Franchises for Sale in Tacoma, Washington
Tacoma, Washington Franchise Opportunities (and Businesses for Sale)
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
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
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
Start a Medical & Dental Billing and Practice Management Business – Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! Healthcare is the growth industry of the 21st century! Read more…
20k Minimum Cash Required
The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win…
80k Minimum Cash Required
Own an Essential B2B Printing & Marketing Franchise. Be part of the modern printing industry. Own a franchise that can provide anything you can put a name, image, or logo on. Apparel, Promotional Products, Signs & Banners &…
50k Minimum Cash Required
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 November 22, 2024: