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Showing results for ZIP 38473 (TN)
Home ZIP 48179

Franchise Businesses Market: ZIP 48179

Opportunity Score
53 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48179 is an urban area with low foot traffic. with a population of 3,353 and household incomes above the national median ($78,750).

Area Profile

3,353
Population
$78,750
Median Income
+6% vs. national
Urban
Area Type
4.2/20
Foot Traffic
Very Car-Dependent
Median Age: 40.4 — older demographic, may prefer sit-down options.
College-Educated: 14.2% — value-focused market, keep prices competitive.

Operating Costs

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

$1,580
2BR Fair Market Rent
$1,328
Median Gross Rent
$230 K
Median Home Value

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