Franchise Businesses Market: ZIP 28740
Opportunity Score
28
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28740 is an rural area with low foot traffic. with a population of 1,872 and household incomes below the national median ($41,912).
Area Profile
1,872
Population
$41,912
Median Income
-44% vs. national
Rural
Area Type
4.5/20
Foot Traffic
Very Car-Dependent
Median Age: 61.8 —
older demographic, may prefer sit-down options.
College-Educated: 13.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$956
Median Gross Rent
$200 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.
- Median income sits at $41,912. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-44% vs. $74,580
Walkability
-6.0 pts vs. national avg
Nearby Markets
28755
10.1 mi
Pop: 0
28714
10.2 mi
Pop: 16,621
$56,551
Walk: 7.0
28705
10.6 mi
Pop: 6,733
$54,350
Walk: 4.6
37692
11.0 mi
Pop: 4,784
$50,469
Walk: 5.4
37650
12.1 mi
Pop: 13,109
$49,671
Walk: 9.2
37657
17.6 mi
Pop: 839
$71,581
Walk: 3.0
28754
17.7 mi
Pop: 9,897
$68,750
Walk: 4.7
37687
17.8 mi
Pop: 4,379
$45,660
Walk: 3.1
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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