Tampa, Florida Franchise Market Analysis
To gain comprehensive insights into Tampa, 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.
Tampa, Florida Demographic Insights | ||
Households (2023) | 164,425 | |
Households (2028) | 178,397 | |
Population (2023) | 397,890 | |
Population (2028) | 428,139 | |
Per capita Income (2023) | $50,100 | |
Total Household Expenditures | $13,152,023,611 | |
Total Retail Expenditures | $6,146,463,003 | |
Average Household Income (2023) | $120,668 | |
Average Household Income (2028) | $119,996 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The health and fitness industry in Tampa benefits from a notable percentage of remote workers (24.0%) and an average household income of $120,668, indicating opportunity for premium wellness services. Franchises that cater to health-conscious consumers with disposable income have a promising outlook, especially if they offer personalized, innovative fitness solutions for remote workers.
Read MoreWith Tampa’s housing units being 94.6% occupied and the city's median home value standing at $343,035, the home services industry is poised for growth. The retail gap report highlights a demand in building materials and garden equipment, with potential sales ($335.91M) exceeding actual sales ($325.44M), underscoring an opportunity for franchises in home improvement.
Tampa's food industry is particularly vibrant, with an annual expenditure of $1.91 billion on food and beverages. Specialty food markets, such as meat markets, show potential sales of $8.93 million against actual sales of $4.19 million, revealing a significant market gap. Food franchises that can offer specialized products or align with Tampa's diverse culinary tastes have a clear opportunity to capitalize on these unmet needs.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Tampa, Florida Franchise Opportunities (and Businesses for Sale)
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
A Mediterranean Restaurant Franchise That Celebrates Greek Food and Culture.
100k 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
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
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
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Most Popular Industries & Categories
As of May 9, 2024: