Franchises for Sale in Lexington, Kentucky
Lexington, Kentucky Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 2 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | Zoomin Groomin | Pet | $90,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 7 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 | |
| 8 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 9 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 10 |  | Home Matters Caregiving - KY | Healthcare & Senior Care | $80,000 |
To gain comprehensive insights into Lexington, Kentucky, 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.
| Lexington, Kentucky Demographic Insights | ||
| Households (2024) | 137,235 | |
| Households (2029) | 138,184 | |
| Population (2024) | 321,813 | |
| Population (2029) | 318,601 | |
| Per capita Income (2024) | $44,780 | |
| Total Household Expenditures | $13,190,753,730 | |
| Total Retail Expenditures | $6,557,911,710 | |
| Average Household Income (2024) | $104,551 | |
| Average Household Income (2029) | $108,384 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The gap report in Lexington indicates a healthy opportunity in the motor vehicle and parts dealer sector, with potential sales of $938.69 million and actual sales of $808.97 million. The automotive industry, bolstered by an estimated 229,495 total vehicles available and the fact that 55% of households have two or more vehicles, is ripe for growth. Ventures in auto repair and maintenance services could thrive, considering the city's dominant car culture.
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The food and beverage sector in Lexington shows promise, with the total annual consumer expenditure in this category reaching $1.49 billion. The presence of a significant number of households (over 32% being 1-person and 33.9% being 2-person households) suggests a demand for convenient dining options that a food franchise could cater to, especially for those looking for quick and healthy meals.
The variety of housing units, including a notable percentage of owner-occupied homes (52.6%), and the median home value of $250,139 suggest a market for home improvement and maintenance franchises. There's potential in targeting services that cater to homeowners looking to enhance their property values or maintain their homes, especially considering the median age of homes is 42.8 years, indicating a need for ongoing maintenance.
Could Lexington Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Lexington?
- How many people could my franchise potentially reach?
- Is the workforce in Lexington strong enough to support my franchise?
- Does Lexington have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Lexington a good location for a franchise?
What's the demand for goods and services like in Lexington?
Residents in Lexington spend $13.19 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 321,813 residents and 137,235 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Lexington strong enough to support my franchise?
Yes! With 91,047 employed individuals, Lexington offers a reliable labor market for hiring and business growth.
Does Lexington have a financially stable community?
Indeed. The median household income in Lexington is $68,247, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 71,774 owner-occupied homes, Lexington showcases a stable and invested population with strong local ties.
Why is Lexington a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Lexington offers a high-potential market for franchise growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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Most Popular Industries & Categories
As of February 22, 2025: