Retail Franchises

Retail Franchises For Sale Currently Available:

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My Business Venture

My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,500 you want to feature on your website! MBV’s 10% Price Guarantee on…

10k Minimum Cash Required

Poolwerx

Backed by a global brand, Poolwerx partners can tap into the $7 billion swimming pool industry with multiple revenue streams including chemical, equipment, and retail sales plus year-round revenue from residential and…

80k Minimum Cash Required

Why Buy a Retail Business?

The global retail market is expected to reach $30 trillion, underscoring the industry's growth potential.
In the U.S., total retail spending is projected at $4.86 trillion in 2024, with significant expenditures in food and beverages ($1.51 trillion), transportation ($1.87 trillion), and health care ($858.53 billion).
The average monthly household expenditure is $6,582, with 46.9% ($3,086) spent on retail purchases.
Market gaps show opportunities in segments like men's clothing ($8.01 billion potential vs. $7.63 billion actual) and sporting goods ($47.61 billion potential vs. $45.6 billion actual).
Retail franchises provide franchisees with a proven business model, covering both physical stores and e-commerce.

Purchasing a retail franchise in 2024 remains a strong path to entrepreneurship, offering a turnkey operation with a recognized brand and proven business model. The retail franchise sector has grown to over 150,000 locations in the U.S., generating $150 billion in annual sales. As the economy adapts post-pandemic, consumer spending continues to rise, making it a great time to enter the retail space. Franchisees benefit from established customer loyalty, streamlined operations, and economies of scale. Additionally, ongoing support from franchisors and a network of franchisees helps reduce many of the risks associated with startups.

Franchise Resources

Retail is one of the most popular industries in franchising for good reason. The global retail market is expected to reach $30 trillion in 2024, highlighting retail as one of the most exciting industries in franchising today. Whether you’re interested in clothing, technology, furniture, or something more, there’s a retail franchise perfectly suited to your needs listed below.

Market Data and Statistics for the United States

The retail industry in the United States is massive and growing. Here are some 2024 U.S. retail statistics from SitesUSA:

Estimated Total Annual Consumer Expenditure (2024): $10.37 trillion
Estimated Total Retail Expenditure: $4.86 trillion

Key Retail Segments and Spending Trends

In the U.S., several retail segments dominate consumer spending, showcasing the diversity within the retail market. Here’s a closer look at key spending categories:

Apparel: $369.12 billion
Food and Beverages: $1.51 trillion
Health Care: $858.53 billion
Entertainment: $596.11 billion
Transportation: $1.87 trillion

These categories represent major consumer demands that retail franchises can capitalize on, especially those offering specialized products or services.

Monthly Household Retail Expenditures

Monthly spending insights further highlight where U.S. households allocate their retail budgets. Key categories include:

Food and Beverages: $956 (14.5% of monthly household budget)
Transportation: $1,184 (18.0%)
Shelter: $1,389 (21.1%)

Understanding these spending habits can guide potential franchisees in selecting the right retail franchise to align with consumer needs.

Analyzing Retail Franchise Market Gaps

To identify opportunities within the retail sector, let’s examine some market gaps based on 2024 data from SitesUSA.

Clothing and Accessories

The clothing and accessories sector shows clear market potential, especially in specific categories:

Men’s Clothing: Potential annual sales of $8.01 billion, compared to actual sales of $7.63 billion.
Women’s Clothing: $34.63 billion potential vs. $33.01 billion actual.
Children’s Clothing: $14.57 billion potential vs. $13.89 billion actual.

Food and Beverage

Food and beverage also represent substantial market opportunities. Notably:

Grocery Stores: Potential sales of $620.68 billion, exceeding actual sales of $613.84 billion.
Convenience Stores: Potential of $23.99 billion vs. $23.73 billion in actual sales.
Meat Markets: $7.05 billion potential, compared to $6.98 billion actual.

Sporting Goods, Hobby, and Book Stores

For niche retail categories, there are additional growth areas:

Sporting Goods Stores: $47.61 billion potential vs. $45.6 billion actual.
Hobby, Toy, and Game Stores: $13.3 billion potential compared to $12.73 billion actual.
Book Stores: $17.37 billion potential vs. $16.64 billion actual.

These statistics point to untapped market potential within specialized retail franchises, providing avenues for franchisees to capture unmet consumer demand.

Did You Know?

Since Covid-19, 88% of the retail organizations have encouraged employees to work from home

SOURCE:
SOURCE: Riverbed
Retail sales in the US surged a total of 30.7% in the first four months of 2020

SOURCE:
SOURCE: Trading Economy
Operational planning for online fashion retail is currently underway at a high percentage

SOURCE:
SOURCE: Just-Style
In 2019, the estimated economic output of US franchise establishments was 787.5 billion US dollars

SOURCE:
SOURCE: Statista

Retail Franchises