Franchise Businesses Market: ZIP 28023
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28023 is an urban area. with a population of 15,255 and household incomes near the national median ($62,064).
Area Profile
15,255
Population
$62,064
Median Income
-17% vs. national
Urban
Area Type
Median Age: 41.9 —
older demographic, may prefer sit-down options.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 28023.
3
Business Consultants
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$942
Median Gross Rent
$210 K
Median Home Value
2
Bank Branches
$130 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-17% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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