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Businesses for Sale | Onaway, Michigan

Discover business opportunities, in or around Onaway, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Onaway, located in The Great Lakes State had a total population of 775 people.

Top Franchise Opportunities in Onaway, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$30,000
2Food & Restaurant$25,000
3Pet Franchises$90,000
4Business Services$50,000
5Computer & Internet Franchises$10,000
6Sports & Leisure$60,000
7Financial Franchises$70,000
8Business Opportunities$100,000
9Retail Franchises$150,000
10Home Services & Repair Franchises$100,000

City Statistics and Other Information About Onaway

Demographics

From a total population of 775, Onaway has a median age of 41. The average age of males, in Onaway, is 39 while the average age of females is 45. When you compare the median age of men and women in Onaway, there is an average difference of 5.5 years.

Income

The median income of individuals, in Onaway, is $23,075 while the average household income is $38,112. In 2029, the average income per capita for Onaway is expected to be $23,075.

Additional Information

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Is Onaway the Best Location for Franchise Opportunities and Growth?

What is the average income in Onaway?

The median household income in Onaway is $38,112, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Onaway an affordable place to start a franchise?

With a median income of $38,112, Onaway presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Onaway's income compare to other locations?

The median income of $38,112 in Onaway is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Onaway have a stable workforce to support my business?

Absolutely! With 154 employed individuals, Onaway offers a solid labor force to support franchise growth.

Is Onaway a growing economy?

With a workforce of 154 and a median household income of $38,112, Onaway provides an emerging economic environment for new business opportunities.

Does homeownership in Onaway indicate a stable market?

Homeownership rates at 237 show a strong local investment in the community, which benefits long-term franchise success.

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