Franchises for Sale in Tempe, Arizona
Tempe, Arizona Franchise Opportunities (and Businesses for Sale)
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. $100k Potential working from anywhere, full-time or part-time. Learn more about this…
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
ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.
40k 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
An opportunity to make a difference. For our franchise owners, opening a HomeWell franchise is an opportunity to do good work while doing good for others. It’s a decision that will change your life and have a momentous…
100k 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
To gain comprehensive insights into Tempe, 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.
Tempe, Arizona Demographic Insights | ||
Households (2023) | 78,691 | |
Households (2028) | 83,670 | |
Population (2023) | 179,191 | |
Population (2028) | 188,303 | |
Per capita Income (2023) | $47,337 | |
Total Household Expenditures | $5,760,871,320 | |
Total Retail Expenditures | $2,708,164,142 | |
Average Household Income (2023) | $106,941 | |
Average Household Income (2028) | $108,750 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The retail sector in Tempe, with its substantial annual consumer expenditure of $2.71B, presents fertile ground for franchises, especially in niche markets. For instance, jewelry stores in Tempe are a notable opportunity, with potential sales of $10.31M but actual sales reaching only $4.03M, indicating significant room for growth and a market demand that is currently underserved. Alongside the high annual spending in apparel at $204.92M, a retail franchise that offers specialized and high-value products like jewelry could capitalize on the discretionary income of its residents.
Read MoreThe demand for home services in Tempe is underscored by the significant number of owner-occupied homes (44,996) and a median home value of $371,973, which suggests a market for franchises specializing in home renovation and maintenance. This is further supported by a high annual consumer expenditure in household operations at $227.76M.
The business services industry in Tempe is a prime area for growth, bolstered by a robust local economy with over 12,300 businesses and a workforce of approximately 136,570. With the city's businesses aiming to enhance efficiency and productivity, there's a significant market for services such as consulting, marketing, staffing, and IT support. Franchises offering innovative business solutions could tap into the disposable income that comes from an average household income of $106,941. Furthermore, a projected population increase suggests an expanding clientele, positioning the business services sector as a lucrative space for new and scalable franchise ventures in Tempe.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of October 23, 2024: