Irvine, California Franchise Market Analysis
To gain comprehensive insights into Irvine, California, consider these figures in the table below, which include demographic segments, household dynamics, and financial averages, all pivotal in assessing the viability and promise of your franchise endeavor.
Irvine, California Demographic Insights | ||
Households (2023) | 118,907 | |
Households (2028) | 126,751 | |
Population (2023) | 321,916 | |
Population (2028) | 343,276 | |
Per capita Income (2023) | $61,609 | |
Total Household Expenditures | $12,194,054,349 | |
Total Retail Expenditures | $5,670,035,110 | |
Average Household Income (2023) | $165,783 | |
Average Household Income (2028) | $170,100 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Home services in Irvine can thrive, as indicated by the 93.1% housing units occupied and a high median home value of $944,595. The gap report shows a high potential in building materials and garden equipment, with $314.75 million in potential sales versus $129.08 million actual sales. Franchises that cater to home renovation, gardening, and improvement can capitalize on the city's housing market strength and consumer readiness to invest in their properties.
Read MoreIn Irvine, the business services sector stands as a compelling opportunity for franchises. This is underlined by the city's strong corporate presence, with a total of 23,366 businesses and a substantial white-collar workforce that represents 83.7% of the city’s occupation. The city's average household income of $165,783 and the median household income of $134,619 point to significant purchasing power. Additionally, franchises that provide digital transformation services could also see high demand, given the city’s robust tech industry.
Looking at the transportation data, with an average of 1.8 vehicles per household and 214,928 total vehicles available in the area, the automotive industry also has substantial potential. This includes opportunities for car repair, maintenance services, and perhaps even specialized automotive products catering to a community that relies heavily on personal transportation.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Irvine, California Franchise Opportunities (and Businesses for Sale)
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…
30k Minimum Cash Required
Sniffing around for a great new opportunity? Zoomin Groomin is expanding our Mobile Pet Grooming business nationwide. Set your own schedule, be your own boss and work with pets all day. We’ll be right by your side, every…
100k Minimum Cash Required
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
30k Minimum Cash Required
Exclusive territory. #1 Industry leader since 2001. 100% financing for U.S. citizens who qualify* plus software package with complete training. $100K 1st year profit potential. National alliances...
80k Minimum Cash Required
Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep! You can easily make 6-7 figures in passive income when we build your…
30k Minimum Cash Required
Today's busy lifestyles demand the services PostalAnnex+ offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex+ founder Jack Lentz began working out of his…
70k Minimum Cash Required
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As of May 18, 2024: