Santa Clarita, California Franchise Market Analysis
To gain comprehensive insights into Santa Clarita, 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.
Santa Clarita, California Demographic Insights | ||
Households (2023) | 77,314 | |
Households (2028) | 80,647 | |
Population (2023) | 219,559 | |
Population (2028) | 224,566 | |
Per capita Income (2023) | $53,238 | |
Total Household Expenditures | $7,340,514,333 | |
Total Retail Expenditures | $3,431,530,863 | |
Average Household Income (2023) | $150,994 | |
Average Household Income (2028) | $158,346 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
In Santa Clarita, CA, households with 3 or more vehicles available makeup 26.8% of the area and the average vehicles per household is 2.0, suggesting a high demand for automotive services. With an average household income of $150,994, there is likely discretionary income for vehicle maintenance and luxury automotive services, presenting opportunities for franchises specializing in car repairs, maintenance, or even high-end vehicle sales.
Read MoreWith nearly half (48.6%) of the housing units in Santa Clarita being owner-occupied and a median home value well into the half-million-dollar range, there is a clear market for home improvement and maintenance franchises. This is supported by the gap report's indication of a potential for Building Materials, Garden Equipment and Supplies Dealers at $187.91 million, outperforming the actual sales of $147.16 million. Franchises that provide landscaping, renovations, and home automation solutions may find plenty of opportunities in this affluent market.
With an estimated population of 219,559 and over one-fifth of the workforce working from home, the demand for food service franchises that deliver or offer takeout could be significant. The gap report highlights a sizable potential for limited service restaurants at $122.55 million against actual sales of $108.81 million, indicating a favorable market for quick-service food establishments that cater to Santa Clarita’s community.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Santa Clarita, California Franchise Opportunities (and Businesses for Sale)
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
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
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k 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
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
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
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As of May 16, 2024: