Franchises for Sale in Albuquerque, New Mexico
Albuquerque, New Mexico Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 4 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 5 |  | Zoomin Groomin | Pet | $90,000 | |
| 6 |  | Automated Investments | Business Opportunities | $100,000 | |
| 7 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 8 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 9 |  | Glass Doctor | Auto Franchises | $50,000 | |
| 10 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 |
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.
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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.
Could Albuquerque Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Albuquerque?
- How many people could my franchise potentially reach?
- Is the workforce in Albuquerque strong enough to support my franchise?
- Does Albuquerque have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Albuquerque a good location for a franchise?
What's the demand for goods and services like in Albuquerque?
Residents in Albuquerque spend $22.54 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 561,749 residents and 245,530 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Albuquerque strong enough to support my franchise?
Yes! With 149,438 employed individuals, Albuquerque offers a reliable labor market for hiring and business growth.
Does Albuquerque have a financially stable community?
Indeed. The median household income in Albuquerque is $65,945, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 144,224 owner-occupied homes, Albuquerque showcases a stable and invested population with strong local ties.
Why is Albuquerque a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Albuquerque offers a high-potential market for franchise growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of February 22, 2025: