Franchises for Sale in Red Wing, Minnesota
Red Wing, Minnesota Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 2 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 3 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 7 |  | Aire Serv | Home Services & Repair Franchises | $50,000 | |
| 8 |  | Mr. Electric | Home Services & Repair Franchises | $65,000 | |
| 9 |  | Poolwerx | Home Services & Repair Franchises | $80,000 | |
| 10 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 |
To gain comprehensive insights into Red Wing, Minnesota, 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.
| Red Wing, Minnesota Demographic Insights | ||
| Households (2024) | 7,257 | |
| Households (2029) | 7,092 | |
| Population (2024) | 16,487 | |
| Population (2029) | 16,196 | |
| Per capita Income (2024) | $41,814 | |
| Total Household Expenditures | $647,031,570 | |
| Total Retail Expenditures | $334,953,596 | |
| Average Household Income (2024) | $94,628 | |
| Average Household Income (2029) | $98,448 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Could Red Wing Be the Perfect Spot for Your Franchise?
- Is Red Wing a financially stable market for a franchise?
- How big is the customer base in Red Wing?
- What's the spending potential of Red Wing?
- Is there a workforce to support franchise operations?
- What about the financial stability of the community?
- How stable is the housing market in Red Wing?
- Why should I consider a franchise in Red Wing?
Is Red Wing a financially stable market for a franchise?
With a median household income of $65,747 and 4,957 owner-occupied homes, Red Wing reflects a community with stable earning potential and long-term investment in the area. Local spending habits, totaling $647.03 million annually, highlight consistent demand for goods and services.
How big is the customer base in Red Wing?
Red Wing has 16,487 residents and 7,257 households, providing a solid customer base. With fewer competing businesses, franchises have greater opportunities to build strong brand loyalty and establish a trusted presence in the community.
What's the spending potential of Red Wing?
Residents contribute $647.03 million annually in household expenditures. This suggests an opportunity to serve unmet needs or provide unique offerings tailored to the community.
Is there a workforce to support franchise operations?
Yes! Red Wing has 4,072 employed individuals, providing a dependable labor pool. With a strong sense of community and fewer competing employers, businesses often benefit from higher employee retention and a committed workforce.
What about the financial stability of the community?
With a median household income of $65,747, Red Wing offers a cost-effective market where franchises can succeed by offering affordable, value-driven options.
How stable is the housing market in Red Wing?
With 4,957 owner-occupied homes, Red Wing reflects a community invested in local growth, offering fertile ground for franchises that prioritize local engagement.
Why should I consider a franchise in Red Wing?
While the market is smaller, fewer competitors, lower operating costs, and strong community ties make Red Wing an ideal location for businesses offering essential services or niche products.
Explore the franchise listings below and take the first step towards a rewarding business venture.
At Franchise Gator, we prioritize transparency and objectivity to empower your franchise decisions. Unlike brokers or franchisors, our motivations are unclouded by financial incentives tied to your choices. We don't earn based on the franchise you opt for, instead, our mission is to present you with impartial insights. Navigate through a realm of franchising opportunities with information you can trust.
Most Popular Industries & Categories
As of February 22, 2025: