Franchises for Sale in Austin, Texas
To gain comprehensive insights into Austin, Texas, 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.
Austin, Texas Demographic Insights | ||
Households (2023) | 433,359 | |
Households (2028) | 461,256 | |
Population (2023) | 985,638 | |
Population (2028) | 1,048,578 | |
Per capita Income (2023) | $62,097 | |
Total Household Expenditures | $39,063,972,652 | |
Total Retail Expenditures | $18,261,366,904 | |
Average Household Income (2023) | $140,605 | |
Average Household Income (2028) | $142,527 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
With a median household income of $94,164 and an estimated average household income of $140,605, Austin's strong economic base is ideal for franchises in the healthcare and senior care sectors. The city's population is on the rise, projected to grow from 985,638 to 1.05 million by 2028, increasing the need for healthcare services.
Read MoreThe food and beverage industry in Austin is particularly vibrant, with consumer expenditures totaling $5.66 billion annually. This high level of spending reflects the city's appetite for unique and high-quality dining experiences, making it an ideal market for food industry franchises. Concepts that can introduce fresh, innovative, and possibly locally sourced food options could thrive in this environment, tapping into the city's food culture.
Austin's housing market provides a fertile ground for home services franchises, with 433,359 households, boasting a median home value of $454,200. Franchises that offer a range of services from landscaping to remodeling are well-positioned to capitalize on this trend, especially considering the increase in housing units and the influx of homes built post-2010.
The retail sector in Austin is robust, with the total annual consumer expenditures reaching $18.26 billion. The city's high average household net worth of $710,258 suggests that the consumer base has the capacity for spending on a variety of retail goods. Retail franchises have an opportunity to tap into this economic prosperity.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Austin, Texas Franchise Opportunities (and Businesses for Sale)
Pinch A Penny is America’s largest swimming pool retail, service and repair franchise. We are looking for smart, strong leaders to help us grow. Pinch A Penny franchisees benefit from the brand’s multiple streams of…
150k Minimum Cash Required
Invest soundly in a bright future. At Truly Nolen, we have spent considerable time and effort developing each of our pest control programs for commercial and residential properties. Learn more about our offerings! Learn more…
50k 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
Ledgers offers tax, payroll, compliance, and business advisory services to owners of small businesses and individuals desiring a full-service provider through its franchised locations.
50k Minimum Cash Required
N-Compass TV has created a network of community-based entrepreneurs who have a business in Indoor Digital Billboards. Screens are placed inside popular places of business in a protected territory. Advertising is then sold to…
30k Minimum Cash Required
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k Minimum Cash Required
At Franchise Gator, we prioritize transparency and objectivity to empower your franchise decisions. Unlike brokers or franchisors, our motivations are unclouded by financial incentives tied to your choices. We don't earn based on the franchise you opt for, instead, our mission is to present you with impartial insights. Navigate through a realm of franchising opportunities with information you can trust.
Most Popular Industries & Categories
As of October 22, 2024: