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Franchise opportunities in Frankston, VIC

Frankston’s 141,000 residents give it a franchise opportunity score of 70/100. The strongest fit is Beauty & Health (70/100), followed by Hair & Barber and Pet Services.

Geography: this report covers the Frankston SA3 statistical area (ABS), which is broader than a single suburb. Demographics from the ABS Census 2021.

141,000Population (ABS 2021)
+0.9%5-year growth
$86,000Median household income
258Franchises recruiting nearby
Opportunity score70/100
How this opportunity score works

The score is a weighted 0–100 research signal, not a site-selection decision. It combines, per category:

  • Demand (category fit for the population) — 30%
  • Competition gap (trade-area model, more room scores higher) — 25%
  • Demographic fit (income vs the category) — 20%
  • 5-year population growth (percentile) — 15%
  • Franchise availability (systems recruiting here) — 10%

Inputs: ABS Census 2021 (population, income, growth) and a trade-area competition model using OpenStreetMap / ABS business data where available. It doesn’t model rent, site specifics or local trading conditions, treat it as a starting point for research, then confirm on the ground and with the franchisor. See our methodology.

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For sale & open territories in Frankston

258 franchise systems are recruiting new territories that cover Frankston:

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Frankston on the map

Where Frankston sits and the real local businesses around its centre, the operators a new franchise would compete with. Tap a pin for the business name and type.

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Top 3 recommended franchise categories

1. Beauty & Health

70
Strong $150,000$480,000 · 11 recruiting
Why Beauty & Health in Frankston?

2. Hair & Barber

70
Strong $140,000$380,000 · 11 recruiting
Why Hair & Barber in Frankston?

3. Pet Services

68
Strong $45,000$200,000 · 5 recruiting
Why Pet Services in Frankston?

What it costs to start in Frankston

Franchise fees don’t change by suburb, but the categories that fit Frankston best sit in these all-in investment ranges (Q2 2026 Fee Index, national medians).

CategoryTotal investmentInitial feeRoyaltyFrankston fit
Beauty & Health$150K$480K$42,0006.0%70
Hair & Barber$140K$380K$40,0006.5%70
Pet Services$45K$200K$30,0007.5%68
Bakery & Dessert$200K$550K$45,0006.5%62
Real Estate$80K$300K$35,0008.0%62
Retail$180K$600K$45,0005.5%62

Fees: Q2 2026 Fee Index. The fit score blendsFrankston’s demand, competition, demographics and growth, see methodology.

Frankston snapshot

Frankston vs Victoria average
MetricFrankstonState avgDifference
Population141,00018,304+670%
Median household income$86,000$94,695-9%
5-year population growth0.9%30.4%-29.5 pts

Survival & viability analysis

Beauty & Health viability: High

The beauty & health opportunity in Frankston scores 70 out of 100. With a population of 141,000, this is a substantial catchment that could support roughly 11 beauty & health outlets in total, around 5 more than the 6 already operating locally. At about 6 existing beauty & health operators, competition sits below typical metro density, an opening for a well-run entrant. Median household income ($86,000) sits below the state average ($94,695), which can favour value-led formats.

Nearby competition by category

Live competitor counts and market status
CategoryOperatorsCompetitionStatus
Beauty & Health6LowGap
Hair & Barber7LowGap
Pet Services5LowGap
Bakery & Dessert13LowGap
Health & Medical14HighSaturated
Coffee & Café35HighSaturated

Operator counts are live data (OpenStreetMap for storefronts, ABS business counts for services) as at 2026-07-31. See methodology.

How Frankston compares to nearby areas

LocationPopulationMedian income5-yr growthTop categoryScore
Frankston141,000$86,0000.9%Beauty & Health70
Ballarat116,201$74,3009.7%Beauty & Health65
Melton178,000$98,10028.2%Bakery & Dessert83
Bendigo103,034$75,3008.0%Beauty & Health72
Shepparton68,000$72,8005.3%Beauty & Health69
Tarneit - Central28,594$112,50012.9%Fitness & Wellbeing83
Pakenham - South West27,171$93,80010.3%Bakery & Dessert76

Keep exploring Frankston & Victoria

Frequently asked questions

What franchise is best for Frankston?

Based on population, income, growth and competition data, Beauty & Health scores highest for Frankston at 70/100, competition sits below typical metro density. The next best are Hair & Barber and Pet Services.

How much does a franchise cost in Frankston?

Fees don't vary by suburb, Beauty & Health franchises run $150,000–$480,000 all-in nationally (Q2 2026 Fee Index, n=71). See the Fee Index for the full breakdown.

Is Frankston good for a coffee franchise?

It's a tighter market: a coffee & café franchise scores 51/100 in Frankston, with about 35 existing operators in the trade area (Saturated suitability).

Demographics: ABS Census 2021 & Regional Population. Category scores combine ABS demographics with a trade-area competition model and live franchise availability, see methodology. Fees: Q2 2026 Fee Index.