Franchises for Sale in Lakeland, Florida
Lakeland, Florida Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
2 | ![]() | Zoomin Groomin | Pet | $90,000 | |
3 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
4 | ![]() | The UPS Store | Printing Packing & Shipping | $75,000 | |
5 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
6 | ![]() | Proper Ecom | Business Opportunities | $50,000 | |
7 | ![]() | Mr. Electric | Home Services & Repair Franchises | $65,000 | |
8 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 | |
9 | ![]() | Village Idiot Pizza | Food Franchises | $250,000 | |
10 | ![]() | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 |
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 (2024) | 48,575 | |
Households (2029) | 55,145 | |
Population (2024) | 120,339 | |
Population (2029) | 135,815 | |
Per capita Income (2024) | $39,616 | |
Total Household Expenditures | $4,341,836,094 | |
Total Retail Expenditures | $2,234,211,330 | |
Average Household Income (2024) | $97,412 | |
Average Household Income (2029) | $101,923 | |
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.
With a population of 120,339 and 48,575 households, Lakeland offers a close-knit customer base where businesses can build strong local connections. Annual household expenditures total $4.34 billion, highlighting steady consumer demand. With fewer businesses competing for attention, franchises have a greater opportunity to establish themselves as go-to providers in the area.
The local workforce includes 29,243 employed individuals, creating a steady hiring pool for businesses looking to attract and retain talent. Housing stability is reflected in 26,210 owner-occupied homes, demonstrating long-term community investment and a strong local presence.
For franchises focused on essential services, value-driven products, or niche offerings, Lakeland provides an opportunity to build lasting customer relationships and stand out in a market with fewer direct competitors.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of February 22, 2025: