Fremont, California Franchise Market Analysis
To gain comprehensive insights into Fremont, California, 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.
Fremont, California Demographic Insights | ||
Households (2023) | 75,993 | |
Households (2028) | 76,750 | |
Population (2023) | 227,277 | |
Population (2028) | 224,099 | |
Per capita Income (2023) | $76,285 | |
Total Household Expenditures | $10,158,402,271 | |
Total Retail Expenditures | $4,704,953,849 | |
Average Household Income (2023) | $227,665 | |
Average Household Income (2028) | $247,538 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Fremont's residents, with an estimated average household income of $227,665 and a median household income of $175,584, are well-positioned to afford healthcare and senior care services. The significant retail gap in health and personal care stores, with a potential of $164.16 million against actual sales of $79.23 million, underlines a considerable market opportunity for franchises in this domain. The consumer healthcare expenditure alone, amounting to $777.98 million annually, supports the case for medical services, in-home care, and specialized healthcare facilities to cater to an affluent and health-conscious population.
Read MoreIn a city with 94.3% occupied housing units and where 41.3% of households have 2 vehicles available, automotive services are essential. The presence of high-net-worth individuals, with an estimated average household net worth of $2.48 million, could mean a demand for premium and specialized automotive services, such as luxury car maintenance and high-performance upgrades.
With a total annual consumer expenditure of $1.44 billion on food and beverages, Fremont is ripe for food franchises. The high-income levels suggest that there is room for both fast-casual and upscale dining experiences, catering to the city’s taste for diversity and quality in food options. Additionally, the work-from-home trend, indicated by 42.9% of workers based at home, could be a boon for delivery and takeout services.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Fremont, California Franchise Opportunities (and Businesses for Sale)
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
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
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
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
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
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 May 5, 2024: