Franchise Businesses Market: ZIP 55369
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55369 is an urban area with low foot traffic. with a population of 38,711 and household incomes well above the national median ($112,541).
Area Profile
38,711
Population
$112,541
Median Income
+51% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 40.5 —
older demographic, may prefer sit-down options.
College-Educated: 37.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 55369.
9
Business Consultants
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,150
2BR Fair Market Rent
$1,792
Median Gross Rent
$360 K
Median Home Value
15
Bank Branches
$1.9 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.
- The median income here is $112,541. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 15
vs. National Average
Median Income
+51% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
55311
3.6 mi
Pop: 37,873
$148,122
Walk: 8.7
55445
4.8 mi
Pop: 13,538
$103,227
Walk: 12.3
55316
5.3 mi
Pop: 23,450
$115,719
Walk: 11.4
55327
5.5 mi
Pop: 5,542
$133,721
55442
5.6 mi
Pop: 13,197
$121,714
Walk: 10.8
55428
6.3 mi
Pop: 32,679
$69,004
Walk: 13.7
55446
6.7 mi
Pop: 27,627
$169,412
55443
7.6 mi
Pop: 33,318
$88,220
Walk: 9.4
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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