Franchises for Sale in Salt Lake City, Utah
Salt Lake City, Utah Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 2 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 3 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 4 |  | Zoomin Groomin | Pet | $90,000 | |
| 5 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 6 |  | Automated Investments | Business Opportunities | $100,000 | |
| 7 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 | |
| 8 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 9 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 10 |  | Poolwerx | Home Services & Repair Franchises | $80,000 |
To gain comprehensive insights into Salt Lake City, Utah, 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.
| Salt Lake City, Utah Demographic Insights | ||
| Households (2024) | 103,002 | |
| Households (2029) | 116,652 | |
| Population (2024) | 230,193 | |
| Population (2029) | 256,151 | |
| Per capita Income (2024) | $53,666 | |
| Total Household Expenditures | $10,658,382,150 | |
| Total Retail Expenditures | $5,088,178,602 | |
| Average Household Income (2024) | $119,090 | |
| Average Household Income (2029) | $122,027 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The demographic data of Salt Lake City highlights an affluent population with a median household income of $77,324 and an average household income of $113,847. This financial capability, combined with a reported gap in health and personal care stores ($122.83 million potential vs. $66.76 million actual sales), suggests a strong market for franchises specializing in healthcare, wellness, and senior care services.
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With the growth in households (a projected annual growth of 2.7% from 2023-2028) and a considerable gap in the building material and garden equipment sector ($188.62 million potential vs. $138.85 million actual sales), there is a substantial opportunity in Salt Lake for franchises offering home improvement, gardening, and landscaping services.
With pet and pet supply stores showing a sales gap ($27.37 million potential vs. $12.46 million actual sales), and given the presence of high-income households that likely include pet owners, franchises in pet care, grooming, and supplies could also find a receptive market in Salt Lake City.
Salt Lake City's thriving corporate ecosystem, comprising 11,419 total businesses, presents a ripe market for business services franchises. With a substantial portion of the city's workforce engaged in white-collar jobs (67.7%) and a notable number of residents working from home (24.6%), there is a clear demand for services that improve operational efficiencies. Business service franchises that specialize in consulting, marketing, staffing, and customer service could find a receptive audience among the local businesses seeking to optimize their operations. Additionally, franchises offering support for remote work infrastructure and virtual business solutions could capitalize on the evolving work habits in the city.
Could Salt Lake City Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Salt Lake City?
- How many people could my franchise potentially reach?
- Is the workforce in Salt Lake City strong enough to support my franchise?
- Does Salt Lake City have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Salt Lake City a good location for a franchise?
What's the demand for goods and services like in Salt Lake City?
Residents in Salt Lake City spend $10.66 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 230,193 residents and 103,002 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Salt Lake City strong enough to support my franchise?
Yes! With 78,213 employed individuals, Salt Lake City offers a reliable labor market for hiring and business growth.
Does Salt Lake City have a financially stable community?
Indeed. The median household income in Salt Lake City is $81,368, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 45,611 owner-occupied homes, Salt Lake City showcases a stable and invested population with strong local ties.
Why is Salt Lake City a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Salt Lake City offers a high-potential market for franchise growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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