Franchises for Sale in Minneapolis, Minnesota
Minneapolis, Minnesota Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | ||
2 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
3 | SiteSwan Website Builder | Business Opportunities | $149 | ||
4 | Apricot Lane | Retail Franchises | $80,000 | ||
5 | Batteries Plus | Retail Franchises | $100,000 | ||
6 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
7 | Automated Investments | Business Opportunities | $100,000 | ||
8 | Always Faithful Dog Training | Pet Franchises | $50,000 | ||
9 | Port of Subs | Food Franchises | $100,000 | ||
10 | Blue Moon Estate Sales | Retail Franchises | $60,000 |
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.
Read MoreThe 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 December 23, 2024: