Franchises for Sale in Riverside, California
Riverside, California Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Apricot Lane | Retail Franchises | $80,000 | ||
2 | Batteries Plus | Retail Franchises | $100,000 | ||
3 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
4 | Automated Investments | Business Opportunities | $100,000 | ||
5 | Zoomin Groomin | Pet | $90,000 | ||
6 | SiteSwan Website Builder | Business Opportunities | $149 | ||
7 | Mathnasium Learning Centers | Education Franchises | $100,000 | ||
8 | Dickey's Barbecue Pit | Food | $100,000 | ||
9 | My Business Venture | Computer & Internet Franchises | $10,000 | ||
10 | Always Faithful Dog Training | Pet Franchises | $50,000 |
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.
Read MoreThe 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 December 23, 2024: