Franchise Businesses Market: ZIP 27047
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27047 is an urban area with low foot traffic. with a population of 1,473 and household incomes above the national median ($79,702).
Area Profile
1,473
Population
$79,702
Median Income
+7% vs. national
Urban
Area Type
3.5/20
Foot Traffic
Very Car-Dependent
Median Age: 32.1 —
mixed-age market, broad menu appeal.
College-Educated: 14.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$190 K
Median Home Value
Tips for Starting a Franchise Business in North Carolina
- 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+7% vs. $74,580
Walkability
-7.0 pts vs. national avg
Nearby Markets
27007
5.4 mi
Pop: 2,294
$85,911
27043
8.5 mi
Pop: 6,885
$75,513
Walk: 6.8
27018
8.8 mi
Pop: 7,838
$66,725
27041
9.1 mi
Pop: 7,506
$68,328
Walk: 4.2
27011
10.7 mi
Pop: 5,109
$66,861
27050
12.6 mi
Pop: 3,701
$85,820
Walk: 4.6
27030
12.8 mi
Pop: 36,350
$47,213
Walk: 6.2
27017
13.7 mi
Pop: 9,594
$57,087
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits