Top Franchises in Indiana (IN)

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

Population per Square Mile189.4
Per Capita Income$35,578
Total Employer Establishments150,912
Total Employment2.7 million
Total Retail Sales per Capita$15,326

Indiana’s per capita income of $35,578 and robust base of 150,912 employer establishments lay the groundwork for a receptive market. The state’s total employment of 2.7 million indicates a large workforce, potentially beneficial for staffing franchises. Additionally, the total retail sales per capita of $15,326 reflect a consumer market with significant spending power, which is an encouraging sign for retail and service-oriented franchises. 

The state's economy ranks 19th in size in the U.S. and has a diverse industrial base. Indiana experienced a real GDP growth rate of 1.0% in the first quarter of 2023, showing steady growth. Remarkably, sectors like agriculture, forestry, fishing, and hunting witnessed an extraordinary 93.6% growth rate.

Indiana's landscape is shaped by several key industries. Healthcare and logistics and transportation are significant, leveraging the state's strategic geographic position. Manufacturing, especially in automobile production, is a cornerstone of the state's economy, boasting the highest concentration of manufacturing jobs in the nation. The public sector and technology also play crucial roles, with the latter emerging as a rapidly growing sector, attracting both local startups and global companies like Salesforce​.

The state's steady economic growth, coupled with sector-specific booms, presents a promising environment for both established and emerging franchise concepts.

Cities and Industries

Evansville, Indiana, is a city with a pronounced focus on the automotive and transportation industries. A significant 21.1% of its workforce is employed in production, transport, and material moving occupations, and a substantial portion of the population, 77.6%, drives alone to work. This reliance on personal vehicles is supported by considerable transportation expenditures, which amount to $535.37 million, highlighting the city's investment in automotive transit. These factors combined present a strong case for automotive-related franchise opportunities, such as auto repair, parts supply, or car dealerships, to tap into Evansville's committed labor force and its residents' transportation habits and spending.

In South Bend, Indiana, a significant portion of the workforce is employed in professional roles (24.9%) and management, business, and financial operations. These statistics, combined with a high level of white-collar workers (58.9%), suggest a strong market for business-to-business (B2B) franchises that offer professional services. This might include franchises specializing in consulting, financial advising, or office support services, which could leverage the city's skilled workforce and support the large contingent of home-based professionals.

In Indianapolis, the presence of older homes—28.5% built before 1939—and a median home age of 62.6 years, alongside a high annual shelter expenditure of $1.27 billion, strongly indicates a market for franchises that specialize in home services and renovation. These services are essential for homeowners investing in the longevity and modernization of their properties, preserving their historical charm while updating functionality.

Website Analytics

Indiana's entrepreneurs are just beginning to explore the wealth of business opportunities available on our platform. With a bounce rate of 77.51% and an average session duration of 52 seconds, these metrics highlight the untapped potential of Indiana's franchise market. Don't miss out on the chance to be a pioneer in Indiana's thriving franchise industry, where the competition is currently low, but the potential is high.

Franchise Opportunities

Discover a variety of business opportunities in Indiana by exploring the listings below. Explore the options and find your next venture today.

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Indiana

Facts About Indiana

Capital: Indianapolis
Year of Statehood: 1821
Largest Cities: Indianapolis, Evansville
Motto: The Crossroads of America
Nickname: The Hoosier State
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Franchising Economic Indicators in Indiana

  • Indiana's economy ranks 19th in size among U.S. states and Washington, D.C. (source)
  • Indiana boasts a very business-friendly tax climate, highlighted by its ranking as the best state for having no estate or inheritance tax. (source)
  • The state's manufacturing sector remains a significant part of its economy, contributing $120.5 billion per year as of the first quarter of 2023. (source)
  • In October 2023, Indiana reported an unemployment rate of 3.6%. (source)

Franchise Opportunities in Indiana

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

A Gold Star franchise restaurant is a family owned, legacy brand with tremendous opportunity in the $256 billion QSR industry. Gold Star is focused on franchisee success thru support, technology and process and is poised to…

$ 300k 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

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

$ 40k 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

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

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