Franchises for Sale in Baltimore, Maryland
Baltimore, Maryland 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
The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win…
80k 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
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
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
Start a Medical & Dental Billing and Practice Management Business – Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! Healthcare is the growth industry of the 21st century! Read more…
20k Minimum Cash Required
To gain comprehensive insights into Baltimore, Maryland, 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.
| Baltimore, Maryland Demographic Insights | ||
| Households (2023) | 247,620 | |
| Households (2028) | 243,610 | |
| Population (2023) | 572,973 | |
| Population (2028) | 546,683 | |
| Per capita Income (2023) | $42,914 | |
| Total Household Expenditures | $17,093,419,077 | |
| Total Retail Expenditures | $7,974,782,863 | |
| Average Household Income (2023) | $98,730 | |
| Average Household Income (2028) | $109,538 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The home services industry in Baltimore appears well-positioned for expansion. With the median home value standing at $194,650, there is a clear opportunity for franchises that specialize in home improvements. The annual consumer expenditure for household operations is substantial at $676.57 million. Additionally, with a notable gap in potential versus actual sales in Home Furnishing Stores ($49.9 million / $1.02 million), franchises that can offer a range of home furnishing and improvement services could tap into a market with significant unmet needs.
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The automotive sector in Baltimore shows a marked opportunity for growth, with the Motor Vehicle and Parts Dealers industry exhibiting a potential of $1.54 billion against actual sales of $573.84 million. Considering that 29.2% of households do not have a vehicle and the average vehicles per household stands at 1.1, there is a considerable market for franchises offering automotive sales and services. Moreover, the significant gap highlights an opportunity for new business models such as car-sharing, rental services, and comprehensive automotive care.
In Baltimore’s retail industry, specific sub sectors show substantial gaps between potential and actual sales. For instance, Family Clothing Stores have potential sales of $151.87 million compared to actual sales of $60.81 million. General Merchandise Stores also show a significant opportunity with potential sales of $1.15 billion against actual sales of $162.82 million. These gaps represent fertile ground for franchises that can meet the diverse needs of Baltimore's population, which includes a mix of 65.8% white-collar and 34.2% blue-collar workers. Franchises that strategically position themselves in accessible locations are well-placed to serve the broad spectrum of consumers who either drive or use public transport, with 52.6% of commuters driving alone and 8.2% using public transportation.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: