Franchises for Sale in Washington, District of Columbia
Washington, District of Columbia Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
2 | ![]() | The Back Nine Golf | Sports & Recreation | $60,000 | |
3 | ![]() | Wealth Automators | Computer & Internet Franchises | $60,000 | |
4 | ![]() | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
5 | ![]() | SiteSwan Website Builder | Business Opportunities | $199 | |
6 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 | |
7 | ![]() | Zoomin Groomin | Pet | $90,000 | |
8 | ![]() | N Zone Sports | Child Related Franchises | $50,000 | |
9 | ![]() | American Business Systems | Business Services | $30,000 | |
10 | ![]() | E-Commerce Future USA | Computer & Internet | $30,000 |
To gain comprehensive insights into Washington, District of Columbia, 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.
Washington, District of Columbia Demographic Insights | ||
Households (2024) | 310,066 | |
Households (2029) | 326,364 | |
Population (2024) | 682,425 | |
Population (2029) | 724,222 | |
Per capita Income (2024) | $77,873 | |
Total Household Expenditures | $36,921,729,082 | |
Total Retail Expenditures | $15,975,840,584 | |
Average Household Income (2024) | $170,474 | |
Average Household Income (2029) | $179,341 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The robust food and beverage sector in Washington, D.C., with an annual consumer expenditure of approximately $4.76 billion, indicates a thriving market for dining out. Given the substantial average household income of $178,758 and a median household income of $109,687, there's a significant segment of the population with disposable income to spend on food services. Franchises offering a variety of dining experiences, from fast-casual to fine dining, can capitalize on this spending power. Furthermore, the gap report reveals an untapped potential in limited service restaurants, showing potential sales of $554.16 million against actual sales of $318.44 million, suggesting an opportunity for franchises that cater to the 44.9% of households that are single-person, who may favor quick and convenient meal options.
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Reflecting the city's focus on health and wellness, D.C.'s annual health care expenditure stands at $2.6 billion. The high average household net worth of $958,665 suggests a market for premium healthcare services that cater to an affluent clientele, including in-home healthcare or senior care services.
With a high percentage of renter-occupied housing units (60.4%) and a significant portion of the workforce (48.3%) working from home, there is likely an increased demand for residential cleaning services. Franchises offering cleaning services, particularly those that provide flexible scheduling to accommodate the large number of home workers, could find a receptive market in Washington, D.C.
Could Washington Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Washington?
- How many people could my franchise potentially reach?
- Is the workforce in Washington strong enough to support my franchise?
- Does Washington have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Washington a good location for a franchise?
What's the demand for goods and services like in Washington?
Residents in Washington spend $36.92 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 682,425 residents and 310,066 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Washington strong enough to support my franchise?
Yes! With 0 employed individuals, Washington offers a reliable labor market for hiring and business growth.
Does Washington have a financially stable community?
Indeed. The median household income in Washington is $0, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 0 owner-occupied homes, Washington showcases a stable and invested population with strong local ties.
Why is Washington a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Washington 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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