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Home ZIP 48094

Franchise Businesses Market: ZIP 48094

Opportunity Score
71 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48094 is an urban area with low foot traffic. with a population of 20,638 and household incomes above the national median ($96,781).

Area Profile

20,638
Population
$96,781
Median Income
+30% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 43.6 — older demographic, may prefer sit-down options.
College-Educated: 25.3% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 48094.

4
Business Consultants
1.9 per 10K residents

Operating Costs

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

$1,530
2BR Fair Market Rent
$1,339
Median Gross Rent
$400 K
Median Home Value
4
Bank Branches
$660 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits