Franchises for Sale in Buffalo, New York
Buffalo, New York Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Batteries Plus | Retail Franchises | $100,000 | ||
2 | The Learning Experience | Education | $150,000 | ||
3 | Automated Investments | Business Opportunities | $100,000 | ||
4 | Zoomin Groomin | Pet | $90,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | SiteSwan Website Builder | Business Opportunities | $149 | ||
7 | Apricot Lane | Retail Franchises | $80,000 | ||
8 | My Business Venture | Computer & Internet Franchises | $10,000 | ||
9 | Mathnasium Learning Centers | Education Franchises | $100,000 | ||
10 | Dickey's Barbecue Pit | Food | $100,000 |
To gain comprehensive insights into Buffalo, New York, 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.
Buffalo, New York Demographic Insights | ||
Households (2023) | 119,073 | |
Households (2028) | 113,217 | |
Population (2023) | 264,896 | |
Population (2028) | 249,883 | |
Per capita Income (2023) | $35,005 | |
Total Household Expenditures | $6,927,645,707 | |
Total Retail Expenditures | $3,250,323,774 | |
Average Household Income (2023) | $77,379 | |
Average Household Income (2028) | $88,569 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Buffalo's reliance on automobiles is demonstrated by the fact that 66.6% of the workforce commutes alone by car. There’s a significant opportunity in the automotive industry, with potential sales in the motor vehicle and parts dealers sector estimated at $626.91 million, more than double the actual sales of $314.07 million. Considering there are 119,073 households in the city, there is a substantial market for automotive franchises specializing in repair, maintenance, and parts services.
Read MoreBuffalo's annual food and beverage consumer expenditure stands at over $1.03 billion, indicative of a robust market for food franchises. The potential in specialized sectors like fruit and vegetable markets—which shows a potential of $3 million against actual sales of approximately $189.99 thousand—suggests there are unexplored niches in the food industry. With a median household income of $50,366, franchises that innovate within the food sector, particularly those offering fresh and healthy options, have the potential to carve out a successful niche.
The age of Buffalo's housing stock, with a median home age of 75.4 years, points to a demand for home services franchises. The significant homeownership rate of 56.3% further supports the need for services ranging from basic repairs to full-scale renovations. Franchises that can offer solutions for home improvements, energy efficiency upgrades, and modifications for aging homes could find a receptive market in Buffalo.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: