Franchises for Sale in Plano, Texas
Plano, Texas Franchise Opportunities (and Businesses for Sale)
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
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
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
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
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 Plano, Texas, 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.
| Plano, Texas Demographic Insights | ||
| Households (2023) | 113,795 | |
| Households (2028) | 129,240 | |
| Population (2023) | 291,827 | |
| Population (2028) | 323,951 | |
| Per capita Income (2023) | $63,231 | |
| Total Household Expenditures | $11,508,445,666 | |
| Total Retail Expenditures | $5,377,482,865 | |
| Average Household Income (2023) | $162,097 | |
| Average Household Income (2028) | $153,904 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Plano's Health and Fitness industry is ripe for development, with residents allocating a substantial portion of their household expenditure to health care, amounting to $913.21 million annually. The estimated per capita income is a healthy $63,231, and the median household income stands at an impressive $114,257 in Plano. These figures suggest that the community has the disposable income to support premium health and fitness services. Moreover, the stable economy reflected by the 2.9% unemployment rate may encourage discretionary spending on memberships and wellness services.
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Given the 113,795 households in Plano, there's a significant potential for pet ownership and subsequent spending on pet care and services. The high average household income further supports the likelihood of discretionary spending in this category. The gap report reveals that pet and pet supply stores have potential sales of $42.79 million against actual sales of $37.2 million, presenting an opportunity for businesses that provide a range of pet-related services, from grooming to specialty retail.
The reliance on vehicles in Plano is evident, with 42.4% of households owning 2 vehicles and 20% owning 3 or more. This dependency signals a steady need for automotive services such as maintenance, repair, and detailing. The potential for growth in this sector is underscored by the fact that auto parts and accessories stores have a potential sales figure of $64.61 million, higher than the actual sales of $45.47 million, indicating a gap in the market that an automotive franchise could fill.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: