Franchises for Sale in Lubbock, Texas
Lubbock, Texas Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 4 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 5 |  | Ledgers | Business Services | $50,000 | |
| 6 |  | Automated Investments | Business Opportunities | $100,000 | |
| 7 |  | Zoomin Groomin | Pet | $90,000 | |
| 8 |  | SiteSwan Website Builder | Business Opportunities | $149 | |
| 9 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 10 |  | Dickey's Barbecue Pit | Food | $100,000 |
To gain comprehensive insights into Lubbock, Texas, 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.
| Lubbock, Texas Demographic Insights | ||
| Households (2023) | 102,669 | |
| Households (2028) | 109,760 | |
| Population (2023) | 266,045 | |
| Population (2028) | 282,494 | |
| Per capita Income (2023) | $36,942 | |
| Total Household Expenditures | $6,920,485,054 | |
| Total Retail Expenditures | $3,258,207,902 | |
| Average Household Income (2023) | $94,994 | |
| Average Household Income (2028) | $95,199 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Lubbock's high vehicle dependency and robust car ownership make the automotive industry an attractive sector for franchise investment. The city's estimated 5,222 households and the average of 1.7 vehicles per household underscore the need for services such as maintenance, repair, and car washes. Franchisees can tap into this market by offering specialized automotive services to meet the ongoing needs of Lubbock's residents.
Read MoreThe food industry in Lubbock is thriving, driven by both local residents and a significant student population from Texas Tech University. Lubbock's total consumer expenditure on food and beverages is approximately $36.65 million annually, reflecting strong consumer demand. Franchisees can benefit from the steady household income growth, with the average household income projected to rise to $57,978 by 2028.
Retail franchises in Lubbock have substantial potential, particularly in specialty retail stores where there is a notable gap between potential and actual sales. For example, the gap report shows potential sales of $7.69 million for gift and souvenir stores, but actual sales are only $6.3 million. Similarly, pet supply stores have potential sales of $25.55 million compared to actual sales of $13.6 million. Franchisees can leverage these opportunities by investing in specialty retail, apparel, and home goods stores to meet the diverse needs of Lubbock's shoppers.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: