Franchises for Sale in Chicago, Illinois
Chicago, Illinois Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Zoomin Groomin | Pet | $90,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | Automated Investments | Business Opportunities | $100,000 | |
| 4 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 5 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 6 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 7 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 8 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 9 |  | Glass Doctor | Auto Franchises | $50,000 | |
| 10 |  | Poolwerx | Home Services & Repair Franchises | $80,000 |
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 (2024) | 1,150,086 | |
| Households (2029) | 1,133,548 | |
| Population (2024) | 2,696,612 | |
| Population (2029) | 2,646,844 | |
| Per capita Income (2024) | $53,408 | |
| Total Household Expenditures | $114,559,160,800 | |
| Total Retail Expenditures | $54,549,243,000 | |
| Average Household Income (2024) | $124,993 | |
| Average Household Income (2029) | $131,642 | |
| 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.
Could Chicago Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Chicago?
- How many people could my franchise potentially reach?
- Is the workforce in Chicago strong enough to support my franchise?
- Does Chicago have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Chicago a good location for a franchise?
What's the demand for goods and services like in Chicago?
Residents in Chicago spend $114.56 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 2,696,612 residents and 1,150,086 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Chicago strong enough to support my franchise?
Yes! With 729,353 employed individuals, Chicago offers a reliable labor market for hiring and business growth.
Does Chicago have a financially stable community?
Indeed. The median household income in Chicago is $75,694, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 486,476 owner-occupied homes, Chicago showcases a stable and invested population with strong local ties.
Why is Chicago a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Chicago offers a high-potential market for franchise growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of February 22, 2025: