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Buy a Business in Haverhill, Massachusetts

Economic Overview

Located in northeastern Massachusetts, Haverhill's economy has evolved from its historic roots as a shoe manufacturing powerhouse into a diversified regional hub. Today, the city hosts thriving manufacturing operations in advanced materials and electronics, a robust healthcare and life sciences cluster anchored by regional hospitals and research labs, and a growing professional services sector. In addition, retail, education and logistics contribute significantly to the local GDP. Recent infrastructure investments, including roadway upgrades and expanded rail connections, have enhanced connectivity to Boston, New York and other Northeast markets. Steady population growth and rising household incomes have supported consumer demand, driving retail expansion and commercial real estate development. Haverhill's strategic initiatives to streamline permitting, provide tax incentives and support workforce training have spurred an average annual GDP growth rate above state average levels. The city's competitive cost structure and proximity to top universities continue to attract investment in technology and biotech startups. Overall, Haverhill's economy demonstrates resilience, offering balanced growth prospects across traditional industries and emerging sectors. The skilled local workforce, bolstered by educational institutions such as Northern Essex Community College, ensures a steady pipeline of talent across engineering, healthcare and business disciplines. Continued investments in digital infrastructure and renewable energy projects further diversify the economic base and position Haverhill for sustainable long-term growth.

Business Environment

Driven by proactive local governance, Haverhill offers a streamlined regulatory framework and competitive incentives to businesses. The city's permitting process has been modernized with online systems, reducing approval times for construction, zoning and licensing. Haverhill imposes moderate tax rates and provides targeted tax credits and grants to encourage expansion and innovation. A dedicated economic development office works closely with entrepreneurs to navigate local, state and federal requirements, ensuring clarity and efficiency at every stage. Public-private partnerships have enhanced commercial corridors and revitalized downtown areas, fostering a vibrant atmosphere for retail and office establishments. Moreover, collaborative forums, industry roundtables and networking events strengthen ties between stakeholders, promoting transparency and continuous improvement in policy making. Overall, Haverhill's competitive and cooperative business climate positions the city as a favorable location for growth-oriented enterprises.

Entrepreneurship Ecosystem

Haverhill's entrepreneurship ecosystem blends established small and medium enterprises with a rising wave of innovative startups. Local incubators, including programs at Northern Essex Community College, provide mentorship, coworking space and business development workshops. The number of SMEs continues to grow, supported by access to microloans, peer networks and advisory services. Franchises find value in the city's stable consumer base and streamlined permit processes. Annual startup competitions and pitch events allocate funding and visibility to high-potential ventures in biotech, advanced manufacturing and digital services. Collaboration with universities, technical schools and local industry ensures startups can tap into research expertise and skilled graduates. Networking meetups, investor roundtables and accelerators foster a dynamic community where ideas, capital and resources flow freely. As a result, Haverhill maintains an entrepreneurship environment that nurtures ventures from concept through expansion.

Investment Climate

Haverhill's investment climate is underpinned by a stable economic base, competitive real estate costs and supportive public policies. Investors benefit from tax incentive programs targeting industrial expansion, historic building rehabilitation and technology research. The city's economic development office actively engages with potential investors, offering customized site selection assistance and introductions to local stakeholders. Recent redevelopment of mixed-use properties downtown has created attractive opportunities in residential, retail and office sectors. Strategic infrastructure upgrades, including high-speed internet expansion and utility improvements, enhance project viability. With proximity to major highways and commuter rail, Haverhill provides efficient market access throughout New England. Furthermore, collaboration with regional financing organizations and community banks ensures access to capital for projects of all scales. This favorable environment positions Haverhill as an appealing destination for domestic and international investors seeking diverse, long-term returns.

Market Intelligence & Business Environment in Haverhill

68,500

Population

USD$: 75,300

Median Income

3.20%

GDP Growth

4.10%

Unemployment

Key Indicators
Median Age: 39.2 years
Entrepreneurship Rate: 7.50%
Business Friendly Score: 8.20/10
Investment Score: 8.00/10
Major Industries
manufacturing healthcare retail education


Why Invest in Haverhill?

Strong Economic Growth

Haverhill has a robust and growing economy with diverse business opportunities.

Skilled Workforce

Access to a talented and educated workforce ready to support your business.

Business-Friendly Environment

Supportive local policies and infrastructure for business growth.

Growing Consumer Base

Increasing population and consumer demand across multiple sectors.

Startup Costs in Haverhill

Total Business Types

1
Available industries to explore

Average Startup Cost

USD$: 30,000
Average investment range

Difficulty Breakdown

E:0 M:1 H:0
Easy | Medium | Hard
Business Type Estimated Startup Cost Requirements Difficulty Profit Margin Setup Time
Tech Consulting USD 10,000 - 50,000
Equipment: USD 5,000
Office space, computer equipment, internet, website Medium 20.00% 3 month(s)

Top Industries in Haverhill

51
Business Opportunities
9
Industry Categories
28.1%
Average Profit Margin
8.9%
Average Market Growth
Automotive

Car Washes

Service-based
Automatic or manual car washing and detailing services.
Startup Cost $10,000 - $50,000
Profit Margin 22.00%
Market Growth 6.00%
Market Demand 80%
Medium Difficulty Low Investment
Construction

Green Building Consultancy

Service-based
A consultancy specializing in sustainable building design, energy efficiency, and LEED certification.
Startup Cost $30,000 - $150,000
Profit Margin 30.00%
Market Growth 12.00%
Market Demand 8%
Medium Difficulty Medium Investment
Education

Coding Bootcamp

Online
An online coding bootcamp offering full-stack development training.
Startup Cost $20,000 - $80,000
Profit Margin 40.00%
Market Growth 15.00%
Market Demand 9%
Hard Difficulty Medium Investment
Education

Other Education Businesses

Franchise
A tutoring center franchise providing academic support for K-12 students.
Startup Cost $50,000 - $300,000
Profit Margin 30.00%
Market Growth 10.00%
Market Demand 9%
Medium Difficulty High Investment
Health

Dance Pilates and Yoga Studios

Brick-and-Mortar
A yoga studio offering group classes, workshops, and retreats.
Startup Cost $30,000 - $100,000
Profit Margin 30.00%
Market Growth 7.00%
Market Demand 7%
Hard Difficulty Medium Investment
Health

Gyms and Fitness Centers

Brick-and-Mortar
Gym or fitness studio offering memberships and classes.
Startup Cost $40,000 - $150,000
Profit Margin 18.00%
Market Growth 9.00%
Market Demand 75%
Hard Difficulty High Investment
Health

Mobile Physiotherapy

Service-based
A mobile physiotherapy service providing in-home rehabilitation and therapy sessions.
Startup Cost $10,000 - $50,000
Profit Margin 30.00%
Market Growth 6.00%
Market Demand 7%
Medium Difficulty Low Investment
Health

Telehealth Platform

Online
A telehealth platform offering virtual consultations and remote patient monitoring.
Startup Cost $60,000 - $350,000
Profit Margin 28.00%
Market Growth 16.00%
Market Demand 10%
Hard Difficulty High Investment
Health

Telehealth Platform

Online
A telehealth platform connecting patients with healthcare providers online.
Startup Cost $50,000 - $300,000
Profit Margin 25.00%
Market Growth 15.00%
Market Demand 10%
Hard Difficulty High Investment
Health

Wellness Coaching

Service-based
A wellness coaching service offering personalized nutrition, fitness, and lifestyle guidance.
Startup Cost $5,000 - $20,000
Profit Margin 40.00%
Market Growth 10.00%
Market Demand 8%
Easy Difficulty Low Investment
Professional Services

Digital Marketing Agency

Service-based
A digital marketing agency offering SEO, PPC, and social media management.
Startup Cost $5,000 - $30,000
Profit Margin 35.00%
Market Growth 12.00%
Market Demand 9%
Medium Difficulty Low Investment
Professional Services

HR Outsourcing

Service-based
An HR outsourcing firm providing recruitment, payroll, and compliance services.
Startup Cost $10,000 - $40,000
Profit Margin 28.00%
Market Growth 9.00%
Market Demand 8%
Medium Difficulty Low Investment
Restaurants

Bakeries

Brick-and-Mortar
A specialty bakery offering artisanal breads and pastries.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 6.00%
Market Demand 8%
Medium Difficulty Medium Investment
Restaurants

Breweries

Brick-and-Mortar
A microbrewery producing craft beers.
Startup Cost $100,000 - $300,000
Profit Margin 35.00%
Market Growth 8.00%
Market Demand 7%
Hard Difficulty High Investment
Restaurants

Coffee Shops and Cafes

Brick-and-Mortar
Small to medium coffee shop serving beverages and snacks.
Startup Cost $15,000 - $60,000
Profit Margin 18.00%
Market Growth 8.00%
Market Demand 90%
Medium Difficulty Medium Investment
Restaurants

Coffee Shops and Cafes

Brick-and-Mortar
A specialty coffee shop offering artisanal drinks.
Startup Cost $20,000 - $100,000
Profit Margin 20.00%
Market Growth 5.00%
Market Demand 9%
Medium Difficulty Medium Investment
Restaurants

Fast Food Franchise

Franchise
A fast food franchise offering standardized menus and strong brand recognition.
Startup Cost $120,000 - $350,000
Profit Margin 26.00%
Market Growth 6.00%
Market Demand 9%
Medium Difficulty High Investment
Restaurants

Fast Food Franchise

Franchise
A fast food franchise offering standardized menus and brand recognition.
Startup Cost $100,000 - $300,000
Profit Margin 25.00%
Market Growth 5.00%
Market Demand 9%
Medium Difficulty High Investment
Restaurants

Food Truck

Brick-and-Mortar
A mobile food truck serving gourmet street food.
Startup Cost $10,000 - $50,000
Profit Margin 25.00%
Market Growth 7.00%
Market Demand 8%
Easy Difficulty Low Investment
Restaurants

Food Truck

Brick-and-Mortar
A mobile food truck serving gourmet street food and beverages.
Startup Cost $15,000 - $70,000
Profit Margin 26.00%
Market Growth 7.00%
Market Demand 8%
Easy Difficulty Low Investment
Restaurants

Healthy Meal Delivery

Online
A subscription-based healthy meal delivery service offering fresh, nutritious meals.
Startup Cost $25,000 - $120,000
Profit Margin 32.00%
Market Growth 11.00%
Market Demand 10%
Medium Difficulty Medium Investment
Restaurants

Healthy Meal Delivery

Online
A subscription-based healthy meal delivery service.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 10.00%
Market Demand 10%
Medium Difficulty Medium Investment
Restaurants

Juice Bars

Brick-and-Mortar
An organic juice bar serving cold-pressed juices, smoothies, and health shots.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 8.00%
Market Demand 9%
Medium Difficulty Medium Investment
Retail

Consignment Boutique

Brick-and-Mortar
A consignment boutique selling curated secondhand designer apparel.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 9.00%
Market Demand 6%
Medium Difficulty Medium Investment
Retail

Consignment Boutique

Brick-and-Mortar
A boutique offering curated secondhand designer clothing and accessories.
Startup Cost $25,000 - $120,000
Profit Margin 32.00%
Market Growth 8.00%
Market Demand 6%
Medium Difficulty Medium Investment
Retail

Handmade Crafts Marketplace

Online
An online marketplace for handmade and artisanal goods.
Startup Cost $12,000 - $45,000
Profit Margin 28.00%
Market Growth 6.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Handmade Crafts Marketplace

Online
An online marketplace for handmade artisans.
Startup Cost $10,000 - $50,000
Profit Margin 30.00%
Market Growth 5.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Mobile Accessories Store

Brick-and-Mortar
A retail store selling smartphone accessories.
Startup Cost $10,000 - $50,000
Profit Margin 25.00%
Market Growth 4.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Mobile Accessories Store

Brick-and-Mortar
A retail store selling smartphone accessories, chargers, cases, and gadgets.
Startup Cost $15,000 - $60,000
Profit Margin 27.00%
Market Growth 6.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Niche Gift Shop

Brick-and-Mortar
A boutique gift shop offering handcrafted and personalized gifts.
Startup Cost $12,000 - $55,000
Profit Margin 26.00%
Market Growth 6.00%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Niche Gift Shop

Brick-and-Mortar
A boutique gift shop specializing in curated, handcrafted items for special occasions.
Startup Cost $10,000 - $50,000
Profit Margin 25.00%
Market Growth 5.00%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Online Thrift Marketplace

Online
An online platform enabling users to buy and sell secondhand clothing.
Startup Cost $12,000 - $55,000
Profit Margin 22.00%
Market Growth 13.00%
Market Demand 8%
Medium Difficulty Low Investment
Retail

Online Thrift Marketplace

Online
An online marketplace connecting sellers of used clothing and accessories with buyers nationwide.
Startup Cost $10,000 - $50,000
Profit Margin 20.00%
Market Growth 12.00%
Market Demand 8%
Medium Difficulty Low Investment
Retail

Other Retail Businesses

Brick-and-Mortar
Small retail shop selling clothes, electronics, or specialty products.
Startup Cost $20,000 - $100,000
Profit Margin 12.00%
Market Growth 5.00%
Market Demand 80%
Medium Difficulty Medium Investment
Retail

Print On Demand Service

Online
A print-on-demand service offering custom apparel and merchandise.
Startup Cost $6,000 - $15,000
Profit Margin 22.00%
Market Growth 7.00%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Print On Demand Service

Online
A print-on-demand service offering custom merchandise.
Startup Cost $5,000 - $10,000
Profit Margin 20.00%
Market Growth 6.00%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Subscription Box Service

Online
A subscription box service delivering curated niche products monthly.
Startup Cost $25,000 - $60,000
Profit Margin 27.00%
Market Growth 8.00%
Market Demand 8%
Medium Difficulty Medium Investment
Retail

Subscription Box Service

Online
A curated subscription box service delivering niche products monthly.
Startup Cost $20,000 - $50,000
Profit Margin 25.00%
Market Growth 7.00%
Market Demand 8%
Medium Difficulty Medium Investment
Services

Cleaning Businesses

Service-based
Residential or commercial cleaning services.
Startup Cost $5,000 - $25,000
Profit Margin 25.00%
Market Growth 7.00%
Market Demand 88%
Easy Difficulty Low Investment
Technology

Cybersecurity Consultancy

Service-based
A cybersecurity firm specializing in penetration testing and compliance audits.
Startup Cost $20,000 - $80,000
Profit Margin 45.00%
Market Growth 14.00%
Market Demand 9%
Hard Difficulty High Investment
Technology

Cybersecurity Consultancy

Service-based
A cybersecurity consultancy offering risk assessments, penetration testing, and compliance services.
Startup Cost $10,000 - $50,000
Profit Margin 40.00%
Market Growth 15.00%
Market Demand 10%
Hard Difficulty High Investment
Technology

Drone Services

Service-based
A drone services company specializing in mapping, surveying, and aerial inspections.
Startup Cost $60,000 - $350,000
Profit Margin 33.00%
Market Growth 9.00%
Market Demand 7%
Medium Difficulty High Investment
Technology

Drone Services

Service-based
A drone services business offering aerial photography, surveying, and inspection solutions.
Startup Cost $50,000 - $300,000
Profit Margin 30.00%
Market Growth 8.00%
Market Demand 7%
Medium Difficulty High Investment
Technology

IoT Home Devices

Brick-and-Mortar
A smart home device retail shop offering IoT gadgets, sensors, and home automation solutions.
Startup Cost $25,000 - $120,000
Profit Margin 32.00%
Market Growth 11.00%
Market Demand 8%
Medium Difficulty Medium Investment
Technology

IoT Home Devices

Brick-and-Mortar
A retail business selling smart home devices such as sensors, thermostats, and security cameras.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 10.00%
Market Demand 8%
Medium Difficulty Medium Investment
Technology

SaaS Accounting Software

Online
A SaaS platform offering cloud-based accounting and bookkeeping tools.
Startup Cost $60,000 - $350,000
Profit Margin 42.00%
Market Growth 13.00%
Market Demand 9%
Hard Difficulty High Investment
Technology

SaaS Accounting Software

Online
A cloud-based accounting software service for SMEs.
Startup Cost $50,000 - $300,000
Profit Margin 40.00%
Market Growth 12.00%
Market Demand 9%
Hard Difficulty High Investment
Technology

Software and App Companies

Service-based
A mobile app development agency creating custom iOS and Android applications.
Startup Cost $20,000 - $100,000
Profit Margin 35.00%
Market Growth 12.00%
Market Demand 9%
Medium Difficulty Medium Investment
Technology

Technology Consulting

Service-based
Provides IT solutions, software development, and digital transformation services.
Startup Cost $10,000 - $50,000
Profit Margin 20.00%
Market Growth 10.00%
Market Demand 85%
Medium Difficulty Medium Investment
Technology

Technology Consulting

Service-based
A small IT consulting firm offering cloud migration and cybersecurity advisory.
Startup Cost $15,000 - $60,000
Profit Margin 22.00%
Market Growth 11.00%
Market Demand 8%
Medium Difficulty Medium Investment
Technology

Website and Ecommerce Businesses

Online
An e-commerce dropshipping store selling niche products.
Startup Cost $5,000 - $20,000
Profit Margin 15.00%
Market Growth 9.00%
Market Demand 8%
Easy Difficulty Low Investment

Top Cities to Buy a Business in Massachusetts

Frequently Asked Questions About Starting or Buying a Business in Haverhill

Yes. Haverhill has a strong entrepreneurial environment with approximately 4.20 Thousand small and medium businesses operating across multiple industries. The city's 7.20/10 startup ecosystem score and 8.20/10 business environment make it an attractive location for entrepreneurs.

Some of the most profitable businesses in Haverhill include companies operating in manufacturing, healthcare, retail, education. These sectors benefit from strong local demand, growing consumer spending, and increasing business activity.

Startup costs in Haverhill vary depending on the industry and business size. Typical business licensing costs range between USD$: 500 and USD$: 2000. Commercial rent averages around USD$: 20 per square foot in major business districts.

Growing industries in Haverhill include biotech, logistics, services. These sectors are expanding due to increasing demand, population growth, and regional economic development.

Yes. There are many businesses available for acquisition in Haverhill, including restaurants, retail stores, service companies, and franchise resales. Visit the businesses for sale in Haverhill section to explore current listings.

Yes. In many countries, foreign investors are allowed to Buy or acquire businesses. The business registration process typically takes around 14 days depending on regulatory requirements.

The median household income in Haverhill is approximately USD$: 75,300, indicating a stable consumer market and strong spending power for businesses targeting local customers.

The city has a business density of approximately 440 businesses per area, supported by an entrepreneurship rate of 7.50%. This indicates a vibrant and competitive business ecosystem.

Investors are attracted to Haverhill because of its strong economic indicators including GDP growth of 3.20%, a growing population of 68,500, and a high investment attractiveness score of 8.00/10.

Low-investment opportunities in Haverhill include service businesses such as cleaning companies, small retail stores, online businesses, and food service operations. Many entrepreneurs Buy businesses with budgets under USD$: 50,000 depending on licensing requirements and industry type.

Featured Franchises in Haverhill, Massachusetts

Tutuland
Tutuland
Required Capital: USD$: 75,000
Mosquito Marshals
Mosquito Marshals
Required Capital: USD$: 50,000

Featured Brokers in Haverhill, Massachusetts

No featured brokers currently available in Haverhill, Massachusetts.

Featured Businesses for Sale in Haverhill, Massachusetts

No businesses for sale currently listed in Haverhill, Massachusetts.