Top Franchises in Ohio (OH)
Franchise Opportunities in Ohio
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…
90k 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
Make a positive difference in the lives of children, families & communities! With 500+ sites open or under development, The Learning Experience® (TLE) has become one of the nation’s fastest growing child care…
150k 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
Have you dreamed of owning your own franchise business but don’t know where to start? FranDestiny provides a consultation service to prospective franchise business owners that results in matching the best franchises with…
150k 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
Most Popular Industries & Categories
As of December 21, 2024:
Popular Cities in Ohio
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Facts About Ohio
| Capital: | Columbus |
| Year of Statehood: | 1803 |
| Largest Cities: | Columbus, Cincinnati |
| Motto: | With God, all things are possible |
| Nickname: | Buckeye State |
Franchising Economic Indicators in Ohio
- Ohio is ranked #12 in CNBC’s “Top States for Business 2023,” excelling in cost of living, business cost, infrastructure, and access to capital. (source)
- Ohio offers a 0% state tax on corporate income and ranks 3rd in the U.S. for its manufacturing workforce. (source)
- In October 2023 alone, Ohio saw the creation of 14,448 new businesses. (source)
- Ohio offers various grants and loans to support small businesses, including initiatives for mom-led, veteran-owned, minority, and women-owned businesses. (source)
Here are the best franchises for sale in Ohio. 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 Ohio.
| Population per Square Mile | 288.8 |
| Per Capita Income | $34,526 |
| Total Employer Establishments | 252,241 |
| Total Employment | 4.8 million |
| Total Retail Sales per Capita | $14,941 |
The franchising landscape in Ohio is an attractive destination for various business opportunities. Ohio's economy, ranking 7th in size among U.S. states, boasts a robust GDP of approximately $656 billion, underlining its strength and potential for business growth.
Ohio’s economic might is supported by a low unemployment rate of 3.3% as of July 2023 and a real GDP growth rate of 1.3% in the first quarter of 2023, indicating a resilient and expanding economy. Additionally, the state's per capita income stands at $34,526, and with a population density of 288.8 people per square mile, Ohio offers a substantial market base for franchises.
Moreover, Ohio's economy is not just reliant on its historical industries but is also adapting to current trends and future needs. The automotive sector, particularly in electric vehicles, is experiencing growth, especially in regions like Toledo. The state's commitment to innovation is further illustrated by investments in areas like energy and advanced manufacturing, with companies expanding their operations and adding jobs.
This blend of traditional strength and modern adaptability makes Ohio a compelling option for franchisees seeking a dynamic and forward-looking business environment. With its varied economy, Ohio offers a fertile ground for franchises across different industries, from food and healthcare to manufacturing and technology.
Cities and Industries
Toledo, OH, with its population density of 2,540 people per square mile, offers a dense consumer base for various franchises. The city's economy, supported by 83,578 households with an average income of $66,205, signals a stable market with spending power. The rise in projected average household income to $74,301 by 2028 suggests growing economic prosperity. This positive trajectory, combined with a significant portion of the population driving to work (76.5%), showcases the potential for automotive service franchises and fast-casual dining that can cater to the commuter crowd. Additionally, with total retail expenditures topping $2.05 billion and housing a diverse workforce — 47.6% white-collar and 52.4% blue-collar — franchises in retail and specialized trade services could find a receptive market in Toledo.
Cleveland boasts a considerable projected growth in average household income to $71,325 by 2028. Notably, 18% of workers in Cleveland work from home, indicating a substantial market for home-based franchises and services that facilitate remote working environments. The city's total annual consumer expenditure of $5.41 billion, including a significant $805.26 million spent on food and beverages, presents vast opportunities for food franchisees. Additionally, a high expenditure on shelter ($1.17 billion) and health care ($455.6 million) opens up niches for health and wellness franchises, as well as those offering home repair and real estate services.
Website Analytics
Our analytics data, showing Ohio as one of the top ten regions for user activity on our website, indicates a high level of interest in franchise opportunities. However, the relatively high bounce rate of 77.26% and the short average session duration of 49 seconds suggest that while there's interest, visitors might not be progressing forward in their franchising journey. This scenario presents a prime opportunity for entrepreneurs to step in and fill this gap. By choosing franchises that align well with the needs and interests of Ohio’s consumer base, these entrepreneurs can capitalize on the existing high interest and position themselves advantageously in Ohio’s growing market.
Franchise Opportunities
Ohio presents a vibrant array of businesses for sale that align with its thriving economic landscape. Dive into Ohio's promising market to discover the perfect franchise that aligns with your entrepreneurial goals.