Businesses for Sale | Covington, Virginia
Discover business opportunities, in or around Covington, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Covington, located in The Old Dominion had a total population of 5,574 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 2 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 3 |  | PostalAnnex+ | Printing Packing & Shipping | $70,000 | |
| 4 |  | Automated Investments | Business Opportunities | $100,000 | |
| 5 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 6 |  | TruBlue Home Service Ally | Home Services & Repair Franchises | $50,000 | |
| 7 |  | Proper Ecom | Business Opportunities | $100,000 | |
| 8 |  | Healthier4U Vending | Vending Franchises | $30,000 | |
| 9 |  | Mattress By Appointment | Retail Franchises | $15,000 | |
| 10 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 |
City Statistics and Other Information About Covington
Demographics
From a total population of 5,574, Covington has a median age of 39. The average age of males, in Covington, is 37 while the average age of females is 42. When you compare the median age of men and women in Covington, there is an average difference of 5.66 years.
Income
The median income of individuals, in Covington, is $25,026 while the average household income is $46,290. In 2029, the average income per capita for Covington is expected to be $25,026.
Additional Information
24426Covington (City)
Is Covington the Best Location for Franchise Opportunities and Growth?
What is the average income in Covington?
The median household income in Covington is $46,290, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Covington an affordable place to start a franchise?
With a median income of $46,290, Covington presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Covington's income compare to other locations?
The median income of $46,290 in Covington is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Covington have a stable workforce to support my business?
Absolutely! With 1,035 employed individuals, Covington offers a solid labor force to support franchise growth.
Is Covington a growing economy?
With a workforce of 1,035 and a median household income of $46,290, Covington provides an emerging economic environment for new business opportunities.
Does homeownership in Covington indicate a stable market?
Homeownership rates at 1,487 show a strong local investment in the community, which benefits long-term franchise success.
