Top Franchises in Arizona (AZ)
Franchise Opportunities in Arizona
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
Real Property Management, a Neighborly company, is the nation's leading property management services franchise.
50k Minimum Cash Required
SmartMarket Solutions is redefining unattended retail with AI-powered SmartMarkets that offer secure, grab-and-go access to today’s most popular snacks and beverages. No lines, no staff, and no franchise fees—just a…
50k Minimum Cash Required
Serving the business community for over 50 years, Minuteman Press’ customer service driven business model provides digital print, design and promotional services to businesses. Today we are much more than just print, we can…
50k Minimum Cash Required
Get started for as little as $20,000. Make an investment in your future. No franchise fees, setup fees or training costs. 100% of your investment goes to your business. Do you need work that can fit around your family…
20k 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…
90k Minimum Cash Required
Popular Cities in Arizona
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Facts About Arizona
| Capital: | Phoenix |
| Year of Statehood: | 1912 |
| Largest Cities: | Phoenix, Tucson, Mesa |
| Motto: | God Enriches |
| Nickname: | The Grand Canyon State |
Franchising Economic Indicators in Arizona
- Arizona has been recognized for its strong economy, ranking fifth-best in the nation according to U.S. News & World Report. (source)
- The state saw a GDP growth of 2.7% in the first quarter of 2023. This growth rate is higher than the U.S. overall average. (source)
- In the Rich States, Poor States report for 2023 by the American Legislative Exchange Council (ALEC), Arizona ranked 3rd in the Economic Performance category. (source)
- Arizona was ranked in the top 5 in Chief Executive Magazine's list of "Best States For Business" for the second consecutive year. (source)
Here are the best franchises for sale in Arizona. 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 Arizona.
| Population per Square Mile | 62.9 |
| Per Capita Income | $34,644 |
| Total Employer Establishments | 154,759 |
| Total Employment | 2.6 million |
| Total Retail Sales per Capita | $14,808 |
Arizona's economic landscape is characterized by a population density of 62.9 people per square mile and a per capita income of $34,644. With 154,759 total employer establishments and 2.6 million people employed, the state shows robust economic activity. Retail sales per capita stand at $14,808, indicating a vibrant consumer market. In 2022, Arizona experienced a 3.8% employment growth, creating 112,400 jobs, and has now surpassed pre-pandemic employment levels. The state's open business policies during the pandemic facilitated a quicker recovery compared to the national average.
Arizona's strongest industries include healthcare, manufacturing, logistics, and science and technology. The technology and innovation sector, particularly, is burgeoning due to favorable tax incentives and access to talent. Aerospace and defense also remain significant, bolstered by the presence of major contractors and research facilities. Additionally, healthcare and biotechnology sectors are growing, with a focus on precision medicine and personalized healthcare. The state's commitment to creating a welcoming business environment has been pivotal in attracting and retaining these industries.
Cities and Industries
Phoenix's economic landscape is primed for growth with a 1.2% projected population increase by 2028 and an average household income of $85,691. The community's affluent status is further emphasized by an estimated average household net worth of $690,073. With annual consumer expenditures of $8.41 billion, including $1.52 billion on transportation, there is a wide base for franchises in the automotive sector. Additionally, substantial spending on health care at $698.63 million and food and beverages at $1.25 billion opens avenues for franchises specializing in wellness and gourmet food markets.
In Tucson, with an average household income of $76,672 and a significant average household net worth of $630,100, there's a substantial market for franchises. The consumer expenditure trends, including $235.98 million in apparel and $232.36 million in furnishings and equipment, point towards a strong retail sector. Further, the $203.88 million spent on education highlights opportunities for educational service franchises. Tucson's economic stability and spending patterns suggest a receptive environment for retail, education, and home services franchises, catering to a community that values quality and personal development.
Website Analytics
Arizona's entrepreneurial spirit is evident, with 2.18% of our total user base stemming from the state, a testament to its robust interest in franchising. The data reveals a bounce rate of 77.99% and an average session duration of 49 seconds, suggesting that while there's a strong initial curiosity about franchise opportunities, there’s also significant room for new entrants to capture the market's attention. This insight into the competitive landscape is invaluable for potential franchisees looking to make their mark in Arizona today.
Franchise Opportunities
Arizona offers a rich tapestry of franchise opportunities, reflecting its unique economic landscape. Browse through the various options to find a franchise that aligns with your business goals and complements Arizona's vibrant market.