Franchises for Sale in Cary, North Carolina
Cary, North Carolina 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
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
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k 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
To gain comprehensive insights into Cary, North Carolina, 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.
| Cary, North Carolina Demographic Insights | ||
| Households (2023) | 73,482 | |
| Households (2028) | 84,127 | |
| Population (2023) | 179,000 | |
| Population (2028) | 202,909 | |
| Per capita Income (2023) | $67,333 | |
| Total Household Expenditures | $7,456,137,710 | |
| Total Retail Expenditures | $3,478,875,227 | |
| Average Household Income (2023) | $163,943 | |
| Average Household Income (2028) | $154,672 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Cary's automotive sector presents a significant opportunity for new franchises, driven by strong potential sales exceeding actual sales. According to the gap report, the market for motor vehicle and parts dealers is particularly underdeveloped. For instance, potential sales for new car dealers are projected at $537.54 million, while actual sales are only $52.22 million, indicating a substantial gap. This suggests a lucrative market for franchisees to enter and meet the demand in Cary, supported by the city's growing population and high average household income of $176,016.
Read MoreHome services in Cary are in high demand, driven by a growing number of affluent homeowners seeking maintenance, repairs, and renovations. Cary's homeownership rate is 63.8%, with a median home value of $541,973, reflecting the residents' investment in their properties. The city's strong real estate market and increasing household numbers, projected to grow by 1.7% annually until 2029, create a thriving environment for franchises offering home improvement, landscaping, plumbing, and electrical services.
Cary's business services sector offers a substantial growth opportunity for new franchises. With Cary housing over 9,148 businesses employing more than 71,020 people, there is a clear need for reliable services to support these enterprises. The city's projected population growth and high median household income of $122,733 further support the potential for business services franchises to thrive. Entrepreneurs can capitalize on this by offering essential services such as IT support, marketing, and business consulting, meeting the growing needs of Cary's business community and contributing to the local economy.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: