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Businesses for Sale | Prior Lake, Minnesota

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

As of the 2024 ACH Map Data, Prior Lake, located in The North Star State had a total population of 26,864 people.

Top Franchise Opportunities in Prior Lake, Minnesota on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$100,000
2Business Services$50,000
3Business Opportunities$30,000
4Sports & Leisure$60,000
5Home Services & Repair Franchises$50,000
6Computer & Internet Franchises$10,000
7Financial Franchises$70,000
8Home Services & Repair Franchises$85,000
9Financial Businesses$100,000
10Food & Restaurant$200,000

City Statistics and Other Information About Prior Lake

Demographics

From a total population of 26,864, Prior Lake has a median age of 40. The average age of males, in Prior Lake, is 40 while the average age of females is 41. When you compare the median age of men and women in Prior Lake, there is an average difference of 0.93 years.

Income

The median income of individuals, in Prior Lake, is $75,512 while the average household income is $130,059. In 2029, the average income per capita for Prior Lake is expected to be $75,512.

Additional Information

55372
Scott County

Is Prior Lake the Best Location for Franchise Opportunities and Growth?

What is the average income in Prior Lake?

The median household income in Prior Lake is $130,059, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Prior Lake an affordable place to start a franchise?

With a median income of $130,059, Prior Lake presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Prior Lake's income compare to other locations?

The median income of $130,059 in Prior Lake is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Prior Lake have a stable workforce to support my business?

Absolutely! With 8,080 employed individuals, Prior Lake offers a solid labor force to support franchise growth.

Is Prior Lake a growing economy?

With a workforce of 8,080 and a median household income of $130,059, Prior Lake provides a stable economic environment for new business opportunities.

Does homeownership in Prior Lake indicate a stable market?

Homeownership rates at 8,341 show a strong local investment in the community, which benefits long-term franchise success.

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