Franchises for Sale in Raleigh, North Carolina
Raleigh, North Carolina Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | Wealth Automators | Computer & Internet Franchises | $60,000 | |
2 | ![]() | Building Kidz School | Child Related Franchises | $200,000 | |
3 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
4 | ![]() | The Back Nine Golf | Sports & Recreation | $60,000 | |
5 | ![]() | SiteSwan Website Builder | Business Opportunities | $199 | |
6 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 | |
7 | ![]() | Zoomin Groomin | Pet | $90,000 | |
8 | ![]() | E-Commerce Future USA | Computer & Internet | $30,000 | |
9 | ![]() | N Zone Sports | Child Related Franchises | $50,000 | |
10 | ![]() | Maid Right | Cleaning & Maintenance | $50,000 |
To gain comprehensive insights into Raleigh, North Carolina, 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.
Raleigh, North Carolina Demographic Insights | ||
Households (2024) | 210,566 | |
Households (2029) | 228,014 | |
Population (2024) | 475,960 | |
Population (2029) | 509,486 | |
Per capita Income (2024) | $58,143 | |
Total Household Expenditures | $23,691,762,612 | |
Total Retail Expenditures | $11,221,005,880 | |
Average Household Income (2024) | $131,114 | |
Average Household Income (2029) | $136,592 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Raleigh is home to a growing population, currently at 473,221, with a projected increase of approximately 23,389 residents by 2028. The average household income stands at $122,022 and the average net worth is a substantial $643,484, providing a solid economic base for the franchise industry.
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The food industry in Raleigh has a discernible opportunity, with a total annual consumer expenditure on food and beverages at $2.39 billion. Additionally, the gap report shows potential sales in grocery stores at $981.26 million, notably higher than actual sales of $683.38 million. This suggests room for new players in the market, particularly for franchises that can offer unique food experiences.
Raleigh's housing market is robust, with 57.9% of homes being owner-occupied and a median home value of $368,531. The home centers segment alone shows potential sales at $199.47 million compared to actual sales of $158.31 million, highlighting a demand for home improvement and maintenance services that franchises could fulfill.
There is a notable healthcare consumer expenditure of $1.34 billion annually in Raleigh, coupled with a reported gap in cosmetics and beauty store sales ($13.54 million potential vs. $6.12 million actual). These figures suggest a market for healthcare franchises, which could be particularly profitable given the city's affluent demographics.
Raleigh has a thriving local economy, supported by 0 employed individuals contributing to business growth and consumer demand. The median household income of $0 reflects steady earning potential, allowing residents to invest in goods, services, and local businesses. Additionally, with 0 owner-occupied homes, Raleigh demonstrates strong residential stability and long-term community engagement.
Residents collectively contribute $23.69 billion in annual household expenditures, showcasing high demand for goods and services. With a population of 475,960 and 210,566 households, Raleigh provides a large and diverse customer base that supports businesses across various industries.
For franchise owners looking for scalability, a strong workforce, and broad consumer reach, Raleigh presents an exceptional business environment with ample growth opportunities.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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