Franchises for Sale in Tacoma, Washington
Tacoma, Washington Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Automated Investments | Business Opportunities | $100,000 | ||
2 | SiteSwan Website Builder | Business Opportunities | $149 | ||
3 | Minuteman Press International | Printing, Copying, Shipping, Signs Franchises | $50,000 | ||
4 | Apricot Lane | Retail Franchises | $80,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
7 | Batteries Plus | Retail Franchises | $100,000 | ||
8 | Always Faithful Dog Training | Pet Franchises | $50,000 | ||
9 | Nekter Juice Bar | Food | $100,000 | ||
10 | Blue Moon Estate Sales | Retail Franchises | $60,000 |
To gain comprehensive insights into Tacoma, Washington, 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.
Tacoma, Washington Demographic Insights | ||
Households (2023) | 88,478 | |
Households (2028) | 86,818 | |
Population (2023) | 220,316 | |
Population (2028) | 216,888 | |
Per capita Income (2023) | $47,941 | |
Total Household Expenditures | $6,978,382,844 | |
Total Retail Expenditures | $3,282,635,550 | |
Average Household Income (2023) | $117,682 | |
Average Household Income (2028) | $131,365 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Tacoma’s automotive industry holds promising potential for growth, particularly for franchises focusing on repair, maintenance, and accessory services. The city's estimated population of 223,141 in 2024, growing to 228,446 by 2029, suggests a steady increase in demand for automotive services. With 65.4% of workers driving alone to work and an average of 1.7 vehicles per household, there is a substantial need for automotive maintenance and repair services. The gap report indicates that the sales potential for motor vehicle and parts dealers is $671.51 million, significantly higher than the current sales of $642.9 million. This disparity underscores a lucrative opportunity for new automotive franchises to tap into an underserved market in Tacoma.
Read MoreThe business services sector in Tacoma is ripe for franchise opportunities, supported by the city’s dynamic small business environment. Tacoma hosts 9,883 businesses employing 85,718 people. The city’s estimated average household income in 2024 is $118,137, up from $59,125 in 2010, indicating strong economic growth and increased spending power. As businesses expand, the demand for professional services will continue to rise.
Tacoma's food and beverage industry presents a vibrant opportunity for new franchises, driven by the city's growing population and strong consumer spending. In 2024, Tacoma residents are projected to spend approximately $488.76 million on food and beverages. Grocery stores alone account for $435.63 million of this expenditure, yet the gap report shows a potential sales figure of $409.03 million, indicating room for new entrants to capture more of the market. Specialty food markets, such as meat and seafood markets, show particularly strong potential, with significant gaps between actual and potential sales. For example, meat markets have potential sales of $4.96 million compared to current sales of just $552,230, highlighting a high demand for specialty food products. This substantial gap suggests that new food and beverage franchises, especially those offering niche or specialty products, can thrive in Tacoma by meeting the diverse culinary preferences and demands of its residents.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: