Franchises for Sale in Lafayette, Louisiana
Lafayette, Louisiana 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 | Automated Investments | Business Opportunities | $100,000 | ||
4 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | Apricot Lane | Retail Franchises | $80,000 | ||
7 | Ledgers | Business Services | $50,000 | ||
8 | SiteSwan Website Builder | Business Opportunities | $149 | ||
9 | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | ||
10 | PJ's Coffee of New Orleans | Food Franchises | $150,000 |
To gain comprehensive insights into Lafayette, Louisiana, 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.
Lafayette, Louisiana Demographic Insights | ||
Households (2023) | 54,208 | |
Households (2028) | 55,728 | |
Population (2023) | 125,093 | |
Population (2028) | 128,390 | |
Per capita Income (2023) | $41,565 | |
Total Household Expenditures | $3,646,328,766 | |
Total Retail Expenditures | $1,708,140,157 | |
Average Household Income (2023) | $95,473 | |
Average Household Income (2028) | $100,111 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Lafayette's automotive sector is poised for significant growth, driven by a growing population. The city’s estimated 126,549 residents rely heavily on personal vehicles for commuting, with 81.7% driving to work alone. This high vehicle usage underscores the demand for automotive services such as repairs, maintenance, and car washes. The automotive industry in Lafayette is bolstered by the steady population growth, projected to reach 129,774 by 2029, alongside an increase in households. With 56,231 households in 2024, up from 52,511 in 2020, the need for reliable automotive services is clear.
Read MoreThe food industry in Lafayette is flourishing, supported by a vibrant local culture and a growing appetite for dining out. The city’s residents spend approximately $555.75 million annually on food and beverages, highlighting a strong market demand. The average household income is projected to rise to $90,876 by 2029, up from $88,623 in 2024, providing residents with more disposable income to spend on dining experiences. This presents a lucrative opportunity for new food franchises, particularly those offering fast-casual dining, healthy options, and diverse cuisines.
The retail sector in Lafayette showcases notable opportunities for growth, particularly in the jewelry store segment. The potential sales for jewelry stores stand at $6.84 million, whereas actual sales are just $4.38 million. This positive gap suggests an attractive market with strong consumer demand for jewelry.
Explore the franchise listings below and take the first step towards a rewarding business venture.
At Franchise Gator, we prioritize transparency and objectivity to empower your franchise decisions. Unlike brokers or franchisors, our motivations are unclouded by financial incentives tied to your choices. We don't earn based on the franchise you opt for, instead, our mission is to present you with impartial insights. Navigate through a realm of franchising opportunities with information you can trust.
Most Popular Industries & Categories
As of December 23, 2024: