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Businesses for Sale | Minnetonka, Minnesota

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

As of the 2024 ACH Map Data, Minnetonka, located in The North Star State had a total population of 53,720 people.

Top Franchise Opportunities in Minnetonka, Minnesota on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$30,000
2Sports & Leisure$60,000
3Business Services$50,000
4Business Opportunities$100,000
5Financial Franchises$70,000
6Computer & Internet Franchises$10,000
7Home Services & Repair Franchises$50,000
8Financial Businesses$100,000
9Food & Restaurant$200,000
10Personnel & Staffing$150,000

City Statistics and Other Information About Minnetonka

Demographics

From a total population of 53,720, Minnetonka has a median age of 44. The average age of males, in Minnetonka, is 42 while the average age of females is 47. When you compare the median age of men and women in Minnetonka, there is an average difference of 4.23 years.

Income

The median income of individuals, in Minnetonka, is $81,669 while the average household income is $115,502. In 2029, the average income per capita for Minnetonka is expected to be $81,669.

Additional Information

55345
Hennepin County

Is Minnetonka the Best Location for Franchise Opportunities and Growth?

What is the average income in Minnetonka?

The median household income in Minnetonka is $115,502, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Minnetonka an affordable place to start a franchise?

With a median income of $115,502, Minnetonka presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Minnetonka's income compare to other locations?

The median income of $115,502 in Minnetonka is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Minnetonka have a stable workforce to support my business?

Absolutely! With 15,737 employed individuals, Minnetonka offers a solid labor force to support franchise growth.

Is Minnetonka a growing economy?

With a workforce of 15,737 and a median household income of $115,502, Minnetonka provides a stable economic environment for new business opportunities.

Does homeownership in Minnetonka indicate a stable market?

Homeownership rates at 17,011 show a strong local investment in the community, which benefits long-term franchise success.

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