Franchises for Sale in Englewood, Colorado

The home services industry in Englewood is poised for growth, with particular promise in the home furnishings and furniture subsectors. Data from the gap report underlines this potential, showing that the actual sales in furniture stores are currently $3.75 million, while the market potential stands at $8.83 million. This significant gap indicates a robust opportunity for new franchises to enter the market and capture consumer interest. In addition, home furnishing stores see a similar trend, with potential sales of $14.23 million far outstripping the actual sales of $9.06 million. With Englewood's median home value at an impressive $484,736 and a majority of the homes being owner-occupied, residents are likely investing in their properties, which aligns with the demand for quality home furnishings and furniture.

The business services sector in Englewood stands to benefit from the city's substantial corporate and entrepreneurial activity. With a total of 2,696 businesses and a workforce of 23,364, there's a clear opportunity for services that support business operations. Additionally, the high percentage of home-based workers, at 26%, underscores the need for business services that cater to remote work environments. These services could include professional consulting, marketing, IT support, or virtual administrative assistance. The economic environment of Englewood, characterized by its growing and relatively affluent population, creates a favorable market for business service franchises that offer innovative solutions to meet the evolving needs of local companies and professionals.