Franchises for Sale in Edison, New Jersey
Edison, New Jersey Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
2 | Apricot Lane | Retail Franchises | $80,000 | ||
3 | Zoomin Groomin | Pet | $90,000 | ||
4 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
5 | Ledgers | Business Services | $50,000 | ||
6 | Batteries Plus | Retail Franchises | $100,000 | ||
7 | Automated Investments | Business Opportunities | $100,000 | ||
8 | SiteSwan Website Builder | Business Opportunities | $149 | ||
9 | Dickey's Barbecue Pit | Food | $100,000 | ||
10 | My Business Venture | Computer & Internet Franchises | $10,000 |
To gain comprehensive insights into Edison, New Jersey, 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.
Edison, New Jersey Demographic Insights | ||
Households (2023) | 6,228 | |
Households (2028) | 5,894 | |
Population (2023) | 15,226 | |
Population (2028) | 14,505 | |
Per capita Income (2023) | $61,163 | |
Total Household Expenditures | $587,695,131 | |
Total Retail Expenditures | $274,464,472 | |
Average Household Income (2023) | $149,459 | |
Average Household Income (2028) | $172,355 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Home services is a promising area for franchising in Edison, NJ. With a high homeownership rate, indicated by 60% of housing units being owner-occupied within a 5 mile radius of the city center, and a substantial median home value of $398,757, there is a clear potential market for home improvement and maintenance franchises. These services could range from landscaping to renovation, addressing the needs of the homes that may require updates or modifications.
Read MoreRetail franchises have a rich opportunity to tap into the $4.29 billion annual retail consumer expenditure within Edison. A specific look at apparel, which accounts for $333.62 million of the retail expenditure, signifies a robust market for clothing and fashion franchises. Given the average household net worth of $1.47 million and the high income levels, with 20.5% of households earning $200,000 or more, there is purchasing power to support a range of retail franchises, from mid-tier to luxury offerings.
Edison's automotive industry represents a substantial area for franchise development. Specifically, new car dealerships have a promising market gap with potential sales of $650.72 million against actual sales of $564.11 million. Used car dealerships also present an opportunity, with potential sales of $67.17 million versus actual sales of $37.27 million, highlighting a market for franchises offering certified pre-owned vehicles and value-driven options. Given the fact that 55.3% of the population drives to work alone, there is a clear demand for automotive services that facilitate the daily commute and enhance vehicle ownership experiences in Edison.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: