Franchises for Sale in Albuquerque, New Mexico
Albuquerque, New Mexico Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Apricot Lane | Retail | $80,000 | ||
2 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
3 | Automated Investments | Business Opportunities | $100,000 | ||
4 | Zoomin Groomin | Pet | $90,000 | ||
5 | American Business Systems, LLC | Financial Franchises | $30,000 | ||
6 | BrightStar Care | Healthcare & Senior Care | $100,000 | ||
7 | Batteries Plus | Retail Franchises | $100,000 | ||
8 | Mathnasium Learning Centers | Education Franchises | $100,000 | ||
9 | Kiddie Academy | Children's | $250,000 | ||
10 | The Great Greek Mediterranean Grill | Food | $150,000 |
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 (2024) | 245,530 | |
Households (2029) | 242,473 | |
Population (2024) | 561,749 | |
Population (2029) | 551,174 | |
Per capita Income (2024) | $41,541 | |
Total Household Expenditures | $22,541,605,380 | |
Total Retail Expenditures | $11,485,330,360 | |
Average Household Income (2024) | $94,711 | |
Average Household Income (2029) | $98,029 | |
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.
Read MoreThe 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 January 11, 2025: