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 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
2 | ![]() | Proper Ecom | Business Opportunities | $50,000 | |
3 | ![]() | Zoomin Groomin | Pet | $90,000 | |
4 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
5 | ![]() | The UPS Store | Printing Packing & Shipping | $75,000 | |
6 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
7 | ![]() | Mr. Electric | Home Services & Repair Franchises | $65,000 | |
8 | ![]() | Poolwerx | Home Services & Repair Franchises | $80,000 | |
9 | ![]() | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 | |
10 | ![]() | Village Idiot Pizza | Food Franchises | $250,000 |
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 (2024) | 127,037 | |
Households (2029) | 134,006 | |
Population (2024) | 299,880 | |
Population (2029) | 319,907 | |
Per capita Income (2024) | $63,776 | |
Total Household Expenditures | $14,631,486,475 | |
Total Retail Expenditures | $6,437,981,086 | |
Average Household Income (2024) | $150,350 | |
Average Household Income (2029) | $158,823 | |
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.
Jersey City has a thriving local economy, supported by 92,401 employed individuals contributing to business growth and consumer demand. The median household income of $98,891 reflects steady earning potential, allowing residents to invest in goods, services, and local businesses. Additionally, with 31,539 owner-occupied homes, Jersey City demonstrates strong residential stability and long-term community engagement.
With a population of 299,880 and 127,037 households, Jersey City provides a large and diverse customer base that supports businesses across various industries. Residents collectively contribute $14.63 billion in annual household expenditures, showcasing high demand for goods and services.
For franchise owners looking for scalability, a strong workforce, and broad consumer reach, Jersey City presents an exceptional business environment with ample growth opportunities.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of February 22, 2025: