Franchise Businesses Market: ZIP 55107
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55107 is an urban area with high foot traffic. with a population of 15,533 and household incomes above the national median ($78,125).
Area Profile
15,533
Population
$78,125
Median Income
+5% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 36.0 —
mixed-age market, broad menu appeal.
College-Educated: 21.0% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 55107.
4
Business Consultants
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,335
Median Gross Rent
$260 K
Median Home Value
4
Bank Branches
$370 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
+5% vs. $74,580
Walkability
+5.2 pts vs. national avg
Nearby Markets
55101
1.5 mi
Pop: 7,937
$72,703
55155
2.0 mi
Pop: 0
Walk: 13.9
55118
2.9 mi
Pop: 29,396
$85,229
Walk: 12.6
55130
2.9 mi
Pop: 18,634
$53,281
Walk: 14.3
55106
2.9 mi
Pop: 56,969
$68,601
Walk: 13.7
55102
2.9 mi
Pop: 19,565
$74,143
Walk: 16.7
55103
3.8 mi
Pop: 13,892
$47,872
Walk: 16.0
55075
3.9 mi
Pop: 20,651
$84,573
Walk: 13.4
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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