Businesses for Sale | Novi, Michigan
Discover business opportunities, in or around Novi, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Novi, located in The Great Lakes State had a total population of 66,326 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Automated Investments | Business Opportunities | $100,000 | |
| 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 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 6 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 7 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 8 |  | Healthy YOU Vending | Food & Restaurant | $25,000 | |
| 9 |  | Mr. Rooter Plumbing | Home Services & Repair Franchises | $100,000 | |
| 10 |  | Safe Harbor Plans - 401K Franchise Funding | Financial Businesses | $100,000 |
City Statistics and Other Information About Novi
Demographics
From a total population of 66,326, Novi has a median age of 39. The average age of males, in Novi, is 38 while the average age of females is 40. When you compare the median age of men and women in Novi, there is an average difference of 1.31 years.
Income
The median income of individuals, in Novi, is $69,515 while the average household income is $113,910. In 2029, the average income per capita for Novi is expected to be $69,515.
Additional Information
48374 - 48377Oakland County
Is Novi the Best Location for Franchise Opportunities and Growth?
What is the average income in Novi?
The median household income in Novi is $113,910, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Novi an affordable place to start a franchise?
With a median income of $113,910, Novi presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Novi's income compare to other locations?
The median income of $113,910 in Novi is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Novi have a stable workforce to support my business?
Absolutely! With 19,754 employed individuals, Novi offers a solid labor force to support franchise growth.
Is Novi a growing economy?
With a workforce of 19,754 and a median household income of $113,910, Novi provides a stable economic environment for new business opportunities.
Does homeownership in Novi indicate a stable market?
Homeownership rates at 17,275 show a strong local investment in the community, which benefits long-term franchise success.
