Franchise Businesses Market: ZIP 48893
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48893 is an suburban area with low foot traffic. with a population of 5,660 and household incomes near the national median ($71,081).
Area Profile
5,660
Population
$71,081
Median Income
-5% vs. national
Suburban
Area Type
4.4/20
Foot Traffic
Very Car-Dependent
Median Age: 43.7 —
older demographic, may prefer sit-down options.
College-Educated: 15.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$1,475
Median Gross Rent
$170 K
Median Home Value
3
Bank Branches
$85 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.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
-5% vs. $74,580
Walkability
-6.1 pts vs. national avg
Nearby Markets
49340
9.6 mi
Pop: 2,479
$55,568
Walk: 4.4
48632
11.5 mi
Pop: 4,995
$51,740
Walk: 5.7
49305
12.0 mi
Pop: 2,487
$49,536
Walk: 4.4
48622
12.3 mi
Pop: 5,970
$57,500
Walk: 8.9
49310
12.6 mi
Pop: 2,989
$63,056
Walk: 5.3
48896
12.9 mi
Pop: 218
$130,909
48858
14.3 mi
Pop: 42,732
$48,794
Walk: 9.5
48878
14.6 mi
Pop: 1,253
$51,875
Walk: 3.1
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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