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Businesses for Sale | Petoskey, Michigan

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

As of the 2024 ACH Map Data, Petoskey, located in The Great Lakes State had a total population of 5,556 people.

Top Franchise Opportunities in Petoskey, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Financial Franchises$70,000
2Pet Franchises$90,000
3Business Services$50,000
4Computer & Internet Franchises$10,000
5Business Opportunities$100,000
6Business Opportunities$30,000
7Food & Restaurant$25,000
8Sports & Leisure$60,000
9Home Services & Repair Franchises$100,000
10Food & Restaurant$200,000

City Statistics and Other Information About Petoskey

Demographics

From a total population of 5,556, Petoskey has a median age of 41. The average age of males, in Petoskey, is 39 while the average age of females is 45. When you compare the median age of men and women in Petoskey, there is an average difference of 6.13 years.

Income

The median income of individuals, in Petoskey, is $55,847 while the average household income is $71,383. In 2029, the average income per capita for Petoskey is expected to be $55,847.

Additional Information

49770
Emmet County

Is Petoskey the Best Location for Franchise Opportunities and Growth?

What is the average income in Petoskey?

The median household income in Petoskey is $71,383, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Petoskey an affordable place to start a franchise?

With a median income of $71,383, Petoskey presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Petoskey's income compare to other locations?

The median income of $71,383 in Petoskey is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Petoskey have a stable workforce to support my business?

Absolutely! With 1,680 employed individuals, Petoskey offers a solid labor force to support franchise growth.

Is Petoskey a growing economy?

With a workforce of 1,680 and a median household income of $71,383, Petoskey provides an emerging economic environment for new business opportunities.

Does homeownership in Petoskey indicate a stable market?

Homeownership rates at 1,484 show a strong local investment in the community, which benefits long-term franchise success.

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