FranchiseBudget
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Home ZIP 43055

Franchise Businesses Market: ZIP 43055

Opportunity Score
57 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 43055 is an urban area with low foot traffic. with a population of 62,697 and household incomes near the national median ($61,807).

Area Profile

62,697
Population
$61,807
Median Income
-17% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 39.1 — mixed-age market, broad menu appeal.
College-Educated: 15.3% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 43055.

5
Business Consultants
0.8 per 10K residents

Operating Costs

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

$1,180
2BR Fair Market Rent
$920
Median Gross Rent
$190 K
Median Home Value
15
Bank Branches
$1.7 M deposits

Tips for Starting a Franchise Business in Ohio

  • 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
Car-Dependent
Related Businesses
5
Bank Branches
15

vs. National Average

Median Income
-17% vs. $74,580
Walkability
-2.9 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