Franchises for Sale in Albuquerque, New Mexico
Albuquerque, New Mexico 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
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus…
100k Minimum Cash Required
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and…
100k Minimum Cash Required
Ledgers offers tax, payroll, compliance, and business advisory services to owners of small businesses and individuals desiring a full-service provider through its franchised locations.
50k 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
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k Minimum Cash Required
To gain comprehensive insights into Albuquerque, New Mexico, 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.
| Albuquerque, New Mexico Demographic Insights | ||
| Households (2023) | 240,513 | |
| Households (2028) | 238,737 | |
| Population (2023) | 565,943 | |
| Population (2028) | 564,217 | |
| Per capita Income (2023) | $42,924 | |
| Total Household Expenditures | $16,886,672,674 | |
| Total Retail Expenditures | $7,945,166,570 | |
| Average Household Income (2023) | $100,675 | |
| Average Household Income (2028) | $109,910 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Albuquerque’s housing data hints at a demand for maintenance and renovations. With 93.7% of housing units occupied and 61.2% being owner-occupied, the home services industry presents lucrative opportunities. Franchises that provide specialized services to enhance living spaces, including energy efficiency upgrades, could tap into the homeowner market characterized by an average household net worth of $761,069.
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The majority of Albuquerque’s households own vehicles, averaging 1.7 vehicles per household, and with 65.3% of the working population driving alone to work, the automotive industry holds strong franchise potential. Service franchises in maintenance, repair, or car wash services can capitalize on the high vehicle ownership in this city.
Albuquerque's economic landscape suggests a promising potential for the business services sector. With a total of 32,718 businesses in the city, there is a clear demand for services that support the operational needs of these companies. The gap report indicates opportunities in non-store retailers, including e-commerce and direct-to-consumer models, with a potential of $527.13 million against actual sales of $212.97 million, as well as mail order and catalog stores, showing potential sales of $439.2 million against actual sales of $186.33 million. This data indicates an unmet need for business services that can provide logistics, digital marketing, and supply chain solutions to help companies reach and serve customers more effectively. Additionally, the presence of company headquarters in the city (934 headquarters employing 33,578 people) underlines the need for professional services like accounting, legal, HR, and IT support. Franchises that offer these business-to-business services could find a robust market in Albuquerque, capitalizing on the growing trend towards outsourcing to improve efficiency and reduce costs.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: