Franchises for Sale in Durham, North Carolina
Durham, North Carolina Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Zoomin Groomin | Pet | $90,000 | ||
2 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
3 | Ledgers | Business Services | $50,000 | ||
4 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
5 | Batteries Plus | Retail Franchises | $100,000 | ||
6 | Automated Investments | Business Opportunities | $100,000 | ||
7 | Apricot Lane | Retail Franchises | $80,000 | ||
8 | Dickey's Barbecue Pit | Food | $100,000 | ||
9 | PJ's Coffee of New Orleans | Food Franchises | $150,000 | ||
10 | SiteSwan Website Builder | Business Opportunities | $149 |
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.
Read MoreThe 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 December 23, 2024: