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Home ZIP 28216

Franchise Businesses Market: ZIP 28216

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 28216 is an urban area with moderate foot traffic. with a population of 54,052 and household incomes near the national median ($64,977).

Area Profile

54,052
Population
$64,977
Median Income
-13% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 35.6 — mixed-age market, broad menu appeal.
College-Educated: 24.8% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 28216.

14
Business Consultants
2.6 per 10K residents

Operating Costs

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

$1,830
2BR Fair Market Rent
$1,464
Median Gross Rent
$250 K
Median Home Value
10
Bank Branches
$490 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
Foot Traffic
Walkable
Related Businesses
14
Bank Branches
10

vs. National Average

Median Income
-13% vs. $74,580
Walkability
+0.3 pts vs. national avg

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Data sources

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