Businesses for Sale | Farmington Hills, Michigan
Discover business opportunities, in or around Farmington Hills, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Farmington Hills, located in The Great Lakes State had a total population of 82,859 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 2 |  | E-Commerce Future USA | Business Opportunities | $30,000 | |
| 3 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 4 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 5 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 6 |  | Healthy YOU Vending | Food & Restaurant | $25,000 | |
| 7 |  | Automated Investments | Business Opportunities | $100,000 | |
| 8 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 9 |  | Buddy's Home Furnishings | Retail Franchises | $150,000 | |
| 10 |  | Five Star Painting | Home Services & Repair Franchises | $50,000 |
City Statistics and Other Information About Farmington Hills
Demographics
From a total population of 82,859, Farmington Hills has a median age of 41. The average age of males, in Farmington Hills, is 39 while the average age of females is 43. When you compare the median age of men and women in Farmington Hills, there is an average difference of 3.3 years.
Income
The median income of individuals, in Farmington Hills, is $60,595 while the average household income is $103,249. In 2029, the average income per capita for Farmington Hills is expected to be $60,595.
Additional Information
Oakland CountyIs Farmington Hills the Best Location for Franchise Opportunities and Growth?
What is the average income in Farmington Hills?
The median household income in Farmington Hills is $103,249, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Farmington Hills an affordable place to start a franchise?
With a median income of $103,249, Farmington Hills presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Farmington Hills's income compare to other locations?
The median income of $103,249 in Farmington Hills is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Farmington Hills have a stable workforce to support my business?
Absolutely! With 25,455 employed individuals, Farmington Hills offers a solid labor force to support franchise growth.
Is Farmington Hills a growing economy?
With a workforce of 25,455 and a median household income of $103,249, Farmington Hills provides a stable economic environment for new business opportunities.
Does homeownership in Farmington Hills indicate a stable market?
Homeownership rates at 22,222 show a strong local investment in the community, which benefits long-term franchise success.
