Franchises for Sale in Springfield, Missouri
Springfield, Missouri Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | Zoomin Groomin | Pet | $90,000 | |
2 | ![]() | Proper Ecom | Business Opportunities | $50,000 | |
3 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
4 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
5 | ![]() | The UPS Store | Printing Packing & Shipping | $75,000 | |
6 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
7 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 | |
8 | ![]() | Village Idiot Pizza | Food Franchises | $250,000 | |
9 | ![]() | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
10 | ![]() | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 |
To gain comprehensive insights into Springfield, Missouri, 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.
Springfield, Missouri Demographic Insights | ||
Households (2024) | 77,999 | |
Households (2029) | 78,812 | |
Population (2024) | 172,106 | |
Population (2029) | 170,266 | |
Per capita Income (2024) | $32,029 | |
Total Household Expenditures | $5,880,048,348 | |
Total Retail Expenditures | $3,048,789,564 | |
Average Household Income (2024) | $70,236 | |
Average Household Income (2029) | $71,996 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Springfield's food industry presents a significant opportunity for potential franchisees. With an estimated population of 173,271 in 2024, the city's total annual consumer expenditure is substantial at $4.64 billion, with food and beverages accounting for $686.31 million of this expenditure. Notably, the gap report reveals a strong potential for grocery stores. Grocery stores show potential sales of $288.77 million against actual sales of $113.13 million, indicating a 61% gap in Springfield, MO.
Read MoreWith 78,757 estimated households in Springfield, MO in 2024, there is a consistent demand for home improvement and repair services. Notably, 48.1% of housing units were built before 1980, highlighting the ongoing need for maintenance and upgrades. The city's average household income of $71,038 and the total annual expenditure on household operations amounting to $180.2 million indicate strong financial capacity among residents to invest in home services. Franchise opportunities in this sector, such as plumbing, electrical services, and home cleaning, are well-positioned for success.
Springfield's business services sector is another promising area for franchise investment. The city hosts nearly 10,000 businesses, employing over 117,000 individuals, indicating a substantial demand for professional services such as accounting, marketing, IT support, and business consulting. Entrepreneurs entering this sector can provide essential support to Springfield's business community, ensuring steady demand and robust opportunities for growth.
Could Springfield Be the Perfect Spot for Your Franchise?
- Is Springfield a financially stable market for a franchise?
- How big is the customer base in Springfield?
- What's the spending potential of Springfield?
- Is there a workforce to support franchise operations?
- What about the financial stability of the community?
- How stable is the housing market in Springfield?
- Why should I consider a franchise in Springfield?
Is Springfield a financially stable market for a franchise?
With a median household income of $47,150 and 33,694 owner-occupied homes, Springfield reflects a community with stable earning potential and long-term investment in the area. Local spending habits, totaling $5.88 billion annually, highlight consistent demand for goods and services.
How big is the customer base in Springfield?
Springfield has 172,106 residents and 77,999 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 Springfield?
Residents contribute $5.88 billion 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! Springfield has 46,198 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 $47,150, Springfield offers a cost-effective market where franchises can succeed by offering affordable, value-driven options.
How stable is the housing market in Springfield?
With 33,694 owner-occupied homes, Springfield reflects a community invested in local growth, offering fertile ground for franchises that prioritize local engagement.
Why should I consider a franchise in Springfield?
While the market is smaller, fewer competitors, lower operating costs, and strong community ties make Springfield 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.
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As of February 22, 2025: