Businesses for Sale | Andover, Minnesota
Discover business opportunities, in or around Andover, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Andover, located in The North Star State had a total population of 31,920 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 2 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 3 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 4 |  | E-Commerce Future USA | Business Opportunities | $30,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 7 |  | Five Star Painting | Home Services & Repair Franchises | $50,000 | |
| 8 |  | Rainbow Restoration | Cleaning Franchises | $100,000 | |
| 9 |  | Fuego Cravings | Food & Restaurant | $200,000 | |
| 10 |  | Safe Harbor Plans - 401K Franchise Funding | Financial Businesses | $100,000 |
City Statistics and Other Information About Andover
Demographics
From a total population of 31,920, Andover has a median age of 40. The average age of males, in Andover, is 40 while the average age of females is 41. When you compare the median age of men and women in Andover, there is an average difference of 0.3 years.
Income
The median income of individuals, in Andover, is $57,860 while the average household income is $125,410. In 2029, the average income per capita for Andover is expected to be $57,860.
Additional Information
55304Anoka County
Is Andover the Best Location for Franchise Opportunities and Growth?
What is the average income in Andover?
The median household income in Andover is $125,410, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Andover an affordable place to start a franchise?
With a median income of $125,410, Andover presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Andover's income compare to other locations?
The median income of $125,410 in Andover is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Andover have a stable workforce to support my business?
Absolutely! With 9,248 employed individuals, Andover offers a solid labor force to support franchise growth.
Is Andover a growing economy?
With a workforce of 9,248 and a median household income of $125,410, Andover provides a stable economic environment for new business opportunities.
Does homeownership in Andover indicate a stable market?
Homeownership rates at 10,007 show a strong local investment in the community, which benefits long-term franchise success.
