Franchises for Sale in Jersey City, New Jersey
Jersey City, New Jersey Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 2 |  | Zoomin Groomin | Pet | $90,000 | |
| 3 |  | Ledgers | Business Services | $50,000 | |
| 4 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 7 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 8 |  | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | |
| 9 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 10 |  | Mathnasium Learning Centers | Education Franchises | $100,000 |
To gain comprehensive insights into Jersey City, 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.
| Jersey City, New Jersey Demographic Insights | ||
| Households (2023) | 125,442 | |
| Households (2028) | 133,065 | |
| Population (2023) | 303,742 | |
| Population (2028) | 327,129 | |
| Per capita Income (2023) | $57,753 | |
| Total Household Expenditures | $11,288,106,604 | |
| Total Retail Expenditures | $5,222,608,323 | |
| Average Household Income (2023) | $139,612 | |
| Average Household Income (2028) | $143,306 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
With an impressive total annual consumer expenditure of $1.63 billion on food and beverages and the actual sales for full-service restaurants at $363.62 million against a potential of $405.48 million, there's evident room for growth in the dining sector in Jersey City. The city's high average household income of $139,612 and the median income of $100,488 imply that residents have the means for regular restaurant visits or premium dining experiences. Quick-service and fast-casual dining franchises are likely to find a receptive audience, particularly when considering the potential sales for limited service restaurants are at $188.37 million against actual sales of $112.08 million.
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The data points to an 89% housing unit occupancy rate in Jersey City, with a notable 27.1% owner-occupied rate. With an owner-occupied median home value of $495,838, there is likely a market for home improvement and maintenance franchises. Additionally, the $767.27 million spent annually on utilities by consumers suggests a substantial market for energy efficiency services and home automation, areas ripe for innovation and growth.
Jersey City’s total retail consumer expenditure is $5.22 billion annually, with specific sectors like apparel ($414.53 million) and entertainment ($652.73 million) indicating consumer interest in these areas. With the workforce predominantly in white-collar jobs (72.9%), there's likely a demand for retail franchises that cater to professionals, such as clothing stores, electronics, and specialty retail 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: