Franchises for Sale in Salt Lake City, Utah
Salt Lake City, Utah Franchise Opportunities (and Businesses for Sale)
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and…
100k 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
N-Compass TV has created a network of community-based entrepreneurs who have a business in Indoor Digital Billboards. Screens are placed inside popular places of business in a protected territory. Advertising is then sold to…
30k Minimum Cash Required
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus…
100k Minimum Cash Required
Why Medical/Dental Billing is the business for you... No Experience Needed! Great Income Potential! Flexibility to work at home, on the road, basically anywhere you have Internet access. ClaimTek is the most trusted…
20k Minimum Cash Required
Apricot Lane Boutique is the #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable…
80k Minimum Cash Required
To gain comprehensive insights into Salt Lake City, Utah, 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.
Salt Lake City, Utah Demographic Insights | ||
Households (2023) | 96,428 | |
Households (2028) | 109,485 | |
Population (2023) | 200,696 | |
Population (2028) | 220,488 | |
Per capita Income (2023) | $55,183 | |
Total Household Expenditures | $7,360,500,632 | |
Total Retail Expenditures | $3,450,356,803 | |
Average Household Income (2023) | $113,847 | |
Average Household Income (2028) | $108,374 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The demographic data of Salt Lake City highlights an affluent population with a median household income of $77,324 and an average household income of $113,847. This financial capability, combined with a reported gap in health and personal care stores ($122.83 million potential vs. $66.76 million actual sales), suggests a strong market for franchises specializing in healthcare, wellness, and senior care services.
Read MoreWith the growth in households (a projected annual growth of 2.7% from 2023-2028) and a considerable gap in the building material and garden equipment sector ($188.62 million potential vs. $138.85 million actual sales), there is a substantial opportunity in Salt Lake for franchises offering home improvement, gardening, and landscaping services.
With pet and pet supply stores showing a sales gap ($27.37 million potential vs. $12.46 million actual sales), and given the presence of high-income households that likely include pet owners, franchises in pet care, grooming, and supplies could also find a receptive market in Salt Lake City.
Salt Lake City's thriving corporate ecosystem, comprising 11,419 total businesses, presents a ripe market for business services franchises. With a substantial portion of the city's workforce engaged in white-collar jobs (67.7%) and a notable number of residents working from home (24.6%), there is a clear demand for services that improve operational efficiencies. Business service franchises that specialize in consulting, marketing, staffing, and customer service could find a receptive audience among the local businesses seeking to optimize their operations. Additionally, franchises offering support for remote work infrastructure and virtual business solutions could capitalize on the evolving work habits in the city.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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