Businesses for Sale | Southgate, Michigan
Discover business opportunities, in or around Southgate, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Southgate, located in The Great Lakes State had a total population of 28,030 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 2 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 3 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 4 |  | Healthy YOU Vending | Food & Restaurant | $25,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | E-Commerce Future USA | Business Opportunities | $30,000 | |
| 7 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 8 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 9 |  | Five Star Painting | Home Services & Repair Franchises | $50,000 | |
| 10 |  | Fuego Cravings | Food & Restaurant | $200,000 |
City Statistics and Other Information About Southgate
Demographics
From a total population of 28,030, Southgate has a median age of 41. The average age of males, in Southgate, is 40 while the average age of females is 43. When you compare the median age of men and women in Southgate, there is an average difference of 2.96 years.
Income
The median income of individuals, in Southgate, is $41,431 while the average household income is $64,737. In 2029, the average income per capita for Southgate is expected to be $41,431.
Additional Information
48195Wayne County
Is Southgate the Best Location for Franchise Opportunities and Growth?
What is the average income in Southgate?
The median household income in Southgate is $64,737, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Southgate an affordable place to start a franchise?
With a median income of $64,737, Southgate presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Southgate's income compare to other locations?
The median income of $64,737 in Southgate is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Southgate have a stable workforce to support my business?
Absolutely! With 7,630 employed individuals, Southgate offers a solid labor force to support franchise growth.
Is Southgate a growing economy?
With a workforce of 7,630 and a median household income of $64,737, Southgate provides an emerging economic environment for new business opportunities.
Does homeownership in Southgate indicate a stable market?
Homeownership rates at 8,444 show a strong local investment in the community, which benefits long-term franchise success.
