Franchises for Sale in Allen, Texas
Allen, Texas Franchise Opportunities (and Businesses for Sale)
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
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
30k 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
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
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
Own a business that provides you the opportunity to help veterans, seniors, the disabled, caregivers, and others in your community. Keep them mobile by offering mobility products and equipment. Join Mobility Plus and start…
50k Minimum Cash Required
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 November 22, 2024: