Baton Rouge, Louisiana Franchise Market Analysis
To gain comprehensive insights into Baton Rouge, Louisiana, 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.
Baton Rouge, Louisiana Demographic Insights | ||
Households (2023) | 89,319 | |
Households (2028) | 86,150 | |
Population (2023) | 224,986 | |
Population (2028) | 215,354 | |
Per capita Income (2023) | $36,313 | |
Total Household Expenditures | $5,740,658,070 | |
Total Retail Expenditures | $2,687,505,993 | |
Average Household Income (2023) | $90,435 | |
Average Household Income (2028) | $102,001 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Baton Rouge's consumer spending on household operations amounts to $227.42 million annually, with a substantial owner-occupied housing market (over 54% of total housing). This opens opportunities for franchises that provide home improvement, maintenance, and repair services. With the homeowner demographic solidly in place, a franchise in this industry could leverage the growing need for these services in Baton Rouge.
Read MoreBaton Rouge's retail market reveals a striking opportunity for cosmetic and beauty franchises. The current potential sales of $4.76 million starkly outpace the actual sales of $1.16 million, indicating a substantial market ready to be captured. For franchises specializing in cosmetics and beauty, this gap represents a significant chance to fill a niche in a community with an average household income of $90,435.
The business environment in Baton Rouge is ripe for franchises that specialize in business services. With a robust foundation of 13,535 total businesses, including 516 company headquarters, the city has a significant concentration of commercial activity that necessitates a variety of professional support services. Moreover, these businesses contribute to a substantial employee base of 145,784 individuals, amplifying the demand for business-to-business (B2B) services. A franchise offering in business services—from IT and cybersecurity solutions to staffing and consulting—can leverage this vibrant ecosystem. Franchises that can position themselves as integral partners to these companies have the potential to tap into Baton Rouge's flourishing commercial sector.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Baton Rouge, Louisiana Franchise Opportunities (and Businesses for Sale)
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
First on the scene and best in its class, Sky Zone created the world’s first wall-to-wall trampoline park in 2004, bringing healthy, high-flying fun to people across the globe. Now you can be part of this international…
500k Minimum Cash Required
Exclusive territory. #1 Industry leader since 2001. 100% financing for U.S. citizens who qualify* plus software package with complete training. $100K 1st year profit potential. National alliances...
80k Minimum Cash Required
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
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…
30k Minimum Cash Required
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
30k Minimum Cash Required
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As of May 9, 2024: