Franchises for Sale in Toledo, Ohio
Toledo, Ohio Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 2 |  | Zoomin Groomin | Pet | $90,000 | |
| 3 |  | Automated Investments | Business Opportunities | $100,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 6 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 7 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 8 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 9 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 | |
| 10 |  | Poolwerx | Home Services & Repair Franchises | $80,000 |
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 (2024) | 119,235 | |
| Households (2029) | 115,531 | |
| Population (2024) | 270,709 | |
| Population (2029) | 262,678 | |
| Per capita Income (2024) | $28,639 | |
| Total Household Expenditures | $8,826,695,784 | |
| Total Retail Expenditures | $4,675,678,092 | |
| Average Household Income (2024) | $64,581 | |
| Average Household Income (2029) | $65,668 | |
| 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.
Could Toledo Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Toledo?
- How many people could my franchise potentially reach?
- Is the workforce in Toledo strong enough to support my franchise?
- Does Toledo have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Toledo a good location for a franchise?
What's the demand for goods and services like in Toledo?
Residents in Toledo spend $8.83 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 270,709 residents and 119,235 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Toledo strong enough to support my franchise?
Yes! With 64,257 employed individuals, Toledo offers a reliable labor market for hiring and business growth.
Does Toledo have a financially stable community?
Indeed. The median household income in Toledo is $47,012, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 60,799 owner-occupied homes, Toledo showcases a stable and invested population with strong local ties.
Why is Toledo a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Toledo offers a high-potential market for franchise growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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