Franchises for Sale in Petersburg, Virginia
Petersburg, Virginia Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Batteries Plus | Retail Franchises | $100,000 | ||
2 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
3 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
4 | Apricot Lane | Retail Franchises | $80,000 | ||
5 | Zoomin Groomin | Pet | $90,000 | ||
6 | Automated Investments | Business Opportunities | $100,000 | ||
7 | SiteSwan Website Builder | Business Opportunities | $149 | ||
8 | Blue Moon Estate Sales | Retail Franchises | $60,000 | ||
9 | PJ's Coffee of New Orleans | Food Franchises | $150,000 | ||
10 | Dickey's Barbecue Pit | Food | $100,000 |
To gain comprehensive insights into Petersburg, Virginia, 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.
Petersburg, Virginia Demographic Insights | ||
Households (2023) | 14,646 | |
Households (2028) | 14,490 | |
Population (2023) | 33,575 | |
Population (2028) | 35,211 | |
Per capita Income (2023) | $30,581 | |
Total Household Expenditures | $798,559,969 | |
Total Retail Expenditures | $375,190,829 | |
Average Household Income (2023) | $69,689 | |
Average Household Income (2028) | $76,125 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
In Petersburg, the automotive industry is ripe for potential franchise opportunities. With an estimated 19,363 vehicles in the city and 82.3% of households owning at least one vehicle, the demand for automotive repair and maintenance services is substantial. The average of 1.3 vehicles per household underscore the need for consistent automotive services such as repairs, oil changes, and tire rotations.
Read MoreThe cleaning services industry in Petersburg offers another promising avenue for franchising. About 64.7% of households in Petersburg are renter-occupied, which often correlates with a higher demand for professional cleaning services. The city's 81.1% occupancy rate of housing units further suggests a stable client base for cleaning services. Investing in a cleaning services franchise could effectively meet the growing needs of busy residents and local businesses.
The food and beverage sector in Petersburg is another area with significant growth potential. The gap report shows a disparity between potential sales of $62.88 million and actual sales of $40.67 million. Grocery stores, in particular, show potential sales of $56.14 million against actual sales of $33.5 million, highlighting a substantial unmet demand. This gap indicates a lucrative opportunity for new food and beverage franchises to enter the market and provide essential grocery and specialty food services. By meeting the demand for diverse and high-quality food options, new franchises can cater to the city's needs and achieve significant business success.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: