Top Franchises in Montana (MT)
Franchise Opportunities in Montana
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
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
Ledgers offers tax, payroll, compliance, and business advisory services to owners of small businesses and individuals desiring a full-service provider through its franchised locations.
50k Minimum Cash Required
As a FranServe franchisee, earn money helping people buy a franchise. Work full or part time from a home office. Comprehensive training and support provided. Learn more about the costs, benefits, and available locations…
50k Minimum Cash Required
Apricot Lane Boutique is the #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable…
80k Minimum Cash Required
Most Popular Industries & Categories
As of November 26, 2024:
Popular Cities in Montana
Facts About Montana
| Capital: | Helena |
| Year of Statehood: | 1864 |
| Largest Cities: | Billings, Great Falls |
| Motto: | Gold and silver. |
| Nickname: | Big Sky Country |
Franchising Economic Indicators in Montana
- Montana added 20,900 jobs in 2022, marking the most substantial job growth in a single year in the state's history. (source)
- The state ranked 8th among US states for employment growth, with a 3.9% increase in jobs in 2022. (source)
- Montana's real Gross Domestic Product (GDP) growth rate in the first quarter of 2023 was 6.0% per year. (source)
- Personal income in Montana grew by 3.1% in 2022, ranking the state 19th in the nation for the fastest personal income growth. (source)
Here are the best franchises for sale in Montana. Below is a list of essential demographic data, economic indicators, and insights into key industries that will help you plan out your next franchise venture in Montana.
| Population per Square Mile | 7.4 |
| Per Capita Income | $37,837 |
| Total Employer Establishments | 40,716 |
| Total Employment | 380,268 |
| Total Retail Sales per Capita | $16,070 |
Montana's economic and demographic landscape offers a unique and evolving environment for franchises. The retail sales per capita stands at $16,070, reflecting a consumer market with spending power.
The state's economy is witnessing robust growth, with a real GDP growth rate of 6.0% in the first quarter of 2023. The state's unemployment rate, at 2.8% as of October 2023, is lower than the national average.
Montana's diverse mix of industries plays a significant role in its economic growth. The agriculture industry, with a production value exceeding $4.0 billion, is a major economic driver. The tourism and recreation industry remains a vital sector. The healthcare sector, employing around 68,000 people, has been reshaped by the adoption of telehealth. Additionally, with over 4,100 manufacturing firms, manufacturing has become a key pillar of Montana's economy, contributing more than 20% to the state’s economic base.
Despite its largely rural character, Montana is steadily urbanizing, particularly in its small cities which are emerging as centers of commerce and trade. Population growth has been concentrated in the Western Mountain region, attracting people with its natural amenities. Key cities like Missoula, Kalispell, Bozeman, Helena, Butte, Billings, and Great Falls are becoming increasingly urbanized and influential in the state's economy.
Cities and Industries
One industry that could thrive in Great Falls is the automotive sector. The city's transportation data indicates that 78.9% of workers drive to work alone, showcasing a car-dependent population. Moreover, the total annual consumer expenditure on transportation in Great Falls is a substantial $345.02 million in 2023. This data suggests a significant market for automotive-related franchises, such as auto repair shops or vehicle maintenance services, to cater to the city's transportation needs.
Billings, MT, presents a lucrative opportunity for businesses in the home improvement industry. With a substantial expenditure of $106.91 million on home furnishings and equipment, residents demonstrate a strong inclination towards enhancing their living spaces. Additionally, there was a considerable expenditure of $641.18 million on shelter in 2023. The median age of homes in the area is 48.3 years, suggesting a potential market for renovations and upgrades. Entrepreneurs looking to cater to the demand for home improvement and shelter-related products and services could find a receptive and growing audience in Billings.
Website Analytics
Our website analytics reveal intriguing insights: visitors from Montana have a high 81.23% bounce rate. On average, visitors explore just 1.44 pages per session, with an average session duration of 45 seconds. While this data may indicate limited engagement, it presents a unique advantage for entrepreneurs looking to enter a less saturated market. Montana's relatively low franchise activity offers an open playing field for ambitious franchisees seeking uncharted territories.
Franchise Opportunities
Explore a diverse range of business and franchise openings in Montana by delving into our extensive selection of options listed below.