Franchises for Sale in Akron, Ohio
Akron, Ohio Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 2 |  | The Learning Experience | Education | $150,000 | |
| 3 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 4 |  | Ledgers | Business Services | $50,000 | |
| 5 |  | Zoomin Groomin | Pet | $90,000 | |
| 6 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 7 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 8 |  | Automated Investments | Business Opportunities | $100,000 | |
| 9 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
| 10 |  | Mathnasium Learning Centers | Education Franchises | $100,000 |
To gain comprehensive insights into Akron, Ohio, 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.
| Akron, Ohio Demographic Insights | ||
| Households (2023) | 82,953 | |
| Households (2028) | 80,191 | |
| Population (2023) | 190,606 | |
| Population (2028) | 186,191 | |
| Per capita Income (2023) | $31,742 | |
| Total Household Expenditures | $4,609,734,709 | |
| Total Retail Expenditures | $2,172,373,164 | |
| Average Household Income (2023) | $72,422 | |
| Average Household Income (2028) | $81,398 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Akron's automotive industry offers robust opportunities for potential franchisees, driven by a substantial demand for automotive services. The city's population of over 194,000 residents and 125,191 registered vehicles indicate a steady need for maintenance, repair, and related services. Franchisees can capitalize on this by offering specialized services such as tire repair, oil changes, and car detailing to meet the growing needs of Akron's car owners. Additionally, with the average household income projected to rise to $74,095 by 2029, residents could be more likely to invest more in maintaining their vehicles.
Read MoreAkron's clothing retail sector presents a lucrative opportunity for potential franchisees, driven by significant gaps between potential and actual sales. Specific categories such as family clothing stores and women's clothing stores show substantial gaps, with potential sales of $41.01 million and $15.42 million respectively, far exceeding their current sales. The children's and infants' clothing stores also present a notable opportunity, with potential sales of $6.54 million compared to a mere $135.12K in actual sales. This gap suggests a strong unmet demand in Akron's clothing market. Establishing retail franchises in this sector can help bridge the significant sales gap and tap into the growing purchasing power of Akron's residents.
The business services industry in Akron presents significant opportunities for franchisees, bolstered by the city's thriving business ecosystem and a high concentration of company headquarters. Akron is home to 6,945 businesses, including 289 company headquarters, which collectively employ 88,379 people. This diverse business landscape drives a substantial demand for professional services such as consulting, marketing, IT support, and human resources. The gap report underscores this potential, with notable discrepancies between potential and actual sales in various business service sectors. For instance, the demand for office supplies and stationary stores is projected to be $4.31 million, compared to actual sales of $1.6 million, indicating a significant market opportunity. The presence of numerous small to medium-sized enterprises (SMEs) in Akron fuels the need for services like bookkeeping, payroll management, and legal assistance. Franchisees can capitalize on this by offering specialized and high-quality business services, thereby addressing the substantial unmet demand and supporting the growth and success of Akron's dynamic business community.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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