Franchises for Sale in El Paso, Texas
El Paso, Texas Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Ledgers | Business Services | $50,000 | ||
2 | Zoomin Groomin | Pet | $90,000 | ||
3 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
4 | Automated Investments | Business Opportunities | $100,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | Apricot Lane | Retail Franchises | $80,000 | ||
7 | Batteries Plus | Retail Franchises | $100,000 | ||
8 | Mathnasium Learning Centers | Education Franchises | $100,000 | ||
9 | My Business Venture | Computer & Internet Franchises | $10,000 | ||
10 | SiteSwan Website Builder | Business Opportunities | $149 |
To gain comprehensive insights into El Paso, Texas, 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.
El Paso, Texas Demographic Insights | ||
Households (2023) | 238,997 | |
Households (2028) | 238,380 | |
Population (2023) | 675,051 | |
Population (2028) | 668,227 | |
Per capita Income (2023) | $31,000 | |
Total Household Expenditures | $15,124,657,468 | |
Total Retail Expenditures | $7,140,628,088 | |
Average Household Income (2023) | $87,195 | |
Average Household Income (2028) | $93,678 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The healthcare and senior care industry in El Paso not only benefits from an estimated $1.27 billion annually in consumer healthcare expenditures but also from a retail gap report showing potential pharmacy and drug store sales of $214.17 million against actual sales of $181.6 million. The average household income in El Paso, currently at $87,195, supports the financial ability of consumers to engage with private healthcare and senior care services, making this sector a robust choice for potential franchises.
Read MoreThe importance of education in El Paso is apparent, with consumers committing a robust $451.54 million annually to education expenditures. The city’s household composition accentuates the potential in the education sector, with 18.2% of households consisting of 3-person families, and another substantial 15.0% being 4-person households. These statistics not only suggest a sizable presence of school-aged children but also indicate a community that may place a high value on education and child development. Franchises offering a range of educational services, from after-school tutoring to specialized skill development programs, are well-positioned to tap into this market.
El Paso also presents a promising landscape for franchises specializing in business services, supported by the city’s solid base of over 24,601 businesses and a workforce comprising 246,630 employees. With a substantial portion of the city's workforce engaged in white-collar jobs (57.6%), there is a clear demand for services that support the operations of these businesses. This includes corporate training, marketing and advertising services, accounting, logistics, and other support services.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: