Franchises for Sale in McKinney, Texas
McKinney, Texas Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Ledgers | Business Services | $50,000 | ||
2 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
3 | Zoomin Groomin | Pet | $90,000 | ||
4 | Automated Investments | Business Opportunities | $100,000 | ||
5 | Batteries Plus | Retail Franchises | $100,000 | ||
6 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
7 | Apricot Lane | Retail Franchises | $80,000 | ||
8 | SiteSwan Website Builder | Business Opportunities | $149 | ||
9 | Dickey's Barbecue Pit | Food | $100,000 | ||
10 | PJ's Coffee of New Orleans | Food Franchises | $150,000 |
To gain comprehensive insights into McKinney, 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.
McKinney, Texas Demographic Insights | ||
Households (2023) | 74,205 | |
Households (2028) | 89,677 | |
Population (2023) | 204,996 | |
Population (2028) | 240,236 | |
Per capita Income (2023) | $54,319 | |
Total Household Expenditures | $6,997,649,486 | |
Total Retail Expenditures | $3,275,341,916 | |
Average Household Income (2023) | $149,788 | |
Average Household Income (2028) | $133,325 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
McKinney's affluent community, with an estimated average household income for 2023 at $149,788, indicates strong potential for healthcare franchises. The gap report shows that while potential sales for health and personal care stores stand at $114.8 million, the actual sales are only at $72.93 million. This demonstrates a substantial market opportunity for franchises that can offer a spectrum of services, from in-home care to specialized healthcare facilities.
Read MoreA thriving housing market in McKinney, with a 98.3% occupancy rate and a median home value of $380,938, signals a high demand for home service franchises. The gap in furniture and home furnishings sales, where potential sales are at $77.16 million versus actual sales of $30.01 million, highlights a significant opportunity for businesses that offer home improvement and renovation services.
The substantial spending on food and beverages, totaling over $1.01 billion annually, combined with a significant proportion of the population working from home (32.5%), presents fertile ground for food industry franchises. There is a noticeable opportunity in full-service restaurants, with potential sales of $251.81 million compared to actual sales of $208 million. This suggests that McKinney could support more upscale dining options, as well as cater to the convenience of remote workers through delivery or take-out services.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: