Franchises for Sale in Lubbock, Texas
Lubbock, Texas 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
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
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
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
The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win…
80k 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 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 November 22, 2024: