Mesa, Arizona Franchise Market Analysis
To gain comprehensive insights into Mesa, Arizona, 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.
Mesa, Arizona Demographic Insights | ||
Households (2023) | 208,719 | |
Households (2028) | 227,032 | |
Population (2023) | 518,540 | |
Population (2028) | 563,129 | |
Per capita Income (2023) | $42,459 | |
Total Household Expenditures | $15,101,214,129 | |
Total Retail Expenditures | $7,118,808,154 | |
Average Household Income (2023) | $105,097 | |
Average Household Income (2028) | $104,158 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Mesa, with a population projected to grow by 8.6% by 2028, is fertile ground for healthcare and senior care franchises. The community's financial capability, reflected in the average household income of $105,097, aligns with a significant opportunity in health and personal care stores, where potential sales reach $253.92 million, vastly exceeding the actual sales of $137.85 million. This demonstrates a clear gap in the market for healthcare services, assisted living, and home healthcare franchises.
Read MoreMesa’s stable housing market, as shown by the 90.9% occupancy rate of its 208,719 households, indicates a robust demand for home services. With a median home value of $356,445 and a gap in the market for building materials and garden equipment (potential sales at $386.64 million compared to actual sales of $380.62 million), franchises that cater to home maintenance, renovation, and outdoor care have a wide scope for business growth.
The high percentage of households with vehicles (62.4% with 2 or more vehicles) and the substantial travel times to work (average of 21.9 minutes) indicate a reliance on personal transportation in Mesa. Automotive franchises that provide maintenance, repair services, or car washes could capitalize on the necessity of vehicle upkeep in a city where driving is a significant part of daily life.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Mesa, Arizona 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
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k 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
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
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…
100k Minimum Cash Required
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As of May 6, 2024: