Franchises for Sale in Raleigh, North Carolina
Raleigh, North Carolina Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | Ledgers | Business Services | $50,000 | |
| 5 |  | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | |
| 6 |  | Apricot Lane | Retail Franchises | $80,000 | |
| 7 |  | Zoomin Groomin | Pet | $90,000 | |
| 8 |  | Dickey's Barbecue Pit | Food | $100,000 | |
| 9 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 10 |  | Mathnasium Learning Centers | Education Franchises | $100,000 |
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 (2023) | 203,885 | |
| Households (2028) | 216,307 | |
| Population (2023) | 473,221 | |
| Population (2028) | 496,610 | |
| Per capita Income (2023) | $52,901 | |
| Total Household Expenditures | $16,505,430,660 | |
| Total Retail Expenditures | $7,734,791,362 | |
| Average Household Income (2023) | $122,022 | |
| Average Household Income (2028) | $124,175 | |
| 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.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: