Franchise Businesses Market: ZIP 48243
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48243 is an urban area with high foot traffic.
Area Profile
0
Population
Urban
Area Type
19.0/20
Foot Traffic
Very Walkable
Competition
Franchise Businesses and related businesses in ZIP 48243.
4
Business Consultants
per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 4
vs. National Average
Walkability
+8.5 pts vs. national avg
Nearby Markets
48226
0.8 mi
Pop: 6,893
$69,813
Walk: 18.0
48233
1.7 mi
Pop: 0
Walk: 16.5
48201
1.8 mi
Pop: 14,327
$24,392
Walk: 14.5
48207
2.3 mi
Pop: 20,068
$44,561
Walk: 14.9
48216
2.8 mi
Pop: 5,681
$42,278
Walk: 14.2
48211
3.6 mi
Pop: 5,556
$33,347
Walk: 12.6
48208
3.8 mi
Pop: 7,904
$29,742
Walk: 14.2
48202
4.1 mi
Pop: 14,792
$36,536
Walk: 13.4
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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