Tampa, Florida Franchise Market Analysis
To gain comprehensive insights into Tampa, Florida, 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.
Tampa, Florida Demographic Insights | ||
Households (2023) | 164,425 | |
Households (2028) | 178,397 | |
Population (2023) | 397,890 | |
Population (2028) | 428,139 | |
Per capita Income (2023) | $50,100 | |
Total Household Expenditures | $13,152,023,611 | |
Total Retail Expenditures | $6,146,463,003 | |
Average Household Income (2023) | $120,668 | |
Average Household Income (2028) | $119,996 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The health and fitness industry in Tampa benefits from a notable percentage of remote workers (24.0%) and an average household income of $120,668, indicating opportunity for premium wellness services. Franchises that cater to health-conscious consumers with disposable income have a promising outlook, especially if they offer personalized, innovative fitness solutions for remote workers.
Read MoreWith Tampa’s housing units being 94.6% occupied and the city's median home value standing at $343,035, the home services industry is poised for growth. The retail gap report highlights a demand in building materials and garden equipment, with potential sales ($335.91M) exceeding actual sales ($325.44M), underscoring an opportunity for franchises in home improvement.
Tampa's food industry is particularly vibrant, with an annual expenditure of $1.91 billion on food and beverages. Specialty food markets, such as meat markets, show potential sales of $8.93 million against actual sales of $4.19 million, revealing a significant market gap. Food franchises that can offer specialized products or align with Tampa's diverse culinary tastes have a clear opportunity to capitalize on these unmet needs.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Tampa, Florida Franchise Opportunities (and Businesses for Sale)
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…
30k Minimum Cash Required
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k Minimum Cash Required
My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on…
3,995 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
Crave is searching for franchise partners in the U.S. We are one of the fastest-growing Hot Dog franchises, winner of best southern BBQ, and expanding rapidly. If you want to own your own business and be your own boss, look…
70k 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
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As of May 15, 2024: