Franchises for Sale in Philadelphia, Pennsylvania
To gain comprehensive insights into Philadelphia, Pennsylvania, 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.
| Philadelphia, Pennsylvania Demographic Insights | ||
| Households (2023) | 646,922 | |
| Households (2028) | 638,074 | |
| Population (2023) | 1,575,634 | |
| Population (2028) | 1,496,906 | |
| Per capita Income (2023) | $40,304 | |
| Total Household Expenditures | $44,198,668,485 | |
| Total Retail Expenditures | $20,654,750,947 | |
| Average Household Income (2023) | $97,451 | |
| Average Household Income (2028) | $107,854 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
With an annual healthcare consumer expenditure in the billions, entrepreneurs can look to Philadelphia to find healthcare franchises with a ready market. The impressive average household net worth in Philadelphia combined with a homeowner-occupied rate of nearly 50% showcases the city as an enticing locale for home services franchises.
Annual Healthcare Consumer Expenditure: $3.67 billion
Average Household Net Worth: $806,600
Homeowner-Occupied Rate: 48.7%
Annual Food Consumer Expenditure: $6.51 billion
Single-Person Household Rate: 37.9%
The gap report in Philadelphia provides a glimpse into industries where their full sales potential is not currently being met. Retail franchises geared towards family clothing could find success quickly due to the current market gap. With consumer spending on food reaching over $6 billion dollars, food franchises can also find a prime market in Philly.
Family Clothing Stores
Potential Sales: $391.88 million
Actual Sales: $338.2 million
Grocery Stores
Potential Sales: $2.7 billion
- Actual Sales: $2.17 billion
Explore the franchise listings below and take the first step towards a rewarding business venture.
Philadelphia, Pennsylvania 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
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
Start shaping your future in the lucrative world of commercial lending today! If you’re an aspiring entrepreneur seeking a dynamic and cost-effective business opportunity, TCLBA has an exciting offer for you. Launch and…
20k 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
Now is the time to seize the advantages of the insulation industry. By becoming a part of Insulation Commandos, you're not just entering a market – you're joining a movement. Step into an industry that empowers…
100k Minimum Cash Required
N-Compass TV has created a network of community-based entrepreneurs who have a business in Indoor Digital Billboards. Screens are placed inside popular places of business in a protected territory. Advertising is then sold to…
30k Minimum Cash Required
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As of September 20, 2024: