Franchises for Sale in Boston, Massachusetts
Boston, Massachusetts 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
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…
90k Minimum Cash Required
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus…
100k Minimum Cash Required
Honest Lash offers a suite-based business opportunity for those looking to start a lash-focused beauty business, like cosmetologists and estheticians. We provide free training, marketing support, and a proven business model…
5k Minimum Cash Required
Own a business that provides you the opportunity to help veterans, seniors, the disabled, caregivers, and others in your community. Keep them mobile by offering mobility products and equipment. Join Mobility Plus and start…
50k 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
To gain comprehensive insights into Boston, Massachusetts, 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.
Boston, Massachusetts Demographic Insights | ||
Households (2023) | 277,140 | |
Households (2028) | 276,256 | |
Population (2023) | 657,240 | |
Population (2028) | 656,302 | |
Per capita Income (2023) | $64,240 | |
Total Household Expenditures | $26,420,712,333 | |
Total Retail Expenditures | $12,227,649,598 | |
Average Household Income (2023) | $150,904 | |
Average Household Income (2028) | $166,208 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Boston’s high average household income of $150,904 suggests a market for healthcare and senior care franchises. The city's considerable annual healthcare expenditure, amounting to $2.09 billion, aligns with the gap report indicating a surplus in potential for pharmacies and drug stores with $364.98 million in potential sales against $257.78 million in actual sales. This indicates room for growth in specialized health services, wellness programs, and pharmacies that cater to the affluent senior population.
Read MoreThe home services industry in Boston shows a promising market gap with building materials and garden equipment showing $664.67 million in potential sales against actual sales of $261.96 million. Given the large number of older homes (40.3% built before 1939) and a median home age of 64.6 years, franchises that provide home renovation, maintenance, and gardening supplies could see significant demand. The high occupancy rate of 88.6% for housing units further underscores the need for these services as homeowners invest in maintaining and upgrading their living spaces.
Additional opportunities in Boston are revealed in the gap report for the retail sector. For instance, General Merchandise Stores have a considerable potential with sales of $1.76 billion against actual sales of $166.65 million, suggesting a strong market for new franchises in this category. Similarly, Motor Vehicle and Parts Dealers have potential sales of $2.37 billion versus actual sales of $603.39 million, indicating a robust market for automotive franchises that could capitalize on this unmet demand.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 4, 2024: