Top Franchises in Hawaii (HI)

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

Population per Square Mile226.6
Per Capita Income$42,683
Total Employer Establishments32,488
Total Employment469,179
Total Retail Sales per Capita$15,191

Hawaii's population density of 226.6 per square mile indicates a relatively concentrated population, especially on certain islands. The per capita income of $42,683 suggests a market with purchasing power. The total retail sales per capita in Hawaii, at $15,191, is indicative of a robust consumer market.

Hawaii's economy displayed a growth rate of 3.2% in the first quarter of 2023, a notable increase from the previous quarter. The retail trade sector has shown remarkable growth at 8.2%, the highest in the state. This growth indicates potential business opportunities for retail-focused franchises. Tourism remains the dominant industry, accounting for about a fifth of the gross state product and generating over $16 billion in revenue​​.

Cities and Industries

Honolulu, Hawaii offers a lucrative market for fitness franchises. The estimated average household income of approximately $121,214 in Honolulu signifies a population with the financial capacity to invest in health and wellness services. Additionally, the city's significant expenditure of $872.86 million on health care indicates a strong demand for fitness and wellness services, as residents prioritize their well-being and are likely to seek fitness solutions, making Honolulu an ideal location for fitness franchise growth.

The data points related to Pearl City, HI indicate a strong potential for the home services and construction industry. With a substantial demand for housing-related services driven by the median age of homes at 44 years, there is a clear need for maintenance, renovation, and construction services. Additionally, the significant annual consumer expenditure on shelter in 2023, amounting to $1.4 billion, underscores the importance of expenses related to housing. This data suggests ample opportunities for businesses in the home services and construction sector to thrive in Pearl City.

Website Analytics

When examining the analytics for visitors from Hawaii to our website, we observe a bounce rate of 76.56%, indicating that a significant portion of visitors leave the site after viewing only one page. The average session duration for these visitors is approximately 50 seconds. While these metrics suggest lower engagement, it's worth noting that this could translate into reduced competition for potential franchisees who take action promptly. In a less crowded landscape, proactive individuals seeking business opportunities in Hawaii may find themselves with a distinct advantage.

Franchise Opportunities

Delve into a diverse selection of business ventures for sale in Hawaii, showcased in our comprehensive range of listings presented below.

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Facts About Hawaii

Capital: Honolulu
Year of Statehood: 1850
Largest Cities: Honolulu, Pearl City, Hilo
Motto: The life of the land is perpetuated in righte
Nickname: The Aloha State
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Franchising Economic Indicators in Hawaii

  • In the first quarter of 2023, Hawaii's real GDP growth rate was 3.2% per year, indicating a healthy economic uptick compared to 1.2% in the previous quarter. (source)
  • Hawaii's unemployment rate as of October 2023 was 2.9%.  (source)
  • The retail trade sector showed significant growth with a real GDP growth rate of 8.2% per year in the first quarter of 2023. (source)
  • In terms of overall health, Hawaii was ranked as the 6th healthiest state in 2023. (source)

Franchise Opportunities in Hawaii

Five Star Painting, a Neighborly company, is the nation's leading residential and commercial painting services franchise. With us, business ownership is a stroke of genius!

$ 50k Minimum Cash Required

Start a Medical & Dental Billing and Practice Management Business – Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! Healthcare is the growth industry of the 21st century! Read more…

$ 20k 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

My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on…

$ 3,995 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

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

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