FranchiseBudget
Showing results for ZIP 55764 (MN)
Home ZIP 20640

Franchise Businesses Market: ZIP 20640

Opportunity Score
68 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20640 is an rural area with low foot traffic. with a population of 10,254 and household incomes above the national median ($95,560).

Area Profile

10,254
Population
$95,560
Median Income
+28% vs. national
Rural
Area Type
6.6/20
Foot Traffic
Car-Dependent
Median Age: 38.5 — mixed-age market, broad menu appeal.
College-Educated: 17.0% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 20640.

3
Business Consultants
2.9 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,090
2BR Fair Market Rent
$1,752
Median Gross Rent
$310 K
Median Home Value

Tips for Starting a Franchise Business in Maryland

  • Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
  • Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
  • Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
  • Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
  • This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits