Retail Franchises

Retail Franchises For Sale Currently Available:

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Blue Moon Estate Sales

Are you looking for a Green Business. Estate Sales are BOOMING right now, as the senior population looks to downsize, move, or liquidate a home...and Blue Moon Estate Sales has a huge following of loyal shoppers just waiting…

60k Minimum Cash Required

Batteries Plus

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

Apricot Lane

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

AAMCO Transmissions & Total Car Care

Own Your Future by Owning an AAMCO Automotive Franchise! From transmissions and oil changes to electric vehicle repair, AAMCO is an iconic brand. Tap into the recession-resistant, $292 billion Auto Care Industry. Invest in an…

90k Minimum Cash Required

The UPS Store

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

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.

What are Retail Franchises?

Retail franchises are businesses where a franchisee operates a store using the brand and products of the franchisor. This structure provides franchisees with a proven business model and support system, so entrepreneurs don’t have to start from scratch. Retail franchises include both physical stores and online ecommerce ventures.

Types of Retail Franchises

Retail franchises come in various types, each with unique models and target markets. Major categories include:

Brick-and-Mortar Stores: Traditional stores selling products directly to consumers. Examples include major franchises like 7-Eleven and The UPS Store.
Ecommerce Ventures: Franchises that operate predominantly online, offering a scalable way to enter the retail market with lower overhead.
Hybrid Models: Some franchises integrate both physical and online sales, leveraging multiple channels to reach a broad audience.

Benefits of Owning a Retail Franchise

Owning a retail franchise offers many advantages, such as:

Brand Recognition: Franchisees benefit from an established brand, which helps attract customers and build trust.
Proven Systems: A franchised retail business comes with established operational processes, reducing the risk involved in starting a business.
Training and Support: Franchisors often provide comprehensive training, ongoing support, and resources to help franchisees succeed.

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.

How to Open a Retail Franchise

Opening a retail franchise involves several steps, each crucial to setting up a successful business.

Research and Select the Right Franchise

Before investing, it’s essential to evaluate different franchise options, focusing on factors such as:

Industry Fit: Choose a franchise that aligns with your interests and experience.
Market Demand: Assess the demand for products or services in your area.
Franchise Support: Look for franchises offering strong support networks, training, and resources.

Understand the Financial Requirements

Starting a retail franchise comes with financial commitments. Key expenses include:

Franchise Fees: An initial payment for the right to operate under the franchisor’s brand.
Royalty Fees: Ongoing fees, usually a percentage of sales, paid to the franchisor.
Setup Costs: Expenses for equipment, inventory, and setting up the retail space.

Follow Legal and Regulatory Guidelines

Navigating legal requirements is essential. Franchisees should:

Consult Legal Advisors: Ensure franchise agreements and contracts are thoroughly reviewed.
Obtain Necessary Permits: Depending on the franchise, specific licenses or permits may be required.
Comply with Franchise Disclosure Document (FDD) Requirements: Review the FDD to understand the franchisor’s obligations and your rights as a franchisee.

What Are the 4 Ways to Become a Retail Franchisee?

There are multiple paths to becoming a retail franchisee, each with its own advantages.

Direct Purchase

The most common approach, where individuals purchase a franchise directly from the franchisor.

Multi-Unit Ownership

Some franchisees opt to own multiple locations, allowing for larger business growth within a single brand.

Conversion Franchising

Existing independent retailers can convert their store to a franchise, benefiting from brand recognition and support.

Area Development

For those looking to establish multiple locations over a geographic area, area development provides exclusive territory rights to grow the brand.

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