Franchises for Sale in New York, New York
New York, New York Franchise Opportunities (and Businesses for Sale)
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k 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
Sniffing around for a great new opportunity? Zoomin Groomin is expanding our Mobile Pet Grooming business nationwide. Set your own schedule, be your own boss and work with pets all day. We’ll be right by your side, every…
100k 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
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
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
To gain comprehensive insights into New York, New York, 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.
New York, New York Demographic Insights | ||
Households (2023) | 3,280,037 | |
Households (2028) | 3,298,268 | |
Population (2023) | 8,380,636 | |
Population (2028) | 7,940,060 | |
Per capita Income (2023) | $51,905 | |
Total Household Expenditures | $282,213,760,273 | |
Total Retail Expenditures | $130,634,952,009 | |
Average Household Income (2023) | $131,989 | |
Average Household Income (2028) | $143,716 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
New York City is an excellent location for business, especially in the food services industry. The potential is showcased when analyzing the data on limited-service restaurants, which indicates potential sales reaching $4.68 billion against actual sales of $4.35 billion. When you factor in the population of 8.38 million people, and the fact that 25.2% of the population work remotely, franchisees could see a high demand for new food offerings, especially for those offering home delivery services.
Read MoreFor pet lovers, pet supply stores in New York City have a particularly high potential sales of $1.03 billion in 2024. With a dense population of 17,750 people per square mile, pet supply franchises can expect to find a ready market in NYC. If animals aren’t your thing, 51.6% of households in the city do not own a vehicle, showcasing a niche for retail franchises accessible by foot, near subway stations or those that provide delivery options. Whether you’re interested in tech, clothing or ecommerce, the perfect retail franchise can be found right here at Franchise Gator.
The demographic and housing data of New York City also points towards franchises that provide cleaning, as well as many types of home services franchises. With a very high number of renter-occupied units (69.4%), paired with a total of 3.28 million households, New York City is a prime spot for franchisees specializing in cleaning services or home maintenance. Due to the high number of apartments and condos in the city, a franchise targeting this customer base, with services such as apartment cleanings or condo furnishings, could find success quickly in the Big Apple.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: