Businesses for Sale | New Hope, Minnesota
Discover business opportunities, in or around New Hope, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, New Hope, located in The North Star State had a total population of 20,722 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 2 |  | E-Commerce Future USA | Business Opportunities | $30,000 | |
| 3 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 4 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 5 |  | Five Star Painting | Home Services & Repair Franchises | $50,000 | |
| 6 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 7 |  | Automated Investments | Business Opportunities | $100,000 | |
| 8 |  | Rainbow Restoration | Cleaning Franchises | $100,000 | |
| 9 |  | Fuego Cravings | Food & Restaurant | $200,000 | |
| 10 |  | Mr. Appliance | Home Services & Repair Franchises | $85,000 |
City Statistics and Other Information About New Hope
Demographics
From a total population of 20,722, New Hope has a median age of 38. The average age of males, in New Hope, is 39 while the average age of females is 38. When you compare the median age of men and women in New Hope, there is an average difference of 0.51 years.
Income
The median income of individuals, in New Hope, is $42,370 while the average household income is $73,259. In 2029, the average income per capita for New Hope is expected to be $42,370.
Additional Information
Hennepin CountyIs New Hope the Best Location for Franchise Opportunities and Growth?
What is the average income in New Hope?
The median household income in New Hope is $73,259, providing insight into the financial conditions of local residents and their ability to support businesses.
Is New Hope an affordable place to start a franchise?
With a median income of $73,259, New Hope presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does New Hope's income compare to other locations?
The median income of $73,259 in New Hope is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does New Hope have a stable workforce to support my business?
Absolutely! With 5,658 employed individuals, New Hope offers a solid labor force to support franchise growth.
Is New Hope a growing economy?
With a workforce of 5,658 and a median household income of $73,259, New Hope provides an emerging economic environment for new business opportunities.
Does homeownership in New Hope indicate a stable market?
Homeownership rates at 4,797 show a strong local investment in the community, which benefits long-term franchise success.
