Franchises for Sale in Bloomfield, New Jersey
Bloomfield, New Jersey Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Zoomin Groomin | Pet | $90,000 | |
| 2 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 3 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Ledgers | Business Services | $50,000 | |
| 7 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 8 |  | Dickey's Barbecue Pit | Food | $100,000 | |
| 9 |  | Mathnasium Learning Centers | Education Franchises | $100,000 | |
| 10 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 |
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 December 23, 2024: