Top Franchises in Alaska (AK)

Here are the best franchises for sale in Alaska. 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 Alaska.

Population per Square Mile1.3
Per Capita Income$42,828
Total Employer Establishments21,641
Total Employment251,093
Total Retail Sales per Capita$14,015

In Alaska, the franchising landscape benefits from several positive economic indicators. The state's per capita income of $42,828 and a high total retail sales per capita of $14,015 suggest a healthy consumer spending capacity.

Alaska's economic outlook in 2023 is ranked 23rd nationwide. The state's tax structure is a significant aspect of its economic landscape, with no personal income tax and a low sales tax burden due to the absence of a statewide sales tax.

Key Industries

  • Oil and Gas: This sector is a major part of Alaska's economy, contributing 35.7% to the state's GDP.
  • Fishing and Seafood: The fishing industry, including seafood processing, is significant, making up 10% of the state's GDP.
  • Tourism: Attracting millions of tourists annually, tourism contributes 8% to the GDP.
  • Healthcare: Providing essential services, especially in remote areas, the healthcare industry represents 3% of the GDP.

For potential franchisees exploring business opportunities in Alaska, the state presents a landscape rich with possibilities. The absence of a personal income tax and a favorable tax environment enhance the state’s appeal for business investments. The diversity of its key industries opens up a wide range of niches for franchises to succeed. Combined with Alaska's unique demographic characteristics, these factors create a promising environment for entrepreneurs looking to establish or expand their franchising ventures.

Cities and Industries

Anchorage, AK presents a prime business opportunity for retail franchise ventures. Anchorage boasts a robust retail market with a retail expenditure of $1.94 billion in 2023. This substantial spending underscores the city's strong consumer demand for retail products and services. Furthermore, the average household income in Anchorage is $110,342 in 2023 and is projected to rise to $122,211 by 2028, indicating that residents have a higher disposable income. This combination of a thriving retail sector and a financially stable population makes Anchorage an ideal location for potential retail franchises.

With the substantial annual consumer expenditure of approximately $60.46 million on food and beverages in Juneau in 2023, franchises in the food industry, including restaurants, fast-food chains, or specialty food establishments, are well-positioned to thrive. The city's high spending on food, combined with an estimated average household income exceeding $136,000, indicates a favorable market for food-related franchises.

Website Analytics

Alaska presents a unique business opportunity for potential franchisees. The level of competition for future franchisees in Alaska might be relatively low, evident from the high bounce rate of 78.11% and an average session duration of only 42 seconds for visitors from Alaska to our website. This data suggests that the franchise landscape in Alaska may be less saturated compared to other regions, making it an attractive prospect for those seeking to enter the market.

Franchise Opportunities

Browse a variety of businesses for sale in Alaska through our listings below.

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Facts About Alaska

Capital: Juneau
Year of Statehood: 1881
Largest Cities: Anchorage, Fairbanks, Juneau
Motto: North to the Future
Nickname: Land of the Midnight Sun
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Franchising Economic Indicators in Alaska

  • As of 2023, Alaska continues to be ranked highly for its business-friendly tax climate, placing third in the Tax Foundation’s 2023 State Business Tax Climate Index. (source)
  • Alaska does not having a statewide sales tax. (source)
  • In the first quarter of 2023, Alaska's real GDP growth rate was 1.6% per year. (source)
  • Alaska offers various property tax exemptions, including a 20% exemption up to $50K for owner-occupied properties. (source)

Franchise Opportunities in Alaska

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

Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…

$ 75k Minimum Cash Required

We will build, manage, & scale a 100% done-for-you Amazon FBA E-Commerce business. Giving you truly hands-free passive income. Our company utilizes partnerships with established brands, & exclusive pricing with our vetted…

$ 50k 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

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

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