Atlanta, Georgia Franchise Market Analysis
To gain comprehensive insights into Atlanta, Georgia, 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.
Atlanta, Georgia Demographic Insights | ||
Households (2023) | 243,787 | |
Households (2028) | 269,243 | |
Population (2023) | 521,471 | |
Population (2028) | 576,798 | |
Per capita Income (2023) | $64,482 | |
Total Household Expenditures | $21,539,544,409 | |
Total Retail Expenditures | $10,001,234,906 | |
Average Household Income (2023) | $136,924 | |
Average Household Income (2028) | $134,687 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The demographic and economic profile of Atlanta presents several opportunities for new franchisees in the city. With an estimated average household income of $136,924 in 2023, there is a significant market for franchises that cater to middle and upper-middle-income consumers. The robust housing market, with owner-occupied median home values at $399,627 and a median rent for renter-occupied units at $1,315, suggests a strong potential for home services franchises. These businesses could offer renovation, landscaping, and maintenance services, tapping into the unmet demand highlighted by the gap report, which shows the Building Material and Garden Equipment and Supplies Dealers sector, with potential sales of $550.53 million against actual sales of $297.73 million.
Read MoreHealthcare also shows promise, with Atlanta's residents spending $1.72 billion on healthcare annually. The gap report reveals a space in the Pharmacy and Drug Store scene, with potential sales of $298.19 million compared to actual sales of $239.11 million. A franchise in the healthcare and senior care industry could offer a range of services from in-home care for seniors to urgent care clinics, fulfilling a growing need in the community.
Lastly, the food and beverage industry shows potential, with Atlanta's households spending $3.1 billion in this sector annually. Food franchises that offer quality, convenience, and a diverse menu could attract busy professionals, especially given the high percentage of workers (42.2%) who work from home and might seek convenient meal options.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Atlanta, Georgia Franchise Opportunities (and Businesses for Sale)
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
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
Exclusive territory. #1 Industry leader since 2001. 100% financing for U.S. citizens who qualify* plus software package with complete training. $100K 1st year profit potential. National alliances...
80k Minimum Cash Required
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…
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
Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep! You can easily make 6-7 figures in passive income when we build your…
30k Minimum Cash Required
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As of May 16, 2024: