Franchises for Sale in Plano, Texas
Plano, Texas Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
2 | Ledgers | Business Services | $50,000 | ||
3 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
4 | Zoomin Groomin | Pet | $90,000 | ||
5 | Apricot Lane | Retail Franchises | $80,000 | ||
6 | Batteries Plus | Retail Franchises | $100,000 | ||
7 | Automated Investments | Business Opportunities | $100,000 | ||
8 | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | ||
9 | Dickey's Barbecue Pit | Food | $100,000 | ||
10 | Mathnasium Learning Centers | Education Franchises | $100,000 |
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.
Read MoreGiven 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 December 23, 2024: