Sacramento, California Franchise Market Analysis
To gain comprehensive insights into Sacramento, 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.
Sacramento, California Demographic Insights | ||
Households (2023) | 198,223 | |
Households (2028) | 196,777 | |
Population (2023) | 529,687 | |
Population (2028) | 526,933 | |
Per capita Income (2023) | $45,154 | |
Total Household Expenditures | $15,824,316,526 | |
Total Retail Expenditures | $7,431,867,899 | |
Average Household Income (2023) | $119,507 | |
Average Household Income (2028) | $131,278 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Sacramento's robust automotive potential is demonstrated by a total of 354,770 vehicles available and an average of 1.8 vehicles per household. This sector is ripe for expansion, particularly for franchises specializing in maintenance and repair services. Furthermore, 7.7% of households without vehicles present an opportunity for franchises that provide affordable vehicle sales or sharing services. The gap report shows substantial opportunities in motor vehicle and parts dealers, with a gap of over $600 million between potential and actual sales. New car dealers also exhibit a significant gap, suggesting a market eager for new franchises.
Read MoreThe estimated average household income of $119,507 and a per capita income of $45,154 point to a consumer base with disposable income that could be channeled into health and fitness services. The 23.8% of Sacramento’s population working from home represents a target audience for franchises offering home gym equipment, online fitness classes, and wellness programs that can deliver health solutions directly to consumers’ doors.
The home services industry in Sacramento is supported by a median home value of $470,794 and a high housing occupancy rate of 95.6%. With a sizable share of the population living in detached units (61.5%), franchises that provide home improvement, landscaping, and security systems are well-positioned to meet homeowner demands to enhance and maintain their property's value.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Sacramento, California Franchise Opportunities (and Businesses for Sale)
My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on…
3,995 Minimum Cash Required
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k 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
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
Caring Transitions is a low-cost, home-based franchise that allows you to help older adults and their families with major transitions. Rather than concentrate on one service, we focus on the full needs of our clients in this…
50k Minimum Cash Required
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As of May 18, 2024: