Franchises for Sale in Tempe, Arizona
Tempe, Arizona Franchise Opportunities (and Businesses for Sale)
Ledgers offers tax, payroll, compliance, and business advisory services to owners of small businesses and individuals desiring a full-service provider through its franchised locations.
50k 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
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
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
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k 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
To gain comprehensive insights into Tempe, Arizona, 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.
| Tempe, Arizona Demographic Insights | ||
| Households (2023) | 78,691 | |
| Households (2028) | 83,670 | |
| Population (2023) | 179,191 | |
| Population (2028) | 188,303 | |
| Per capita Income (2023) | $47,337 | |
| Total Household Expenditures | $5,760,871,320 | |
| Total Retail Expenditures | $2,708,164,142 | |
| Average Household Income (2023) | $106,941 | |
| Average Household Income (2028) | $108,750 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The retail sector in Tempe, with its substantial annual consumer expenditure of $2.71B, presents fertile ground for franchises, especially in niche markets. For instance, jewelry stores in Tempe are a notable opportunity, with potential sales of $10.31M but actual sales reaching only $4.03M, indicating significant room for growth and a market demand that is currently underserved. Alongside the high annual spending in apparel at $204.92M, a retail franchise that offers specialized and high-value products like jewelry could capitalize on the discretionary income of its residents.
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The demand for home services in Tempe is underscored by the significant number of owner-occupied homes (44,996) and a median home value of $371,973, which suggests a market for franchises specializing in home renovation and maintenance. This is further supported by a high annual consumer expenditure in household operations at $227.76M.
The business services industry in Tempe is a prime area for growth, bolstered by a robust local economy with over 12,300 businesses and a workforce of approximately 136,570. With the city's businesses aiming to enhance efficiency and productivity, there's a significant market for services such as consulting, marketing, staffing, and IT support. Franchises offering innovative business solutions could tap into the disposable income that comes from an average household income of $106,941. Furthermore, a projected population increase suggests an expanding clientele, positioning the business services sector as a lucrative space for new and scalable franchise ventures in Tempe.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: