Franchises for Sale in Toledo, Ohio
Toledo, Ohio Franchise Opportunities (and Businesses for Sale)
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
Own a business that provides you the opportunity to help veterans, seniors, the disabled, caregivers, and others in your community. Keep them mobile by offering mobility products and equipment. Join Mobility Plus and start…
50k 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
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
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
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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