Columbus, Ohio Franchise Market Analysis
To gain comprehensive insights into Columbus, 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.
Columbus, Ohio Demographic Insights | ||
Households (2023) | 386,723 | |
Households (2028) | 390,709 | |
Population (2023) | 902,043 | |
Population (2028) | 921,189 | |
Per capita Income (2023) | $40,606 | |
Total Household Expenditures | $25,893,765,504 | |
Total Retail Expenditures | $12,207,545,721 | |
Average Household Income (2023) | $94,212 | |
Average Household Income (2028) | $101,135 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Columbus, Ohio showcases a significant market for automotive services, with a population of 902,043 and 386,723 households. The city's total of 627,088 vehicles implies a robust demand for automotive repair shops, maintenance services, and car washes. With 61.6% of the working population driving to work alone and the average household owning 1.6 vehicles, franchises that offer quick and accessible automotive services could find a strong customer base.
Read MoreWith Columbus’ annual consumer expenditure on food and beverages reaching $3.82 billion, the food industry is vital to the local economy. There's a particular opportunity in food and beverage stores, with a sales gap of $1.78 billion potential versus $1.16 billion actual sales. This 35% index suggests that grocery stores, specialty food markets, and convenience stores could find an unsaturated market.
Education is also a significant sector in Columbus, with an annual consumer expenditure of $778.81 million, highlighting the city's investment in academic development. Franchises that provide tutoring, test preparation, or skill development have substantial potential, especially those that leverage the city's young demographic and focus on STEM education.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Columbus, Ohio Franchise Opportunities (and Businesses for Sale)
Crave is searching for franchise partners in the U.S. We are one of the fastest-growing Hot Dog franchises, winner of best southern BBQ, and expanding rapidly. If you want to own your own business and be your own boss, look…
70k 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
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…
30k Minimum Cash Required
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k 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
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k Minimum Cash Required
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