Franchises for Sale in Greenville, North Carolina
To gain comprehensive insights into Greenville, North Carolina, 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.
Greenville, North Carolina Demographic Insights | ||
Households (2023) | 39,874 | |
Households (2028) | 41,374 | |
Population (2023) | 92,404 | |
Population (2028) | 95,101 | |
Per capita Income (2023) | $37,003 | |
Total Household Expenditures | $2,476,459,702 | |
Total Retail Expenditures | $1,163,235,430 | |
Average Household Income (2023) | $85,099 | |
Average Household Income (2028) | $88,040 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The automotive industry in Greenville is poised for significant growth, driven by the city's expanding population and increasing household income. With an estimated population of 92,228 in 2024 and projected growth to 95,250 by 2029, the demand for automotive services is on the rise. Greenville's car owners require regular maintenance, repairs, and upgrades, presenting a lucrative opportunity for automotive franchises. Additionally, Greenville has a high number of households with multiple vehicles—37.4% of households have one vehicle, 34.7% have two, and 17.6% have three or more. This high vehicle ownership rate suggests a consistent need for automotive services such as oil changes, tire rotations, and mechanical repairs, making it a promising sector for franchise investment.
Read MoreThe food industry in Greenville stands out as a highly attractive sector for new franchises. The city boasts a substantial total annual consumer expenditure of $2.43 billion, with $358.89 million spent on food and beverages alone. This significant spending indicates a robust market for dining establishments, ranging from casual eateries to upscale restaurants. Greenville's growing population and increasing median household income, estimated at $55,799 in 2024, further enhance the potential for success in this industry. With a diverse and dynamic community, new food franchises can cater to various culinary tastes and preferences, ensuring a steady flow of customers and high revenue potential.
The home services industry in Greenville, particularly in hardware stores, shows a promising opportunity with potential sales of $2.64 million compared to actual sales of $634,940. This substantial gap indicates a high demand for home maintenance and improvement services. With an estimated 40,132 households in 2024 and a significant portion of them being renter-occupied (63.7%), there is a consistent need for professional home services. Investing in a home services franchise, such as a hardware store, can capitalize on this unmet demand, providing essential tools and services to homeowners and renters alike, ensuring steady business growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Greenville, North Carolina Franchise Opportunities (and Businesses for Sale)
We will build, manage, & scale a 100% done-for-you Amazon FBA E-Commerce business. Giving you truly hands-free passive income. Our company utilizes partnerships with established brands, & exclusive pricing with our vetted…
30k 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…
19,750 Minimum Cash Required
Today's busy lifestyles demand the services PostalAnnex offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex founder Jack Lentz began working out of his…
70k Minimum Cash Required
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k Minimum Cash Required
Express Employment Professionals is the top staffing franchise in North America. Ranked #1 by Entrepreneur Magazine for 13 consecutive years, we have more than 860 awarded locations with an average of more than $6.4 million…
150k 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 2,500 you want to feature on your website! MBV’s 10% Price Guarantee on…
10k Minimum Cash Required
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As of October 16, 2024: