Businesses for Sale | Silver Lake, Minnesota
Discover business opportunities, in or around Silver Lake, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Silver Lake, located in The North Star State had a total population of 872 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 2 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 3 |  | E-Commerce Future USA | Business Opportunities | $30,000 | |
| 4 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 5 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 6 |  | Automated Investments | Business Opportunities | $100,000 | |
| 7 |  | Five Star Painting | Home Services & Repair Franchises | $50,000 | |
| 8 |  | Rainbow Restoration | Cleaning Franchises | $100,000 | |
| 9 |  | Safe Harbor Plans - 401K Franchise Funding | Financial Businesses | $100,000 | |
| 10 |  | Express Employment Professionals | Personnel & Staffing | $150,000 |
City Statistics and Other Information About Silver Lake
Demographics
From a total population of 872, Silver Lake has a median age of 44. The average age of males, in Silver Lake, is 44 while the average age of females is 43. When you compare the median age of men and women in Silver Lake, there is an average difference of 1.39 years.
Income
The median income of individuals, in Silver Lake, is $40,166 while the average household income is $73,606. In 2029, the average income per capita for Silver Lake is expected to be $40,166.
Additional Information
55381McLeod County
Is Silver Lake the Best Location for Franchise Opportunities and Growth?
What is the average income in Silver Lake?
The median household income in Silver Lake is $73,606, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Silver Lake an affordable place to start a franchise?
With a median income of $73,606, Silver Lake presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Silver Lake's income compare to other locations?
The median income of $73,606 in Silver Lake is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Silver Lake have a stable workforce to support my business?
Absolutely! With 247 employed individuals, Silver Lake offers a solid labor force to support franchise growth.
Is Silver Lake a growing economy?
With a workforce of 247 and a median household income of $73,606, Silver Lake provides an emerging economic environment for new business opportunities.
Does homeownership in Silver Lake indicate a stable market?
Homeownership rates at 300 show a strong local investment in the community, which benefits long-term franchise success.
