Franchises for Sale in Hampton, Virginia
Hampton, Virginia Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
2 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
3 | Apricot Lane | Retail Franchises | $80,000 | ||
4 | SiteSwan Website Builder | Business Opportunities | $149 | ||
5 | Batteries Plus | Retail Franchises | $100,000 | ||
6 | Zoomin Groomin | Pet | $90,000 | ||
7 | Automated Investments | Business Opportunities | $100,000 | ||
8 | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | ||
9 | Mathnasium Learning Centers | Education Franchises | $100,000 | ||
10 | PJ's Coffee of New Orleans | Food Franchises | $150,000 |
To gain comprehensive insights into Hampton, Virginia, 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.
Hampton, Virginia Demographic Insights | ||
Households (2023) | 58,296 | |
Households (2028) | 58,790 | |
Population (2023) | 138,778 | |
Population (2028) | 142,250 | |
Per capita Income (2023) | $40,675 | |
Total Household Expenditures | $3,962,523,111 | |
Total Retail Expenditures | $1,866,072,449 | |
Average Household Income (2023) | $96,111 | |
Average Household Income (2028) | $103,186 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The automotive industry in Hampton offers substantial opportunities for franchisees. With a population of 138,778 and an average household income projected to grow from $96,111 in 2023 to $103,186 in 2028, there is a significant market for automotive services. The city's residents own an average of 1.7 vehicles per household, indicating a high demand for maintenance and repair services.
Read MoreThe health and fitness industry in Hampton is another sector with high potential for growth. The gap report indicates that potential sales for health and personal care stores are significantly higher than actual sales, with a notable gap in pharmacy and drug stores ($56.24 million potential vs. $39.79 million actual). With the increasing awareness and focus on health, there is a strong opportunity for fitness centers, wellness programs, and health-related services in Hampton.
The retail industry in Hampton shows significant potential, particularly in niche markets. According to the gap report, there are substantial opportunities in specific retail segments. For example, the potential sales for electronics and appliance stores are $31.23 million, while actual sales are only $10.22 million, indicating a significant market gap. Similarly, the nursery and garden store segment shows a large gap with potential sales of $10.38 million versus actual sales of $2.42 million. Investing in retail franchises that cater to these underserved segments can help fill these gaps and meet the community's needs.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: