Top Franchises in Alabama (AL)

Here are the best franchises for sale in Alabama. Below is a list of essential demographic data, economic indicators, and insights into key industries that will help you plan out your next franchise venture in Alabama.

Population per Square Mile99.2
Per Capita Income$33,344
Total Employer Establishments103,514
Total Employment1.7 million
Total Retail Sales per Capita$13,067

Alabama showcases a mix of demographic and economic attributes conducive to business. The per capita income stands at $33,344, reflecting the spending power of residents. The state employs around 1.7 million people, showing a substantial labor market. Furthermore, the total retail sales per capita amount to $13,067, suggesting a healthy consumer market.

Sectors in Alabama like retail trade and manufacturing have shown significant growth, with the former achieving a growth rate of 11.9% per year, the highest in the state. The total real GDP for Alabama was $278.3 billion, with manufacturing contributing $46.6 billion to this figure. These figures position Alabama as an active player in the national economy, holding 1.1% of the US economy and ranking 27th among states and Washington, DC​.

Alabama's industries are diverse and robust, with sectors like aerospace, automotive, technology, bioscience, and chemicals playing pivotal roles. These sectors not only have deep roots but have also seen tremendous growth and development over the years. Additionally, Alabama focuses on foundational targets like corporate operations, cyber security, data centers, distribution & logistics, information technology, and research & development.

Efforts are underway to reduce the regulatory burden on businesses, with initiatives like cutting 25% of the state’s business regulation activities by 2025 and reforming occupational licensing requirements.

In summary, Alabama's franchising landscape is characterized by a strong industrial base, significant retail and manufacturing sectors, and ongoing efforts to improve its business climate.

Cities and Industries

In Montgomery, AL, economic data points to lucrative business opportunities particularly in the fast-casual dining and automotive service industries. The average household income is a robust $72,842, with residents spending significantly on food and beverages ($338.68M) and transportation ($413.2M). The high per capita income of $30,142, alongside a considerable white-collar workforce, suggests a market for franchises offering quality dining options that cater to professionals. Moreover, with most people (79.2%) driving to work, there's a clear need for automotive services, from maintenance to repairs, indicating a solid customer base for such franchises.

The business landscape in Birmingham, AL, is underscored by the significant presence of corporate headquarters, with 545 businesses and 34,641 employees in this sector. This substantial corporate presence, coupled with an average household income of $103,538, positions business-to-business service franchises favorably, offering potential for services such as consulting, office cleaning, and corporate training. Additionally, with high consumer expenditures on shelter ($1.06B) and a notable median home value of $298,564, there's a clear opportunity for franchises in the home services industry, including renovation, interior design, and landscaping services.

Website Analytics

With a 76.11% bounce rate and an average session duration of 51 seconds on our site from Alabama visitors, the data suggests lower levels of engagement, hinting at potentially lower competition in Alabama's franchise market. This presents a unique opportunity for potential franchisees. If you're looking to start a franchise in Alabama, these metrics suggest that now could be an opportune time, as you may face less competition and have more room to establish and grow your business in this market.

Franchise Opportunities

Explore the variety of businesses for sale in Alabama, a state where entrepreneurial spirit and a robust economy combine to create an attractive setting for new business ventures.

See Franchises in Alabama Now

Facts About Alabama

Capital: Montgomery
Year of Statehood: 1819
Largest Cities: Birmingham, Mobile
Motto: We Dare Defend Our Rights
Nickname: Heart of Dixie
View Franchises Now

Franchising Economic Indicators in Alabama

  • In 2023, Alabama ranked 11th among states in Cost of Living according to CNBC. (source)
  • The state's economic indicators showed a record low unemployment rate of 2.3% in October 2023. (source)
  • In the first quarter of 2023, Alabama's total real GDP was $278.3 billion, ranking 27th in economy size among states and Washington, D.C.​ (source)
  • The retail trade sector in Alabama experienced the highest growth rate at 11.9% in the first quarter of 2023. (source)

Franchise Opportunities in Alabama

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

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

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

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

Crave is searching for franchise partners in the U.S. We are one of the fastest-growing Hot Dog franchises, winner of best southern BBQ, and expanding rapidly. If you want to own your own business and be your own boss, look…

$ 70k Minimum Cash Required

ATAX Tax Service is your premier destination for comprehensive and reliable tax assistance.

$ 40k Minimum Cash Required

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.

We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about.