Franchise Businesses Market: ZIP 55079
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55079 is an urban area with low foot traffic. with a population of 8,840 and household incomes well above the national median ($111,484).
Area Profile
8,840
Population
$111,484
Median Income
+49% vs. national
Urban
Area Type
4.4/20
Foot Traffic
Very Car-Dependent
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 12.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,650
2BR Fair Market Rent
$1,547
Median Gross Rent
$340 K
Median Home Value
1
Bank Branches
$30 K deposits
Tips for Starting a Franchise Business in Minnesota
- 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 $111,484. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+49% vs. $74,580
Walkability
-6.1 pts vs. national avg
Nearby Markets
55092
7.4 mi
Pop: 11,103
$97,241
Walk: 5.1
55056
8.3 mi
Pop: 14,279
$93,601
Walk: 6.9
55025
11.1 mi
Pop: 25,759
$95,993
Walk: 9.9
55013
11.2 mi
Pop: 7,030
$99,898
55032
12.1 mi
Pop: 3,353
$106,522
55005
12.7 mi
Pop: 4,756
$109,464
55045
14.4 mi
Pop: 7,854
$110,685
Walk: 9.0
55011
15.8 mi
Pop: 11,025
$126,957
Walk: 4.0
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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