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Home ZIP 48390

Franchise Businesses Market: ZIP 48390

Opportunity Score
69 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48390 is an urban area with low foot traffic. with a population of 24,118 and household incomes above the national median ($89,411).

Area Profile

24,118
Population
$89,411
Median Income
+20% vs. national
Urban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 43.4 — older demographic, may prefer sit-down options.
College-Educated: 31.6% — balanced market for quality & value.

Operating Costs

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

$1,850
2BR Fair Market Rent
$1,575
Median Gross Rent
$290 K
Median Home Value
7
Bank Branches
$920 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