Franchises for Sale in Providence, Rhode Island
Providence, Rhode Island Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | Zoomin Groomin | Pet | $90,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 6 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 7 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 8 |  | Window Genie | Home Services & Repair Franchises | $50,000 | |
| 9 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 10 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 |
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 (2024) | 73,984 | |
| Households (2029) | 77,855 | |
| Population (2024) | 196,103 | |
| Population (2029) | 204,032 | |
| Per capita Income (2024) | $38,798 | |
| Total Household Expenditures | $6,998,220,544 | |
| Total Retail Expenditures | $3,357,245,952 | |
| Average Household Income (2024) | $101,292 | |
| Average Household Income (2029) | $105,536 | |
| 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.
With a population of 196,103 and 73,984 households, Providence offers a close-knit customer base where businesses can build strong local connections. Annual household expenditures total $7 billion, highlighting steady consumer demand. With fewer businesses competing for attention, franchises have a greater opportunity to establish themselves as go-to providers in the area.
The local workforce includes 53,051 employed individuals, creating a steady hiring pool for businesses looking to attract and retain talent. Housing stability is reflected in 24,304 owner-occupied homes, demonstrating long-term community investment and a strong local presence.
For franchises focused on essential services, value-driven products, or niche offerings, Providence provides an opportunity to build lasting customer relationships and stand out in a market with fewer direct competitors.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of February 22, 2025: