Franchise Businesses Market: ZIP 27587
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27587 is an urban area with low foot traffic. with a population of 81,902 and household incomes well above the national median ($125,607).
Area Profile
81,902
Population
$125,607
Median Income
+68% vs. national
Urban
Area Type
9.8/20
Foot Traffic
Very Car-Dependent
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 38.2% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 27587.
52
Business Consultants
6.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,415
Median Gross Rent
$450 K
Median Home Value
12
Bank Branches
$860 K deposits
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.
- The median income here is $125,607. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 52
- Bank Branches
- 12
vs. National Average
Median Income
+68% vs. $74,580
Walkability
-0.7 pts vs. national avg
Nearby Markets
27614
5.3 mi
Pop: 33,021
$122,258
Walk: 6.2
27571
7.3 mi
Pop: 8,908
$129,340
27616
7.9 mi
Pop: 61,161
$81,534
Walk: 10.9
27615
8.1 mi
Pop: 45,722
$107,051
Walk: 10.5
27596
8.1 mi
Pop: 19,574
$90,189
Walk: 6.4
27604
10.9 mi
Pop: 44,094
$72,793
Walk: 15.3
27609
11.0 mi
Pop: 35,548
$81,538
Walk: 13.4
27613
11.7 mi
Pop: 44,357
$119,362
Walk: 8.9
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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