Cape Coral, Florida Franchise Market Analysis
To gain comprehensive insights into Cape Coral, Florida, 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.
Cape Coral, Florida Demographic Insights | ||
Households (2023) | 84,733 | |
Households (2028) | 110,101 | |
Population (2023) | 221,094 | |
Population (2028) | 281,361 | |
Per capita Income (2023) | $37,453 | |
Total Household Expenditures | $5,866,914,615 | |
Total Retail Expenditures | $2,772,480,707 | |
Average Household Income (2023) | $97,638 | |
Average Household Income (2028) | $80,676 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Cape Coral's housing data reveals a high percentage (74.8%) being detached units. This, paired with a healthy homeowner-occupied rate (72.5%), indicates a significant market for home maintenance and improvement services. Franchise opportunities could include landscaping, pool maintenance, home renovation, or HVAC services. The city's median home value of $286,689 suggests that homeowners are invested in their properties, likely making them willing to spend on upkeep and enhancements.
Read MoreWith over 72% of Cape Coral’s population driving to work alone and an average of 1.8 vehicles per household, the automotive industry is poised for success. There’s a sizable gap between potential and actual sales in auto parts and accessories, with potential sales at $33.7 million against actual sales of $23.57 million. Automotive service franchises that offer repair, maintenance, and car washes could seize this opportunity to serve a community deeply reliant on personal transportation.
The total retail consumer expenditure is calculated at $2.77 billion annually, showing Cape Coral’s strong consumer spending. Retail franchises, especially those that align with the lifestyles of Cape Coral’s residents, can capitalize on this spending behavior. With the right market research and location, a retail franchise could thrive in this community.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Cape Coral, Florida Franchise Opportunities (and Businesses for Sale)
Crave is searching for franchise partners in the U.S. We are one of the fastest-growing Hot Dog franchises, winner of best southern BBQ, and expanding rapidly. If you want to own your own business and be your own boss, look…
70k 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
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
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
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
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
At Franchise Gator, we prioritize transparency and objectivity to empower your franchise decisions. Unlike brokers or franchisors, our motivations are unclouded by financial incentives tied to your choices. We don't earn based on the franchise you opt for, instead, our mission is to present you with impartial insights. Navigate through a realm of franchising opportunities with information you can trust.
Most Popular Industries & Categories
As of May 15, 2024: