Aurora, Colorado Franchise Market Analysis
To gain comprehensive insights into Aurora, Colorado, 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.
| Aurora, Colorado Demographic Insights | ||
| Households (2023) | 147,276 | |
| Households (2028) | 150,757 | |
| Population (2023) | 393,531 | |
| Population (2028) | 402,687 | |
| Per capita Income (2023) | $42,859 | |
| Total Household Expenditures | $11,377,172,620 | |
| Total Retail Expenditures | $5,358,325,035 | |
| Average Household Income (2023) | $114,193 | |
| Average Household Income (2028) | $121,497 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
In Aurora, the automotive industry shows a particular promise for franchise opportunities. The city's households boast an average of 1.9 vehicles, and a significant 63% have two or more vehicles available. This high vehicle ownership rate, coupled with the gap report showing a potential for Motor Vehicle and Parts Dealers at $1.06 billion versus actual sales of $828.35 million, underscores a significant reliance on personal transportation. An automotive franchise in repair, maintenance, or parts is well-positioned to meet this demand.
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Healthcare and senior care are also burgeoning sectors in Aurora. With an estimated population of 393,531 and a projection of continued growth, there is a robust market for health-related services. The substantial annual consumer healthcare expenditure of $936.33 million, alongside the positive sales gap shown in Pharmacy and Drug Stores ($158.91 million potential vs. $99.28 million actual sales), indicates a strong demand for health services.
Food-related franchises have a significant opportunity, supported by Aurora's considerable food and beverage annual consumer expenditure of $1.66 billion. The positive sales potential in Full Service Restaurants ($405.52 million potential vs. $368.79 million actual sales) signals room for growth in the dining sector. From quick service restaurants to specialty food stores, there is ample scope for new entrants to satisfy the diverse culinary tastes of Aurora's residents.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Aurora, Colorado Franchise Opportunities (and Businesses for Sale)
Mr. Electric is an award-winning electric installation and repair franchise, but you don't need experience as an electrician to be an owner. Operating within a growing and recession-resilient industry that provides…
65k Minimum Cash Required
Mosquito Joe is an award-winning and environmentally friendly outdoor pest control franchise. Operating within a growing and recession-resilient industry that provides in-demand services, franchise owners enjoy an executive…
50k Minimum Cash Required
Do you have a passion for education? How about the desire to invest in yourself? If you answered yes to both of these a Best in Class Education Center Franchise may be the right place for you! With our years of experience and…
50k Minimum Cash Required
Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep! You can easily make 6-7 figures in passive income when we build your…
30k Minimum Cash Required
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 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on…
3,995 Minimum Cash Required
Want to own an ecommerce Amazon business without all the hassle of running one yourself? We build, manage and scale Amazon FBA stores for our clients who are looking for a completely automated stream of passive income. Our…
45k Minimum Cash Required
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As of April 28, 2024: