Franchises for Sale in Virginia Beach, Virginia
Virginia Beach, Virginia Franchise Opportunities (and Businesses for Sale)
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
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
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
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
To gain comprehensive insights into Virginia Beach, Virginia, 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.
| Virginia Beach, Virginia Demographic Insights | ||
| Households (2023) | 181,570 | |
| Households (2028) | 180,533 | |
| Population (2023) | 458,089 | |
| Population (2028) | 446,028 | |
| Per capita Income (2023) | $52,507 | |
| Total Household Expenditures | $15,581,556,649 | |
| Total Retail Expenditures | $7,330,587,344 | |
| Average Household Income (2023) | $131,734 | |
| Average Household Income (2028) | $144,680 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The healthcare industry in Virginia Beach offers substantial potential for franchise growth, supported by the gap report indicating a significant unmet demand with potential sales for health and personal care stores at $259.61 million versus actual sales of $172.79 million. This underscores the community's resources to invest in health and wellness services, with an estimated average household income of $131,734 and an annual healthcare consumer expenditure at $1.28 billion.
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The home services industry in Virginia Beach stands out as well, with the gap report revealing potential sales in building material, garden equipment and supplies dealers at $400.99 million compared to actual sales of $206.74 million. Considering the median home value of $339,166 and over 13% of households earning over $200,000, there's a clear opportunity for franchises offering home improvement and maintenance services.
Finally, the education sector is set for success with Virginia Beach's significant investment in education, evidenced by the $511.68 million annual consumer expenditure. Franchises that offer educational services could thrive by targeting the substantial family population, fulfilling a critical need in the community for tutoring, test preparation, and continued education services.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: