Franchises for Sale in Minneapolis, Minnesota
Minneapolis, Minnesota Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 2 |  | E-Commerce Future USA | Business Opportunities | $30,000 | |
| 3 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 4 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 5 |  | Five Star Painting | Home Services & Repair Franchises | $50,000 | |
| 6 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 7 |  | Automated Investments | Business Opportunities | $100,000 | |
| 8 |  | Fuego Cravings | Food & Restaurant | $200,000 | |
| 9 |  | Express Employment Professionals | Personnel & Staffing | $150,000 | |
| 10 |  | Rainbow Restoration | Cleaning Franchises | $100,000 |
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 (2024) | 193,132 | |
| Households (2029) | 194,033 | |
| Population (2024) | 430,779 | |
| Population (2029) | 431,792 | |
| Per capita Income (2024) | $53,713 | |
| Total Household Expenditures | $19,588,992,496 | |
| Total Retail Expenditures | $9,352,417,100 | |
| Average Household Income (2024) | $118,800 | |
| Average Household Income (2029) | $124,353 | |
| 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.
Minneapolis has a thriving local economy, supported by 0 employed individuals contributing to business growth and consumer demand. The median household income of $0 reflects steady earning potential, allowing residents to invest in goods, services, and local businesses. Additionally, with 0 owner-occupied homes, Minneapolis demonstrates strong residential stability and long-term community engagement.
With a population of 430,779 and 193,132 households, Minneapolis provides a large and diverse customer base that supports businesses across various industries. Residents collectively contribute $19.59 billion in annual household expenditures, showcasing high demand for goods and services.
For franchise owners looking for scalability, a strong workforce, and broad consumer reach, Minneapolis presents an exceptional business environment with ample growth opportunities.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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