Franchises for Sale in Cleveland, Ohio
Cleveland, Ohio Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | Zoomin Groomin | Pet | $90,000 | |
| 4 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 7 |  | Glass Doctor | Auto Franchises | $50,000 | |
| 8 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 9 |  | Poolwerx | Home Services & Repair Franchises | $80,000 | |
| 10 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 |
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 (2024) | 177,012 | |
| Households (2029) | 175,074 | |
| Population (2024) | 385,889 | |
| Population (2029) | 382,361 | |
| Per capita Income (2024) | $29,826 | |
| Total Household Expenditures | $12,662,233,340 | |
| Total Retail Expenditures | $6,543,351,660 | |
| Average Household Income (2024) | $64,471 | |
| Average Household Income (2029) | $67,304 | |
| 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.
Could Cleveland Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Cleveland?
- How many people could my franchise potentially reach?
- Is the workforce in Cleveland strong enough to support my franchise?
- Does Cleveland have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Cleveland a good location for a franchise?
What's the demand for goods and services like in Cleveland?
Residents in Cleveland spend $12.66 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 385,889 residents and 177,012 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Cleveland strong enough to support my franchise?
Yes! With 87,383 employed individuals, Cleveland offers a reliable labor market for hiring and business growth.
Does Cleveland have a financially stable community?
Indeed. The median household income in Cleveland is $41,582, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 71,402 owner-occupied homes, Cleveland showcases a stable and invested population with strong local ties.
Why is Cleveland a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Cleveland 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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