Franchises for Sale in Philadelphia, Pennsylvania
Philadelphia, Pennsylvania Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Batteries Plus | Retail Franchises | $100,000 | ||
2 | Automated Investments | Business Opportunities | $100,000 | ||
3 | Invest in Real Estate | Business Services Franchises | $50,000 | ||
4 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
5 | Zoomin Groomin | Pet | $90,000 | ||
6 | The UPS Store | Printing Packing & Shipping | $75,000 | ||
7 | Ledgers | Business Services | $50,000 | ||
8 | Sam The Concrete Man | Home Services | $20,000 | ||
9 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
10 | Apricot Lane | Retail Franchises | $80,000 |
To gain comprehensive insights into Philadelphia, Pennsylvania, 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.
Philadelphia, Pennsylvania Demographic Insights | ||
Households (2023) | 646,922 | |
Households (2028) | 638,074 | |
Population (2023) | 1,575,634 | |
Population (2028) | 1,496,906 | |
Per capita Income (2023) | $40,304 | |
Total Household Expenditures | $44,198,668,485 | |
Total Retail Expenditures | $20,654,750,947 | |
Average Household Income (2023) | $97,451 | |
Average Household Income (2028) | $107,854 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
With an annual healthcare consumer expenditure in the billions, entrepreneurs can look to Philadelphia to find healthcare franchises with a ready market. The impressive average household net worth in Philadelphia combined with a homeowner-occupied rate of nearly 50% showcases the city as an enticing locale for home services franchises.
Annual Healthcare Consumer Expenditure: $3.67 billion
Average Household Net Worth: $806,600
Homeowner-Occupied Rate: 48.7%
Annual Food Consumer Expenditure: $6.51 billion
Single-Person Household Rate: 37.9%
The gap report in Philadelphia provides a glimpse into industries where their full sales potential is not currently being met. Retail franchises geared towards family clothing could find success quickly due to the current market gap. With consumer spending on food reaching over $6 billion dollars, food franchises can also find a prime market in Philly.
Family Clothing Stores
Potential Sales: $391.88 million
Actual Sales: $338.2 million
Grocery Stores
Potential Sales: $2.7 billion
- Actual Sales: $2.17 billion
Explore the franchise listings below and take the first step towards a rewarding business venture.
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Most Popular Industries & Categories
As of December 13, 2024: