Franchises for Sale in Milwaukee, Wisconsin
Milwaukee, Wisconsin Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
2 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
3 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
4 | ![]() | Proper Ecom | Business Opportunities | $50,000 | |
5 | ![]() | The UPS Store | Printing Packing & Shipping | $75,000 | |
6 | ![]() | Zoomin Groomin | Pet | $90,000 | |
7 | ![]() | Mr. Electric | Home Services & Repair Franchises | $65,000 | |
8 | ![]() | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
9 | ![]() | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 | |
10 | ![]() | Poolwerx | Home Services & Repair Franchises | $80,000 |
To gain comprehensive insights into Milwaukee, Wisconsin, 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.
Milwaukee, Wisconsin Demographic Insights | ||
Households (2024) | 238,805 | |
Households (2029) | 235,505 | |
Population (2024) | 573,669 | |
Population (2029) | 567,155 | |
Per capita Income (2024) | $31,347 | |
Total Household Expenditures | $19,122,072,984 | |
Total Retail Expenditures | $9,736,202,160 | |
Average Household Income (2024) | $74,857 | |
Average Household Income (2029) | $77,289 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The automotive industry in Milwaukee is ripe for expansion, with a total of 320,893 vehicles available and a majority of households owning at least one vehicle. The drive to work statistics (64.9% drive alone, 7.5% in carpools) further show the demand for automotive services. Additionally, the gap report indicates a significant opportunity in the motor vehicle sector, with potential sales for new car dealers at $941.91 million versus actual sales of $429.87 million, and for recreational vehicle dealers with potential sales of $19.27 million against actual sales of just $402.8 thousand. This gap shows an unmet demand for vehicles and related services, positioning automotive franchises to potentially capture a significant market share.
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As Milwaukee's average household income is on the rise, reaching an estimated $76,070 in 2023 with a projection to grow to $83,354 by 2028, the discretionary spending power of residents is likely to increase. The health and fitness industry can leverage this growing affluence, especially considering the lifestyle of the 18.7% of the workforce who works from home, potentially looking for convenient fitness options.
Milwaukee's housing data reveals a market with a wide variety of home ages, including 29.1% built before 1939, indicating a need for maintenance and renovation services. With 46.1% of homes being owner-occupied and a median home value of $184,264, there is a clear opportunity for home service franchises that offer renovation, repair, and general upkeep services.
The retail sector in Milwaukee shows robust potential, with a total retail consumer expenditure of $6.34 billion annually. Specific areas within retail show notable gaps, such as children's and infants' clothing stores, where potential sales of $19.15 million far exceed actual sales of $1.89 million. Moreover, family clothing stores have a potential of $117.66 million versus actual sales of $27.06 million. These gaps in the clothing sector suggest significant opportunities for retail franchises specializing in apparel.
Could Milwaukee Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Milwaukee?
- How many people could my franchise potentially reach?
- Is the workforce in Milwaukee strong enough to support my franchise?
- Does Milwaukee have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Milwaukee a good location for a franchise?
What's the demand for goods and services like in Milwaukee?
Residents in Milwaukee spend $19.12 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 573,669 residents and 238,805 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Milwaukee strong enough to support my franchise?
Yes! With 135,165 employed individuals, Milwaukee offers a reliable labor market for hiring and business growth.
Does Milwaukee have a financially stable community?
Indeed. The median household income in Milwaukee is $51,744, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 95,462 owner-occupied homes, Milwaukee showcases a stable and invested population with strong local ties.
Why is Milwaukee a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Milwaukee 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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As of February 22, 2025: