Franchises for Sale in Edison, New Jersey
Edison, New Jersey Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Zoomin Groomin | Pet | $90,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | Proper Ecom Academy | Business Opportunities | $50,000 | |
| 4 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 5 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 6 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 7 |  | Comfort Keepers | Senior & Health Care | $100,000 | |
| 8 |  | Koala Insulation | Home Services & Repair Franchises | $100,000 | |
| 9 |  | My Business Venture | Computer & Internet Franchises | $3,995 | |
| 10 |  | NTV360 | Advertising Franchises | $30,000 |
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.
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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.
Could Edison Be the Perfect Spot for Your Franchise?
- Is Edison a financially stable market for a franchise?
- How big is the customer base in Edison?
- What's the spending potential of Edison?
- Is there a workforce to support franchise operations?
- What about the financial stability of the community?
- How stable is the housing market in Edison?
- Why should I consider a franchise in Edison?
Is Edison a financially stable market for a franchise?
With a median household income of $100,920 and 3,596 owner-occupied homes, Edison reflects a community with stable earning potential and long-term investment in the area. Local spending habits, totaling $587.7 million annually, highlight consistent demand for goods and services.
How big is the customer base in Edison?
Edison has 15,226 residents and 6,228 households, providing a solid customer base. With fewer competing businesses, franchises have greater opportunities to build strong brand loyalty and establish a trusted presence in the community.
What's the spending potential of Edison?
Residents contribute $587.7 million annually in household expenditures. This suggests an opportunity to serve unmet needs or provide unique offerings tailored to the community.
Is there a workforce to support franchise operations?
Yes! Edison has 4,379 employed individuals, providing a dependable labor pool. With a strong sense of community and fewer competing employers, businesses often benefit from higher employee retention and a committed workforce.
What about the financial stability of the community?
With a median household income of $100,920, Edison offers a cost-effective market where franchises can succeed by offering affordable, value-driven options.
How stable is the housing market in Edison?
With 3,596 owner-occupied homes, Edison reflects a community invested in local growth, offering fertile ground for franchises that prioritize local engagement.
Why should I consider a franchise in Edison?
While the market is smaller, fewer competitors, lower operating costs, and strong community ties make Edison an ideal location for businesses offering essential services or niche products.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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