Franchise Businesses Market: ZIP 29640
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 29640 is an urban area with low foot traffic. with a population of 32,997 and household incomes near the national median ($60,596).
Area Profile
32,997
Population
$60,596
Median Income
-19% vs. national
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Median Age: 40.4 —
older demographic, may prefer sit-down options.
College-Educated: 15.0% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 29640.
4
Business Consultants
1.2 per 10K residents
13
Small Business Lenders
3.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$952
Median Gross Rent
$200 K
Median Home Value
12
Bank Branches
$1.4 M deposits
Tips for Starting a Franchise Business in South 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
- Related Businesses
- 17
- Bank Branches
- 12
vs. National Average
Median Income
-19% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
29642
7.0 mi
Pop: 35,721
$77,604
Walk: 8.7
29617
8.0 mi
Pop: 26,801
$54,146
Walk: 11.6
29611
8.7 mi
Pop: 33,387
$47,046
Walk: 11.3
29613
9.8 mi
Pop: 2,301
29657
10.8 mi
Pop: 16,072
$56,949
Walk: 5.7
29671
11.0 mi
Pop: 19,210
$65,429
Walk: 5.1
29683
12.0 mi
Pop: 337
Walk: 5.9
29601
12.1 mi
Pop: 13,452
$73,321
Walk: 17.7
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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