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Franchises for Sale in Michigan

Michigan, a hotbed of business opportunities, beckons with a trove of lucrative ventures. Dive headfirst into our data-driven portal, meticulously curated for eager entrepreneurs. Unearth market insights and delve into a rich selection of franchise listings. Let's cut to the chase and embark on your path to business success in the Wolverine State.

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Population Change (2020-2023)-0.4%
Per Capita Income$37,929
Median Gross Rent$1,037
Total Employment3.7 million
Mean Travel Time to Work (minutes)24.5

Business Landscape

Michigan's per capita income stands at $37,929, with a median gross rent of $1,037, indicating a stable economic environment conducive to business operations. The total employment figures at 3.7 million and an average commute time of 24.5 minutes suggest a sizable workforce and reasonable travel times for employees and consumers alike.

Michigan's franchising sector is experiencing significant growth. In 2023, the state expected to add 236 new franchised businesses, creating approximately 5,265 new jobs. This growth contributes to a total of 23,461 franchise units in Michigan, with the sector employing 253,200 individuals. Economic output by franchises in the state increased to $24.3 billion in 2022, and this upward trend is expected to continue, with a projected increase of 3.3 percent to $25.1 billion in 2023.

Nationally, Michigan stands as one of the top states for franchising, alongside California, Texas, Florida, and Georgia. This prominence is a testament to the state's favorable business climate and the strength of its franchise industry. The largest industry categories for franchisees in Michigan include retail, health, beauty, and fitness services, as well as food & restaurant and business services, reflecting a diverse range of opportunities for prospective franchise owners.

Cities and Industries

The business services sector in Ann Arbor is thriving with a substantial presence of over 7,600 businesses, employing more than 101,000 individuals. Notably, 4.1% of these businesses serve as company headquarters, where 20.8% of the total workforce, or approximately 21,000 employees, are in leadership roles. The business services industry is a vital contributor to the local economy, offering a wide range of professional services that support various sectors and contribute to the city's economic growth and development.

Detroit, MI, presents a lucrative market for both home-based and home services franchises, particularly in light of the significant 21.4% of the workforce that works from home. With a median age of homes at 69.1 years, there is a substantial need for home improvement and renovation services in the area. The city's housing landscape, characterized by a diverse mix of older properties, provides ample business opportunities for franchises specializing in renovations and upgrades. Additionally, the demand for home-based franchises is on the rise, given the increasing trend of remote work. Entrepreneurs seeking opportunities in Detroit can explore a wide range of WFH-friendly franchise options, catering to the evolving needs of homeowners and the WFH demographic.

Analysis of Engagement

In Michigan, our website is making a significant impact by connecting potential franchisees with outstanding opportunities. With a 58.17% bounce rate and an average of 2.05 pages per session, individuals in Michigan are not just browsing; they're actively seeking franchise listings and valuable information. By acting swiftly, you can gain a competitive edge in the dynamic world of franchising by utilizing our extensive resources and listings. Don't miss out on the chance to stay ahead of your competition – tap into our platform today to discover the best business opportunities Michigan has to offer.

Business Opportunities

Uncover enticing business opportunities waiting for you in Michigan below.


PostalAnnex

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 home as a business consultant. He soon…

Cash Required: $70,000

Category: Printing Packing & Shipping

My Business Venture

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 all items on your website ensures…

Cash Required: $3,995

Category: Computer & Internet Franchises

Blue Coast Savings Consultants

There is NO better business model that is designed to excel in inflation, recession, and uncertain times. We help you create the ultimate MONTHLY cash flow for years by helping companies save money when they need it. Buy a SMARTER business model, especially…

Cash Required: $50,000

Category: Financial Franchises

E-Commerce Future USA

Ready to join the future of online shopping? Our E-Commerce Future Partner Program is your ticket in! Experience hands-off Amazon stores that effortlessly generate passive returns every month, taking advantage of Amazon’s $1.5 trillion dollar marketplace.…

Cash Required: $30,000

Category: Business Opportunities

Amazon FBA Automation

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

Cash Required: $50,000

Category: Business Opportunities

Build My Brand

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 e-commerce empire and money-making…

Cash Required: $30,000

Category: Business Services

Real Estate Sales LLC - Flip Cheap Houses

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 the First 90 Days - Create Your…

Cash Required: $30,000

Category: Business Services Franchises

Apricot Lane Boutiques

The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win extremely loyal fans. Find out…

Cash Required: $80,000

Category: Retail Franchises

Automated Investments

Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and investors act as the capital…

Cash Required: $50,000

Category: Business Opportunities

BODYBAR Pilates

Since the first studio opened in the spring of 2012, the BODYBAR experience has evolved into a business model ready to grow through franchising. We’re ready to guide you every step of the way – from selecting the perfect location, to completing our…

Cash Required: $150,000

Category: Health & Fitness Franchises

Oxi Fresh Carpet Cleaning®

Oxi Fresh Carpet Cleaning is proud to be the world's greenest and environmentally friendly carpet cleaner! Businesses with an explicit environmental focus are in high demand. We're a premier carpet cleaning business highlighting competitive edges…

Cash Required: $40,000

Category: Cleaning Franchises

ReGenesis HRT

ReGenesis HRT Franchise offers ethical hormone services and cutting edge health solutions for a blueprint of streamlined entrepreneurial success!

Cash Required: $75,000

Category: Health & Fitness Franchises

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