Franchises for Sale in Durham, North Carolina
Durham, North Carolina Franchise Opportunities (and Businesses for Sale)
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
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
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
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
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
To gain comprehensive insights into Durham, North Carolina, 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.
| Durham, North Carolina Demographic Insights | ||
| Households (2023) | 126,344 | |
| Households (2028) | 132,230 | |
| Population (2023) | 292,035 | |
| Population (2028) | 312,695 | |
| Per capita Income (2023) | $47,966 | |
| Total Household Expenditures | $9,465,965,383 | |
| Total Retail Expenditures | $4,440,611,305 | |
| Average Household Income (2023) | $110,237 | |
| Average Household Income (2028) | $113,427 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Examining Durham's retail landscape through the lens of the retail gap report highlights concrete opportunities for franchise development. Notably, men's clothing stores show potential sales of $7.33 million against the actual sales of $5.41 million. The market for cosmetics and beauty stores is even more under-served, with potential sales reaching $7.79 million, well above the actual sales of $1.97 million. With the average household income at a healthy $110,237, these retail segments are primed for franchises that can meet the current unmet demand.
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The total annual consumer expenditure on food and beverages is a whopping $1.38 billion in Durham, signifying a thriving market for food-related franchises. With 33.3% of households being 2-person households and the median household income standing at $76,350, franchises offering fast-casual dining could be particularly appealing.
Durham, with a total of 12,847 businesses and a workforce of 127,528 employees, shows substantial activity in the business sector. The significant presence of company headquarters, accounting for 398 businesses and a considerable number of employees (20,770), suggests that there's a vibrant corporate ecosystem. Given the expansive workforce, there's an evident opportunity for franchises offering business services—such as professional training, consulting, and office support.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: