Within its boundaries, the geographical features of the US state of California include but are not limited to cliffs, beaches, volcanic lava beds, fertile river valleys, waterfalls, mountains, and deserts. The US’ third-largest state geographically is also known as the Golden State and it is home to over 40 million people, making it the most populated state in the country.
Although the smaller city of Sacramento is the state’s capital with a population of around 525,000, Los Angeles is one of the US’ largest cities (population: 4 million), also known as the entertainment capital of the world and home to Orange County. California is home to major cities including San Diego (population: 1.5 million), San Jose (population: nearly one million), San Francisco (population: 800,000+), and Fresno (population: 0.5 million). The state is divided into 58 counties and 482 municipalities.
Although it is known for its complex set of rules and comparatively higher tax rate structure for independent businesses and franchises, there are many benefits that come with business opportunities in the state, especially franchise opportunities in California. Here are just a few of these:
Some of the top industries in California include international trade and tourism (with $100+ billion in annual revenue), energy and agriculture, as well as technology, among many others.
In terms of economic facts and prospects, there are over four million companies operating in the state. Of these four million companies, 3.4 million are small businesses, which are considered 99% of the state’s employers and they employ around 52% of the state’s workforce.
Data from 2017 showed that while there were around 733,000 franchise establishments in the US, employing nearly 7.6 million jobs, $674.3 billion of economic output, and 2.5% of the GDP, there are around 76,000 franchise businesses in California alone, accounting for around 10% of the nation’s total number of franchises. In terms of employment by franchises in California, the state supports nearly 729,000 jobs, $69.4 billion of California’s economic output, and $43.9 billion of its GDP.
With such an extensive economic contribution, there are ample franchise opportunities for sale in California for aspiring business owners to choose from, among which are the following:
And for those who want to buy a franchise business in California, it’s worth considering all the benefits that come when you buy a business in franchising. Here are just a few of the main ones worth mentioning:
And finally, in many cases, you will also work within your very own geographically defined and exclusive area, meaning that you will not need to compete with other franchisees in the same business.
360clean proudly presents itself as not only the most rewarding but also the most affordable franchise opportunity in the market today.
$14,999
Zips Dry Cleaning offers a comprehensive range of services designed to meet the dry cleaning and laundry needs of a diverse customer base.
$669,800
Lapels Dry Cleaning offers a comprehensive range of dry cleaning and garment care services, including cleaning, pressing, alterations, and repairs.
$431,617
Welcome to the N2 Company franchise opportunity, where innovation meets community and financial prosperity!
$974
Discover the exceptional franchise opportunity offered by NaturaLawn of America, a pioneer in organic-based lawn care since 1987.
$47,500
Speed Queen stores redefine the traditional laundromat experience, setting a new standard in customer satisfaction and safety.
$1,000,000
Martinizing stands tall as a distinguished figure in the dry cleaning sector, boasting over six decades of pioneering innovation and leadership.
$40,050
Nextaff stands out as the top value staffing agency, consistently outperforming competitors.
$98,800
Join the premier staffing franchise and turn your entrepreneurial aspirations into reality with Express Employment Professionals.
$150,000
PrideStaff offers a comprehensive suite of staffing services designed to help businesses find the right talent and job seekers find the right opportunities.
$176,000
Labor Finders offers a comprehensive range of staffing services designed to meet the diverse needs of businesses across various industries.
$120,000
Consider joining the Paramount Tax franchise for a unique opportunity in the tax and accounting sector.
$64,600
The Toro Taxes franchise offering provides a comprehensive package designed to equip franchisees with the tools and support needed to succeed in the tax preparation industry.
$25,150