Franchises for Sale in Lakeland, Florida
Lakeland, Florida Franchise Opportunities (and Businesses for Sale)
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
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
Own a business that provides you the opportunity to help veterans, seniors, the disabled, caregivers, and others in your community. Keep them mobile by offering mobility products and equipment. Join Mobility Plus and start…
50k 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
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
To gain comprehensive insights into Lakeland, Florida, 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.
| Lakeland, Florida Demographic Insights | ||
| Households (2023) | 46,395 | |
| Households (2028) | 53,680 | |
| Population (2023) | 118,618 | |
| Population (2028) | 134,466 | |
| Per capita Income (2023) | $36,144 | |
| Total Household Expenditures | $3,047,503,362 | |
| Total Retail Expenditures | $1,436,056,084 | |
| Average Household Income (2023) | $91,793 | |
| Average Household Income (2028) | $85,393 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The automotive industry in Lakeland presents a promising opportunity for potential franchisees. With an estimated 78,494 vehicles available in the city and 34.9% of households having two vehicles, there is a substantial demand for automotive services. The city's strategic location along major highways enhances the potential customer base, including residents and travelers, contributing to sustained business growth. Given Lakeland's projected annual population growth rate of 3.4% from 2024 to 2029 and an increase in households from 50,768 to 60,034 during the same period, automotive franchises can expect a growing market. This growth underscores the importance of automotive services, including maintenance, repair, and parts.
Read MoreCleaning services in Lakeland are another viable franchise opportunity. The rising number of residential and commercial properties in the city has led to an increased need for reliable cleaning services. With an estimated 57,398 housing units by 2024 and 45.6% of these being renter-occupied, there is a significant market for both regular and move-in/move-out cleaning services. The projected household growth of 3.7% annually from 2024 to 2029 further boosts the potential customer base.
The home services industry in Lakeland is ripe for franchise opportunities, especially in the hardware stores sector. The data shows potential sales of $3.59 million compared to actual sales of $973.95K, indicating a significant market gap. The annual consumer expenditure on furnishings and equipment is estimated at $113.66 million for 2024, underscoring the substantial market for home services in Lakeland. Entrepreneurs can capitalize on this demand by investing in home services franchises, ensuring steady business growth and a robust customer base in a thriving community.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: