FranchiseBudget
Showing results for ZIP 68763 (NE)
Home ZIP 48105

Franchise Businesses Market: ZIP 48105

Opportunity Score
77 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48105 is an urban area with moderate foot traffic. with a population of 36,959 and household incomes above the national median ($94,737).

Area Profile

36,959
Population
$94,737
Median Income
+27% vs. national
Urban
Area Type
12.1/20
Foot Traffic
Walkable
Median Age: 31.8 — mixed-age market, broad menu appeal.
College-Educated: 52.0% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 48105.

14
Business Consultants
3.8 per 10K residents

Operating Costs

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

$1,860
2BR Fair Market Rent
$1,603
Median Gross Rent
$490 K
Median Home Value
7
Bank Branches
$1.1 M 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