Franchises for Sale in Providence, Rhode Island
Providence, Rhode Island Franchise Opportunities (and Businesses for Sale)
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
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
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
The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win…
80k 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
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 November 22, 2024: