Brandon, Florida Franchise Market Analysis
To gain comprehensive insights into Brandon, Florida, 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.
Brandon, Florida Demographic Insights | ||
Households (2023) | 46,885 | |
Households (2028) | 52,378 | |
Population (2023) | 118,016 | |
Population (2028) | 131,145 | |
Per capita Income (2023) | $40,762 | |
Total Household Expenditures | $3,336,064,198 | |
Total Retail Expenditures | $1,573,449,816 | |
Average Household Income (2023) | $101,837 | |
Average Household Income (2028) | $97,469 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Brandon's projected population growth of 2.2% from 2023 to 2028 and an estimated 1.7 vehicles per household in 2023 highlight a vibrant market for the automotive industry. This indicates a high level of vehicle ownership, suggesting a demand for automotive services and sales. With a substantial base of households with multiple vehicles, an automotive franchise that offers repair, maintenance, or even specialty services could meet the community's needs while tapping into an essential market segment. Additionally, there's an opportunity in the Recreational Vehicle Dealers category, with potential sales of $5.11 million significantly exceeding the actual sales of $1.5 million.
Read MoreWith the total retail consumer expenditures reaching $1.57B in 2023, the retail industry is primed for franchises that can offer products catering to a community with a comfortable level of disposable income. Niche retail franchises that offer specialized goods or services may be particularly successful, especially those that align with the hobbies and lifestyles indicated by the local demographic data.
The presence of 7,168 total businesses with a diverse spread across various industries in Brandon suggests a broad and dynamic commercial base that would require support services. From marketing and consulting to logistics and janitorial services, the ecosystem for a business services franchise is ripe. With a significant number of workers (23.2%) working from home, services like virtual office assistance, remote IT support, and online marketing could see high demand.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Brandon, Florida 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
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
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
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
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
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As of May 9, 2024: