Franchises for Sale in Bloomfield, New Jersey
Bloomfield, New Jersey Franchise Opportunities (and Businesses for Sale)
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
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
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
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
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
To gain comprehensive insights into Bloomfield, New Jersey, 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.
| Bloomfield, New Jersey Demographic Insights | ||
| Households (2023) | 2,396 | |
| Households (2028) | 2,227 | |
| Population (2023) | 7,605 | |
| Population (2028) | 7,063 | |
| Per capita Income (2023) | $127,227 | |
| Total Household Expenditures | $542,344,639 | |
| Total Retail Expenditures | $248,003,611 | |
| Average Household Income (2023) | $403,693 | |
| Average Household Income (2028) | $479,652 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The housing data in Bloomfield shows a significant proportion of older homes, with 27.3% built before 1939 and a median age of 63.8 years. This opens a market for home service franchises specializing in renovations, restorations, and modernization. Additionally, with $905.76 million spent annually on household operations, there’s room for growth in services like cleaning, landscaping, and maintenance.
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Food and beverage consumer expenditures are high in Bloomfield, at $3.27 billion annually. Bloomfield shows a promising market for food franchises, particularly those that offer delivery and takeout services. The rise in work-from-home arrangements, indicated by the 21.5% of workers doing so, could also mean an increased demand for convenience in dining options.
There is also a significant potential for the automotive sector in Bloomfield, especially in the sub-categories of new car dealers ($1.57B potential vs. $961.49M actual sales) and auto parts and accessories ($127.06M potential vs. $78.37M actual sales). This suggests a strong market demand for automotive products and services, which is not fully met by the current supply. Franchises in the automotive repair, service, and parts sectors could capitalize on this gap.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: