Franchise Businesses Market: ZIP 48070
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48070 is an urban area with low foot traffic. with a population of 6,322 and household incomes well above the national median ($188,229).
Area Profile
6,322
Population
$188,229
Median Income
+152% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 43.8 —
older demographic, may prefer sit-down options.
College-Educated: 57.6% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 48070.
7
Business Consultants
11.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
$2,266
Median Gross Rent
$470 K
Median Home Value
2
Bank Branches
$640 K deposits
Tips for Starting a Franchise Business in Michigan
- 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.
- The median income here is $188,229. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 2
vs. National Average
Median Income
+152% vs. $74,580
Walkability
-1.3 pts vs. national avg
Nearby Markets
48237
1.5 mi
Pop: 29,370
$65,882
Walk: 9.1
48072
1.6 mi
Pop: 15,084
$113,103
Walk: 9.7
48069
1.8 mi
Pop: 2,607
$161,058
Walk: 7.7
48067
2.2 mi
Pop: 24,496
$107,355
Walk: 9.1
48073
2.6 mi
Pop: 33,427
$86,426
Walk: 8.0
48220
2.8 mi
Pop: 21,502
$86,095
Walk: 10.2
48017
4.0 mi
Pop: 11,271
$86,935
Walk: 9.6
48221
4.0 mi
Pop: 41,750
$55,583
Walk: 12.9
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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