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Businesses for Sale | Richfield, Minnesota

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

As of the 2024 ACH Map Data, Richfield, located in The North Star State had a total population of 38,159 people.

Top Franchise Opportunities in Richfield, Minnesota on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Financial Franchises$70,000
2Business Services$50,000
3Business Opportunities$100,000
4Business Opportunities$30,000
5Sports & Leisure$60,000
6Home Services & Repair Franchises$50,000
7Computer & Internet Franchises$10,000
8Cleaning Franchises$100,000
9Personnel & Staffing$150,000
10Home Services & Repair Franchises$85,000

City Statistics and Other Information About Richfield

Demographics

From a total population of 38,159, Richfield has a median age of 37. The average age of males, in Richfield, is 36 while the average age of females is 37. When you compare the median age of men and women in Richfield, there is an average difference of 1.69 years.

Income

The median income of individuals, in Richfield, is $51,385 while the average household income is $83,255. In 2029, the average income per capita for Richfield is expected to be $51,385.

Additional Information

Hennepin County

Is Richfield the Best Location for Franchise Opportunities and Growth?

What is the average income in Richfield?

The median household income in Richfield is $83,255, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Richfield an affordable place to start a franchise?

With a median income of $83,255, Richfield presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Richfield's income compare to other locations?

The median income of $83,255 in Richfield is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Richfield have a stable workforce to support my business?

Absolutely! With 11,156 employed individuals, Richfield offers a solid labor force to support franchise growth.

Is Richfield a growing economy?

With a workforce of 11,156 and a median household income of $83,255, Richfield provides a stable economic environment for new business opportunities.

Does homeownership in Richfield indicate a stable market?

Homeownership rates at 9,984 show a strong local investment in the community, which benefits long-term franchise success.

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