Franchises for Sale in Allen, Texas
Allen, Texas Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Batteries Plus | Retail Franchises | $100,000 | ||
2 | Ledgers | Business Services | $50,000 | ||
3 | Automated Investments | Business Opportunities | $100,000 | ||
4 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
5 | Apricot Lane | Retail Franchises | $80,000 | ||
6 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
7 | Zoomin Groomin | Pet | $90,000 | ||
8 | My Business Venture | Computer & Internet Franchises | $10,000 | ||
9 | Dickey's Barbecue Pit | Food | $100,000 | ||
10 | Mathnasium Learning Centers | Education Franchises | $100,000 |
To gain comprehensive insights into Allen, Texas, 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.
Allen, Texas Demographic Insights | ||
Households (2023) | 39,674 | |
Households (2028) | 50,606 | |
Population (2023) | 113,191 | |
Population (2028) | 141,224 | |
Per capita Income (2023) | $55,471 | |
Total Household Expenditures | $3,919,895,146 | |
Total Retail Expenditures | $1,830,934,073 | |
Average Household Income (2023) | $158,209 | |
Average Household Income (2028) | $133,728 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
In Allen, the automotive industry presents a lucrative opportunity for potential franchisees. With an estimated population of 111,915 in 2024 and a projected annual growth rate of 2.9% through 2029, the city's growing population drives demand for automotive services such as repair, maintenance, and car washes. Additionally, the high average household income of $153,103 and significant vehicle ownership rates, with 47.4% of households owning two vehicles, indicate a strong market for automotive services. The gap between potential and actual sales in this sector is evident, with motor vehicle and parts dealers showing a potential of $349.5 million against actual sales of $90.12 million, highlighting a significant opportunity for new franchises to thrive in the Allen market.
Read MoreAllen's robust economic environment makes the business services sector a prime area for franchise investment. The city is home to 5,226 businesses employing 34,496 people, indicating a substantial market for business support services such as marketing, accounting, and IT support. The high median household income of $127,555 further underscores the community's economic vitality. With a projected 3.5% annual growth in the number of households from 2024 to 2029, the demand for comprehensive business services will continue to rise.
The home services industry in Allen offers considerable potential for new franchisees. As the city's population and the housing market grow, there is a rising demand for services such as home cleaning, landscaping, and handyman services. With an estimated 39,024 households in 2024 and a projected 3.5% annual growth in households through 2029, the need for home services is expected to increase. Investing in a home services franchise can provide essential support to homeowners, contributing to the local economy while addressing a clear market need.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: