Businesses for Sale | Somerville, Massachusetts
Discover business opportunities, in or around Somerville, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Somerville, located in The Bay State had a total population of 82,140 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | NTV360 | Advertising Franchises | $30,000 | |
| 4 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 5 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 6 |  | Fleet Services International | Auto Franchises | $100,000 | |
| 7 |  | Ace Handyman Services | Home Services & Repair Franchises | $70,000 | |
| 8 |  | Mattress By Appointment | Retail Franchises | $15,000 | |
| 9 |  | Healthy YOU Vending | Food & Restaurant | $25,000 | |
| 10 |  | EggBred | Food & Restaurant | $80,000 |
City Statistics and Other Information About Somerville
Demographics
From a total population of 82,140, Somerville has a median age of 31. The average age of males, in Somerville, is 31 while the average age of females is 32. When you compare the median age of men and women in Somerville, there is an average difference of 1.02 years.
Income
The median income of individuals, in Somerville, is $76,033 while the average household income is $127,440. In 2029, the average income per capita for Somerville is expected to be $76,033.
Additional Information
02143 - 02145Middlesex County
Is Somerville the Best Location for Franchise Opportunities and Growth?
What is the average income in Somerville?
The median household income in Somerville is $127,440, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Somerville an affordable place to start a franchise?
With a median income of $127,440, Somerville presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Somerville's income compare to other locations?
The median income of $127,440 in Somerville is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Somerville have a stable workforce to support my business?
Absolutely! With 29,559 employed individuals, Somerville offers a solid labor force to support franchise growth.
Is Somerville a growing economy?
With a workforce of 29,559 and a median household income of $127,440, Somerville provides a stable economic environment for new business opportunities.
Does homeownership in Somerville indicate a stable market?
Homeownership rates at 11,856 show a strong local investment in the community, which benefits long-term franchise success.
