Franchises for Sale in Minneapolis, Minnesota
Minneapolis, Minnesota Franchise Opportunities (and Businesses for Sale)
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
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
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
30k Minimum Cash Required
Start a Medical & Dental Billing and Practice Management Business – Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! Healthcare is the growth industry of the 21st century! Read more…
20k 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
To gain comprehensive insights into Minneapolis, Minnesota, 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.
| Minneapolis, Minnesota Demographic Insights | ||
| Households (2023) | 189,203 | |
| Households (2028) | 187,670 | |
| Population (2023) | 421,554 | |
| Population (2028) | 412,542 | |
| Per capita Income (2023) | $55,207 | |
| Total Household Expenditures | $15,279,281,252 | |
| Total Retail Expenditures | $7,142,384,870 | |
| Average Household Income (2023) | $121,886 | |
| Average Household Income (2028) | $134,635 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
In Minneapolis, the automotive industry presents a prime opportunity for franchises, bolstered by the fact that 78,163 households have one vehicle and 62,890 have two, indicating a solid base for automotive services. This is further supported by the potential for growth in the Motor Vehicle and Parts Dealer sectors, which shows an impressive gap with potential sales of $1.41 billion against actual sales of $143.02 million. Franchises in repair, parts supply, and maintenance services are particularly well-positioned to leverage this market potential, tapping into the discretionary spending of households on vehicle care.
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The home services industry in Minneapolis is another sector ripe for expansion, with 109,410 owner-occupied housing units providing a substantial customer base for franchises offering renovations, landscaping, and general contractor services. The significant gap in potential versus actual sales in Furniture Stores ($102.85 million vs. $45.59 million) suggests that there's also a demand for home furnishing businesses, likely driven by homeowners investing in property improvements.
Healthcare and Senior Care services stand to benefit from Minneapolis' considerable health care consumer expenditure of $1.24 billion annually. With Health and Personal Care Stores showing potential sales of $254.64 million compared to actual sales of $129.52 million, franchises offering in-home care, assisted living support, and health services can capitalize on this under-served market, especially considering Minneapolis's median household income of $83,344, which indicates a capacity for health-related consumer spending.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: