Franchises for Sale in Chicago, Illinois
Chicago, Illinois Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | SiteSwan Website Builder | Business Opportunities | $149 | |
| 6 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 7 |  | Zoomin Groomin | Pet | $90,000 | |
| 8 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
| 9 |  | Mathnasium Learning Centers | Education Franchises | $100,000 | |
| 10 |  | Blue Moon Estate Sales | Retail Franchises | $60,000 |
To gain comprehensive insights into Chicago, Illinois, 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.
| Chicago, Illinois Demographic Insights | ||
| Households (2023) | 1,149,680 | |
| Households (2028) | 1,153,763 | |
| Population (2023) | 2,676,734 | |
| Population (2028) | 2,580,617 | |
| Per capita Income (2023) | $51,671 | |
| Total Household Expenditures | $91,704,386,155 | |
| Total Retail Expenditures | $42,757,702,893 | |
| Average Household Income (2023) | $119,988 | |
| Average Household Income (2028) | $130,673 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Chicago offers an excellent landscape for new businesses. Despite being one of America’s largest and most iconic cities, there’s still room for growth in several business sectors. A high annual consumer expenditure on food, boosted by the city’s massive tourist industry, points to opportunity in the food industry. The high household occupancy rate paired with the median home value shows a ready market for both home services and cleaning franchises.
Annual Consumer Food Expenditure: $13.35 billion
Average Travel Time to Work: 30.2 minutes
Annual Consumer Healthcare Expenditure: $7.48 billion
Median Household Net Worth: $590,626
Household Occupancy Rate: 88.8%
Median Home Value: $302,654
The gap report from Chicago unveils a look at sectors in the market where the full potential of sales are not currently being met. Sectors in the food industry, the healthcare industry and the home services industry show market gaps that can be met with new franchises in the area.
Limited Service Restaurants
Potential Sales: $1.52 billion
Actual Sales: $1.26 billion
Health and Personal Care Stores
Potential Sales: $1.53 billion
Actual Sales: $1.09 billion
Home Furnishing Stores
Potential Sales: $987.78 million
Actual Sales: $698.81 million
After analyzing the local data in Chicago, franchises in the food, home services, healthcare and cleaning industries could be perfect fits for entrepreneurs looking to make their mark in Chicago.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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 December 23, 2024: