Franchises for Sale in Chevy Chase Village, Maryland
Chevy Chase Village, Maryland Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 2 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 3 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 4 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 7 |  | Dickey's Barbecue Pit | Food | $100,000 | |
| 8 |  | Window Genie | Home Services & Repair Franchises | $50,000 | |
| 9 |  | Mr. Electric | Home Services & Repair Franchises | $65,000 | |
| 10 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 |
To gain comprehensive insights into Chevy Chase Village, Maryland, 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.
| Chevy Chase Village, Maryland Demographic Insights | ||
| Households (2024) | 701 | |
| Households (2029) | 715 | |
| Population (2024) | 2,033 | |
| Population (2029) | 2,110 | |
| Per capita Income (2024) | $205,926 | |
| Total Household Expenditures | $144,545,499 | |
| Total Retail Expenditures | $61,144,024 | |
| Average Household Income (2024) | $597,216 | |
| Average Household Income (2029) | $629,228 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Could Chevy Chase Village Be the Perfect Spot for Your Franchise?
- Is Chevy Chase Village a financially stable market for a franchise?
- How big is the customer base in Chevy Chase Village?
- What's the spending potential of Chevy Chase Village?
- Is there a workforce to support franchise operations?
- What about the financial stability of the community?
- How stable is the housing market in Chevy Chase Village?
- Why should I consider a franchise in Chevy Chase Village?
Is Chevy Chase Village a financially stable market for a franchise?
With a median household income of $309,510 and 666 owner-occupied homes, Chevy Chase Village reflects a community with stable earning potential and long-term investment in the area. Local spending habits, totaling $144.55 million annually, highlight consistent demand for goods and services.
How big is the customer base in Chevy Chase Village?
Chevy Chase Village has 2,033 residents and 701 households, providing a solid customer base. With fewer competing businesses, franchises have greater opportunities to build strong brand loyalty and establish a trusted presence in the community.
What's the spending potential of Chevy Chase Village?
Residents contribute $144.55 million annually in household expenditures. This suggests an opportunity to serve unmet needs or provide unique offerings tailored to the community.
Is there a workforce to support franchise operations?
Yes! Chevy Chase Village has 552 employed individuals, providing a dependable labor pool. With a strong sense of community and fewer competing employers, businesses often benefit from higher employee retention and a committed workforce.
What about the financial stability of the community?
With a median household income of $309,510, Chevy Chase Village offers a cost-effective market where franchises can succeed by offering affordable, value-driven options.
How stable is the housing market in Chevy Chase Village?
With 666 owner-occupied homes, Chevy Chase Village reflects a community invested in local growth, offering fertile ground for franchises that prioritize local engagement.
Why should I consider a franchise in Chevy Chase Village?
While the market is smaller, fewer competitors, lower operating costs, and strong community ties make Chevy Chase Village an ideal location for businesses offering essential services or niche products.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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