Franchises for Sale in Virginia Beach, Virginia
Virginia Beach, Virginia Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Zoomin Groomin | Pet | $90,000 | ||
2 | SiteSwan Website Builder | Business Opportunities | $149 | ||
3 | Automated Investments | Business Opportunities | $100,000 | ||
4 | Batteries Plus | Retail Franchises | $100,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
7 | Apricot Lane | Retail Franchises | $80,000 | ||
8 | My Business Venture | Computer & Internet Franchises | $10,000 | ||
9 | PJ's Coffee of New Orleans | Food Franchises | $150,000 | ||
10 | Dickey's Barbecue Pit | Food | $100,000 |
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.
Read MoreThe 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 December 23, 2024: