Franchises for Sale in Chicago, Illinois
Chicago, Illinois Franchise Opportunities (and Businesses for Sale)
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
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
The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win…
80k 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
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.
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As of November 22, 2024: