Franchise Businesses Market: ZIP 48820
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48820 is an urban area with low foot traffic. with a population of 18,109 and household incomes well above the national median ($106,651).
Area Profile
18,109
Population
$106,651
Median Income
+43% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 43.7 —
older demographic, may prefer sit-down options.
College-Educated: 32.4% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 48820.
5
Business Consultants
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$1,098
Median Gross Rent
$320 K
Median Home Value
2
Bank Branches
$130 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.
- The median income here is $106,651. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 2
vs. National Average
Median Income
+43% vs. $74,580
Walkability
-3.3 pts vs. national avg
Nearby Markets
48906
5.2 mi
Pop: 25,960
$61,533
Walk: 8.4
48915
8.7 mi
Pop: 9,315
$51,653
Walk: 14.6
48933
9.6 mi
Pop: 3,349
$36,895
Walk: 13.7
48912
9.9 mi
Pop: 17,398
$53,072
Walk: 13.8
48879
9.9 mi
Pop: 18,472
$78,845
Walk: 5.5
48808
10.0 mi
Pop: 6,424
$82,910
48917
10.1 mi
Pop: 32,029
$73,259
Walk: 10.9
48823
11.4 mi
Pop: 49,379
$50,837
Walk: 13.1
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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