Franchises for Sale in McDonough, Georgia
McDonough, Georgia 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 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
4 | Ledgers | Business Services | $50,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | Automated Investments | Business Opportunities | $100,000 | ||
7 | Zoomin Groomin | Pet | $90,000 | ||
8 | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | ||
9 | PJ's Coffee of New Orleans | Food Franchises | $150,000 | ||
10 | My Business Venture | Computer & Internet Franchises | $10,000 |
To gain comprehensive insights into McDonough, Georgia, 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.
McDonough, Georgia Demographic Insights | ||
Households (2023) | 11,220 | |
Households (2028) | 12,761 | |
Population (2023) | 30,963 | |
Population (2028) | 34,749 | |
Per capita Income (2023) | $32,146 | |
Total Household Expenditures | $713,948,235 | |
Total Retail Expenditures | $337,589,941 | |
Average Household Income (2023) | $88,158 | |
Average Household Income (2028) | $83,469 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The automotive industry is ripe for investment in McDonough. With an estimated population of 31,858 in 2024 and a projected annual growth rate of 2.2%, the demand for automotive services is poised to increase. The data shows that McDonough has 21,355 vehicles available, averaging 1.9 vehicles per household. Franchisees in this sector can benefit from offering comprehensive repair, maintenance, and specialty services to meet the growing needs of vehicle owners.
Read MoreCleaning services represent a significant opportunity in McDonough. The city has 11,379 households, and with the historical annual household growth rate at 2.8%, the number of households is expected to reach 12,938 by 2029. The average household income is relatively high at $90,146, suggesting that residents have the disposable income to spend on professional cleaning services. Offering residential and commercial cleaning services can provide a steady revenue stream.
The retail industry in McDonough offers significant opportunities for franchisees, particularly in areas where potential sales exceed actual sales, indicating unmet demand. For instance, shoe stores show a gap with potential sales at $2.54 million while actual sales are only $907,760, highlighting a strong market opportunity. Additionally, liquor stores demonstrate a significant market gap, with potential sales of $2.03 million against actual sales of $141,110. These data points suggest that McDonough's retail market is not fully meeting consumer demand, providing a prime opportunity for new retail franchises to enter the market and capture this unmet potential.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: