Franchises for Sale in Edison, New Jersey
Edison, New Jersey Franchise Opportunities (and Businesses for Sale)
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
The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win…
80k 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
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
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
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
30k Minimum Cash Required
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.
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Retail 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 November 22, 2024: