Franchises for Sale in Charlotte, North Carolina
Charlotte, North Carolina Franchise Opportunities (and Businesses for Sale)
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
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
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
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
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
To gain comprehensive insights into Charlotte, 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.
Charlotte, North Carolina Demographic Insights | ||
Households (2023) | 371,338 | |
Households (2028) | 406,715 | |
Population (2023) | 896,209 | |
Population (2028) | 981,436 | |
Per capita Income (2023) | $52,329 | |
Total Household Expenditures | $30,895,830,333 | |
Total Retail Expenditures | $14,468,962,367 | |
Average Household Income (2023) | $125,984 | |
Average Household Income (2028) | $123,977 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Charlotte is a hotbed for entrepreneurs and new franchises. The high average household net worth points to the strong spending power of Charlotte’s residents. The median home value of $334,080 and a high percentage of detached-units shows the home services industry as a sector with potential in the Queen City. The annual consumer expenditure of over $1 billion dollars on education also unveils education franchises as a sector with a sizable market.
Average Household Net Worth: $606,656
Median Home Value: $334,080
Percentage of Detached-Units: 54.8%
Annual Food Consumer Expenditure: $4.49 billion
Annual Education Consumer Expenditure: $1.04 billion
The gap report in Charlotte showcases sectors where the potential sales are not being met by actual sales. The market gaps in the Health, Personal Care, Pharmacies and Drug Stores sectors portray an exciting opportunity for healthcare franchises in Charlotte. The gap in Food and Beverage Stores sales is nearly one billion dollars, marking food franchises as a potentially lucrative opportunity.
Health and Personal Care
Potential Sales: $513.5 million
Actual Sales: $394.95 million
Pharmacies and Drug Stores
Potential Sales: $429.99 million
Actual Sales: $352.66 million
Building Material and Garden Equipment
Potential Sales: $786.79 million
Actual Sales: $774.99 million
Food and Beverage Stores
Potential Sales: $2.07 billion
Actual Sales: $1.31 billion
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: