Columbus, Ohio Franchise Market Analysis
To gain comprehensive insights into Columbus, Ohio, 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.
Columbus, Ohio Demographic Insights | ||
Households (2023) | 386,723 | |
Households (2028) | 390,709 | |
Population (2023) | 902,043 | |
Population (2028) | 921,189 | |
Per capita Income (2023) | $40,606 | |
Total Household Expenditures | $25,893,765,504 | |
Total Retail Expenditures | $12,207,545,721 | |
Average Household Income (2023) | $94,212 | |
Average Household Income (2028) | $101,135 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Columbus, Ohio showcases a significant market for automotive services, with a population of 902,043 and 386,723 households. The city's total of 627,088 vehicles implies a robust demand for automotive repair shops, maintenance services, and car washes. With 61.6% of the working population driving to work alone and the average household owning 1.6 vehicles, franchises that offer quick and accessible automotive services could find a strong customer base.
Read MoreWith Columbus’ annual consumer expenditure on food and beverages reaching $3.82 billion, the food industry is vital to the local economy. There's a particular opportunity in food and beverage stores, with a sales gap of $1.78 billion potential versus $1.16 billion actual sales. This 35% index suggests that grocery stores, specialty food markets, and convenience stores could find an unsaturated market.
Education is also a significant sector in Columbus, with an annual consumer expenditure of $778.81 million, highlighting the city's investment in academic development. Franchises that provide tutoring, test preparation, or skill development have substantial potential, especially those that leverage the city's young demographic and focus on STEM education.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Columbus, Ohio Franchise Opportunities (and Businesses for Sale)
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
Get started for as little as $15,000. Make an investment in your future. No franchise fees, setup fees or training costs. 100% of your investment goes to your business. Do you need work that can fit around your family…
15k 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
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
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k 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
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