Franchises for Sale in Takoma Park, Maryland
Takoma Park, Maryland Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Automated Investments | Business Opportunities | $100,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 4 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 5 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 6 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 7 |  | Glass Doctor | Auto Franchises | $50,000 | |
| 8 |  | Window Genie | Home Services & Repair Franchises | $50,000 | |
| 9 |  | Dickey's Barbecue Pit | Food | $100,000 | |
| 10 |  | Modern Day Cannabis | Health & Fitness Franchises | $150,000 |
To gain comprehensive insights into Takoma Park, Maryland, 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.
| Takoma Park, Maryland Demographic Insights | ||
| Households (2024) | 6,834 | |
| Households (2029) | 6,836 | |
| Population (2024) | 17,317 | |
| Population (2029) | 17,633 | |
| Per capita Income (2024) | $62,356 | |
| Total Household Expenditures | $864,408,780 | |
| Total Retail Expenditures | $392,123,950 | |
| Average Household Income (2024) | $157,880 | |
| Average Household Income (2029) | $166,504 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Could Takoma Park Be the Perfect Spot for Your Franchise?
- Is Takoma Park a financially stable market for a franchise?
- How big is the customer base in Takoma Park?
- What's the spending potential of Takoma Park?
- Is there a workforce to support franchise operations?
- What about the financial stability of the community?
- How stable is the housing market in Takoma Park?
- Why should I consider a franchise in Takoma Park?
Is Takoma Park a financially stable market for a franchise?
With a median household income of $105,010 and 3,662 owner-occupied homes, Takoma Park reflects a community with stable earning potential and long-term investment in the area. Local spending habits, totaling $864.41 million annually, highlight consistent demand for goods and services.
How big is the customer base in Takoma Park?
Takoma Park has 17,317 residents and 6,834 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 Takoma Park?
Residents contribute $864.41 million 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! Takoma Park has 4,762 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 $105,010, Takoma Park offers a cost-effective market where franchises can succeed by offering affordable, value-driven options.
How stable is the housing market in Takoma Park?
With 3,662 owner-occupied homes, Takoma Park reflects a community invested in local growth, offering fertile ground for franchises that prioritize local engagement.
Why should I consider a franchise in Takoma Park?
While the market is smaller, fewer competitors, lower operating costs, and strong community ties make Takoma Park 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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