Franchises for Sale in Toledo, Ohio
Toledo, Ohio Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Automated Investments | Business Opportunities | $100,000 | ||
2 | Ledgers | Business Services | $50,000 | ||
3 | Zoomin Groomin | Pet | $90,000 | ||
4 | Batteries Plus | Retail Franchises | $100,000 | ||
5 | The Learning Experience | Education | $150,000 | ||
6 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
7 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
8 | Apricot Lane | Retail Franchises | $80,000 | ||
9 | SiteSwan Website Builder | Business Opportunities | $149 | ||
10 | Mathnasium Learning Centers | Education Franchises | $100,000 |
To gain comprehensive insights into Toledo, Ohio, 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.
Toledo, Ohio Demographic Insights | ||
Households (2023) | 116,374 | |
Households (2028) | 112,845 | |
Population (2023) | 268,567 | |
Population (2028) | 258,829 | |
Per capita Income (2023) | $29,928 | |
Total Household Expenditures | $6,229,935,459 | |
Total Retail Expenditures | $2,937,933,782 | |
Average Household Income (2023) | $68,416 | |
Average Household Income (2028) | $76,343 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The food and beverage stores sector in Toledo presents a substantial opportunity for new franchises. With potential sales of $447.08 million compared to actual sales of $209.51 million, there's a notable gap indicating a strong demand for more grocery stores and specialty food markets. Grocery stores alone show a potential of $399.45 million versus actual sales of $176.08 million. New food franchises in this sector, including organic food stores, specialty groceries, and ethnic markets, can tap into this underserved market, meeting the community’s needs and driving significant business growth.
Read MoreToledo's deep-rooted automotive industry provides a strong foundation for automotive franchises. The city's tradition in automotive manufacturing and repair ensures a skilled workforce and a continuous demand for car-related services. In 2024, the city averages 1.5 vehicles per household, which underscores the need for maintenance and repair services. Additionally, the high number of owner-occupied households (50.9%) suggests a stable customer base for automotive franchises, such as repair shops, detailing services, and auto parts retailers.
Toledo’s real estate market and high homeownership rates highlight the need for reliable home services. The city has a substantial number of owner-occupied housing units (60,584), and the average household income is expected to rise to $68,952 by 2024. This provides a solid customer base for home service franchises, including home improvement, maintenance, and repair services. New franchises in plumbing, electrical work, landscaping, and other home services can expect a steady demand, driven by homeowners' continuous need for property upkeep and enhancement.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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