Franchises for Sale in Lafayette, Louisiana
Lafayette, Louisiana Franchise Opportunities (and Businesses for Sale)
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus…
100k Minimum Cash Required
Ledgers offers tax, payroll, compliance, and business advisory services to owners of small businesses and individuals desiring a full-service provider through its franchised locations.
50k Minimum Cash Required
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and…
100k Minimum Cash Required
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k Minimum Cash Required
Today's busy lifestyles demand the services PostalAnnex offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex founder Jack Lentz began working out of his…
70k Minimum Cash Required
Sniffing around for a great new opportunity? Zoomin Groomin is expanding our Mobile Pet Grooming business nationwide. Set your own schedule, be your own boss and work with pets all day. We’ll be right by your side, every…
100k Minimum Cash Required
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.
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As of November 22, 2024: