Franchise Businesses Market: ZIP 49464
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49464 is an urban area with low foot traffic. with a population of 29,738 and household incomes above the national median ($97,573).
Area Profile
29,738
Population
$97,573
Median Income
+31% vs. national
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 23.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 49464.
4
Business Consultants
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,280
2BR Fair Market Rent
$976
Median Gross Rent
$320 K
Median Home Value
6
Bank Branches
$600 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
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 6
vs. National Average
Median Income
+31% vs. $74,580
Walkability
-4.7 pts vs. national avg
Nearby Markets
49426
6.8 mi
Pop: 39,986
$106,981
Walk: 5.9
49401
9.3 mi
Pop: 28,941
$73,020
Walk: 5.1
49423
10.0 mi
Pop: 46,693
$78,524
Walk: 7.8
49424
10.1 mi
Pop: 48,995
$82,353
Walk: 6.0
49428
11.5 mi
Pop: 28,090
$92,290
Walk: 6.7
49419
11.6 mi
Pop: 8,730
$92,708
Walk: 4.5
49430
12.9 mi
Pop: 48
49460
13.0 mi
Pop: 8,891
$97,194
Walk: 4.7
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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