Franchise Businesses Market: ZIP 55110
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55110 is an urban area with low foot traffic. with a population of 37,272 and household incomes above the national median ($97,211).
Area Profile
37,272
Population
$97,211
Median Income
+30% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 33.0% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 55110.
13
Business Consultants
3.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$1,494
Median Gross Rent
$350 K
Median Home Value
10
Bank Branches
$1.3 M 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 Car-Dependent
- Related Businesses
- 13
- Bank Branches
- 10
vs. National Average
Median Income
+30% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
55090
4.0 mi
Pop: 377
$80,179
55115
4.1 mi
Pop: 8,926
$132,796
Walk: 7.0
55127
5.1 mi
Pop: 18,607
$113,355
Walk: 8.9
55109
5.3 mi
Pop: 34,266
$81,759
Walk: 14.0
55038
6.0 mi
Pop: 24,246
$127,194
Walk: 7.5
55128
7.6 mi
Pop: 28,945
$89,642
Walk: 10.2
55117
8.5 mi
Pop: 44,095
$71,784
Walk: 13.7
55126
9.4 mi
Pop: 27,484
$109,017
Walk: 8.6
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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