Cape Coral, Florida Franchise Market Analysis
To gain comprehensive insights into Cape Coral, 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.
Cape Coral, Florida Demographic Insights | ||
Households (2023) | 84,733 | |
Households (2028) | 110,101 | |
Population (2023) | 221,094 | |
Population (2028) | 281,361 | |
Per capita Income (2023) | $37,453 | |
Total Household Expenditures | $5,866,914,615 | |
Total Retail Expenditures | $2,772,480,707 | |
Average Household Income (2023) | $97,638 | |
Average Household Income (2028) | $80,676 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Cape Coral's housing data reveals a high percentage (74.8%) being detached units. This, paired with a healthy homeowner-occupied rate (72.5%), indicates a significant market for home maintenance and improvement services. Franchise opportunities could include landscaping, pool maintenance, home renovation, or HVAC services. The city's median home value of $286,689 suggests that homeowners are invested in their properties, likely making them willing to spend on upkeep and enhancements.
Read MoreWith over 72% of Cape Coral’s population driving to work alone and an average of 1.8 vehicles per household, the automotive industry is poised for success. There’s a sizable gap between potential and actual sales in auto parts and accessories, with potential sales at $33.7 million against actual sales of $23.57 million. Automotive service franchises that offer repair, maintenance, and car washes could seize this opportunity to serve a community deeply reliant on personal transportation.
The total retail consumer expenditure is calculated at $2.77 billion annually, showing Cape Coral’s strong consumer spending. Retail franchises, especially those that align with the lifestyles of Cape Coral’s residents, can capitalize on this spending behavior. With the right market research and location, a retail franchise could thrive in this community.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Cape Coral, Florida Franchise Opportunities (and Businesses for Sale)
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
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
Wings Etc. is a sports-themed, family-friendly restaurant and pub with over 30 years of industry-leading experience. With a diverse menu featuring Award-Winning Jumbo Wings, Premium Burgers, Wraps, Salads, Cold Beers, and…
350k 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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As of May 5, 2024: