Franchises for Sale in Syracuse, New York
Syracuse, New York Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | SiteSwan Website Builder | Business Opportunities | $149 | ||
2 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
3 | Batteries Plus | Retail Franchises | $100,000 | ||
4 | The Learning Experience | Education | $150,000 | ||
5 | Apricot Lane | Retail Franchises | $80,000 | ||
6 | Automated Investments | Business Opportunities | $100,000 | ||
7 | Zoomin Groomin | Pet | $90,000 | ||
8 | Dickey's Barbecue Pit | Food | $100,000 | ||
9 | Always Faithful Dog Training | Pet Franchises | $50,000 | ||
10 | My Business Venture | Computer & Internet Franchises | $10,000 |
To gain comprehensive insights into Syracuse, New York, 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.
Syracuse, New York Demographic Insights | ||
Households (2023) | 57,785 | |
Households (2028) | 53,557 | |
Population (2023) | 146,542 | |
Population (2028) | 133,620 | |
Per capita Income (2023) | $29,358 | |
Total Household Expenditures | $3,213,156,883 | |
Total Retail Expenditures | $1,509,423,365 | |
Average Household Income (2023) | $72,933 | |
Average Household Income (2028) | $86,628 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Syracuse’s annual consumer expenditure on food and beverages totals $477.01 million, which is a substantial market to tap into. A franchise in the food sector could thrive here, especially considering 14.8% of the monthly household expenditure is dedicated to food and beverages. Given the average household income of $72,933, there is a consumer base with disposable income for dining experiences.
Read MoreThe Syracuse market is also primed for home service franchises, evidenced by the 32,273 owner-occupied housing units and a median home value of $153,975. The significant market gap in building materials, garden equipment, and supplies dealers—with actual sales of $80.57 million surpassing potential sales of $53.46 million—highlights homeowners' commitment to investing in their properties. Franchises that offer home improvement services, such as landscaping or renovation, could leverage this market gap into business growth.
Syracuse’s economy shows potential for business services franchises, with a total of 4,725 businesses and 71,108 employees. Given the presence of 216 company headquarter businesses and a substantial white-collar workforce of 40,134 workers, there's a definite demand for services that support business operations.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: