Franchises for Sale in Riverside, California
Riverside, California Franchise Opportunities (and Businesses for Sale)
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
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
Apricot Lane Boutique is 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…
80k 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
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k 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
To gain comprehensive insights into Riverside, California, 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.
| Riverside, California Demographic Insights | ||
| Households (2023) | 95,162 | |
| Households (2028) | 98,861 | |
| Population (2023) | 314,935 | |
| Population (2028) | 323,621 | |
| Per capita Income (2023) | $35,989 | |
| Total Household Expenditures | $7,530,242,335 | |
| Total Retail Expenditures | $3,550,597,947 | |
| Average Household Income (2023) | $117,982 | |
| Average Household Income (2028) | $122,599 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
With a homeownership rate of 62.5% and a significant portion of the homes being older (median age of homes at 46.7 years), there's an ongoing need for maintenance and upgrades in Riverside, California. The home services industry in Riverside could therefore see a rise in demand for renovation, landscaping, and eco-friendly home solutions. The high owner-occupied median home value of $461,798 signals a market that values property and is likely to invest in home upkeep.
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The data shows that Riverside has a high number of households with vehicles (over 207,026 vehicles available) and an average of 2.2 vehicles per household. With most workers commuting by car (73.8% drive to work alone), there is a substantial market for automotive services. Franchises offering vehicle maintenance, repair services, and eco-friendly car care solutions could find significant opportunities in Riverside's automotive sector.
The retail sector in Riverside is robust, with an annual consumer expenditure of $3.55 billion. The gap report highlights specific opportunities in men's clothing stores and jewelry stores, where potential sales exceed actual sales by 57% and 47%, respectively. Franchises that can tap into these market gaps in Riverside are poised for success.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: