Franchise Businesses Market: ZIP 29650
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 29650 is an urban area. with a population of 41,272 and household incomes above the national median ($91,640).
Area Profile
41,272
Population
$91,640
Median Income
+23% vs. national
Urban
Area Type
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 35.4% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 29650.
14
Business Consultants
3.4 per 10K residents
6
Small Business Lenders
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,590
2BR Fair Market Rent
$1,344
Median Gross Rent
$330 K
Median Home Value
13
Bank Branches
$1.3 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
- Related Businesses
- 20
- Bank Branches
- 13
vs. National Average
Median Income
+23% vs. $74,580
Nearby Markets
29615
3.9 mi
Pop: 38,709
$74,200
Walk: 12.1
29614
7.4 mi
Pop: 1,904
Walk: 13.8
29687
7.8 mi
Pop: 43,577
$73,379
Walk: 8.2
29607
7.8 mi
Pop: 43,325
$69,249
Walk: 11.7
29365
8.3 mi
Pop: 14,566
$73,142
29651
8.8 mi
Pop: 54,320
$80,748
Walk: 7.4
29662
8.8 mi
Pop: 15,115
$80,594
Walk: 9.8
29609
9.0 mi
Pop: 31,080
$64,837
Walk: 12.4
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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