FranchiseBudget
Showing results for ZIP 20137 (DC)
Home ZIP 48855

Franchise Businesses Market: ZIP 48855

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48855 is an urban area with low foot traffic. with a population of 16,625 and household incomes well above the national median ($104,552).

Area Profile

16,625
Population
$104,552
Median Income
+40% vs. national
Urban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 39.3 — mixed-age market, broad menu appeal.
College-Educated: 24.0% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 48855.

3
Business Consultants
1.8 per 10K residents

Operating Costs

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

$1,640
2BR Fair Market Rent
$1,485
Median Gross Rent
$320 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.
  • The median income here is $104,552. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits