Franchise Businesses Market: ZIP 55450
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55450 is an urban area with moderate foot traffic.
Area Profile
0
Population
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
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
- Walkable
vs. National Average
Walkability
+1.4 pts vs. national avg
Nearby Markets
55425
1.5 mi
Pop: 10,562
$68,517
Walk: 12.0
55417
2.4 mi
Pop: 25,677
$122,639
Walk: 14.1
55111
3.0 mi
Pop: 100
55423
3.6 mi
Pop: 36,779
$84,102
Walk: 14.4
55420
4.2 mi
Pop: 24,008
$77,539
Walk: 14.1
55407
4.6 mi
Pop: 36,992
$78,206
Walk: 14.5
55406
4.6 mi
Pop: 35,863
$91,865
Walk: 15.4
55419
4.7 mi
Pop: 29,728
$143,254
Walk: 14.4
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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