Franchises for Sale in Providence, Rhode Island
Providence, Rhode Island Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 2 |  | SiteSwan Website Builder | Business Opportunities | $149 | |
| 3 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 4 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 7 |  | Zoomin Groomin | Pet | $90,000 | |
| 8 |  | Always Faithful Dog Training | Pet Franchises | $50,000 | |
| 9 |  | Mathnasium Learning Centers | Education Franchises | $100,000 | |
| 10 |  | My Business Venture | Computer & Internet Franchises | $10,000 |
To gain comprehensive insights into Providence, Rhode Island, 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.
| Providence, Rhode Island Demographic Insights | ||
| Households (2023) | 70,374 | |
| Households (2028) | 68,968 | |
| Population (2023) | 185,827 | |
| Population (2028) | 182,610 | |
| Per capita Income (2023) | $39,085 | |
| Total Household Expenditures | $4,958,732,197 | |
| Total Retail Expenditures | $2,319,997,138 | |
| Average Household Income (2023) | $101,579 | |
| Average Household Income (2028) | $113,388 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The food industry in Providence benefits from the city's rich cultural diversity and vibrant dining scene. With a projected consumer expenditure of around $722 million on food and beverages in 2024, there is significant consumer demand for diverse culinary options. Fast food, casual dining, and specialty food franchises can thrive in this environment.
Read MoreProvidence's housing market includes a mix of historic and modern homes, with a median home value of $363,522 as of 2024. Franchises in the home services industry can benefit from a ready market of homeowners seeking reliable and professional home services.
The automotive sector in Providence shows substantial potential, with notable gaps in several sub-sectors. New car dealers, for instance, have potential sales of $341.91 million but actual sales of only $121.96 million. Similarly, the potential for tire dealers is $18.69 million compared to actual sales of $9.2 million. This indicates a strong market for automotive services, including car dealerships, auto parts, and repair services. Given the high number of households with vehicles, averaging 1.3 vehicles per household, and the substantial gap in sales, automotive franchises can find lucrative opportunities in Providence.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: