Franchises for Sale in Cleveland, Ohio
Cleveland, Ohio 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
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
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
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
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
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
To gain comprehensive insights into Cleveland, Ohio, 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.
| Cleveland, Ohio Demographic Insights | ||
| Households (2023) | 171,642 | |
| Households (2028) | 173,628 | |
| Population (2023) | 362,991 | |
| Population (2028) | 359,241 | |
| Per capita Income (2023) | $29,194 | |
| Total Household Expenditures | $8,500,750,274 | |
| Total Retail Expenditures | $3,986,898,660 | |
| Average Household Income (2023) | $61,026 | |
| Average Household Income (2028) | $65,246 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The data indicates there are 225,126 total vehicles available in Cleveland, with an average of 1.3 vehicles per household. Considering that 18.8% of households do not have a vehicle available, there's a clear market for automotive franchises that offer services such as car-sharing, rentals, and sales of economical or electric vehicles. Additionally, the majority of households owning at least one vehicle suggests a steady demand for maintenance and repair services. The gap in potential sales for motor vehicle and parts dealers, which stands at $763.81 million versus actual sales of $443.97 million, further solidifies this industry as a solid choice for franchise opportunities.
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Cleveland's substantial retail consumer expenditure, which amounts to around $3.99 billion annually, presents opportunities for both value-driven and specialty retail franchises. Particularly, the family clothing stores sector, with potential sales at $73.78 million and actual sales at $24.96 million, points to a gap that could be filled by new entrants in the market. Retail franchises that align with Cleveland residents' needs and preferences could find considerable success.
Cleveland presents a fertile ground for the business services industry. With a total of 15,989 businesses and a significant concentration of company headquarters, which employ 43,122 people, the city showcases its robust commercial foundation. This corporate presence creates a demand for a wide array of business services, from professional consulting to IT support and office supply providers. The blend of established companies and a dynamic workforce points to sustainable demand for services that support operational efficiency and corporate expansion.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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