Franchises for Sale in Springfield, Missouri
Springfield, Missouri Franchise Opportunities (and Businesses for Sale)
Own a business that provides you the opportunity to help veterans, seniors, the disabled, caregivers, and others in your community. Keep them mobile by offering mobility products and equipment. Join Mobility Plus and start…
50k 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
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
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
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
30k Minimum Cash Required
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 (2023) | 76,184 | |
| Households (2028) | 76,457 | |
| Population (2023) | 170,164 | |
| Population (2028) | 172,391 | |
| Per capita Income (2023) | $34,230 | |
| Total Household Expenditures | $4,363,546,019 | |
| Total Retail Expenditures | $2,051,814,914 | |
| Average Household Income (2023) | $75,643 | |
| Average Household Income (2028) | $81,574 | |
| 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.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: