Franchises for Sale in Salt Lake City, Utah
Salt Lake City, Utah Franchise Opportunities (and Businesses for Sale)
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
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
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
Ledgers offers tax, payroll, compliance, and business advisory services to owners of small businesses and individuals desiring a full-service provider through its franchised locations.
50k Minimum Cash Required
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
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 (2023) | 96,428 | |
| Households (2028) | 109,485 | |
| Population (2023) | 200,696 | |
| Population (2028) | 220,488 | |
| Per capita Income (2023) | $55,183 | |
| Total Household Expenditures | $7,360,500,632 | |
| Total Retail Expenditures | $3,450,356,803 | |
| Average Household Income (2023) | $113,847 | |
| Average Household Income (2028) | $108,374 | |
| 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.
Read More
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.
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 November 22, 2024:
Popular Cities in Utah
View All Cities in Utah »