FranchiseBudget
Showing results for ZIP 12196 (NY)
Home ZIP 55987

Franchise Businesses Market: ZIP 55987

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55987 is an suburban area with low foot traffic. with a population of 33,911 and household incomes near the national median ($62,171).

Area Profile

33,911
Population
$62,171
Median Income
-17% vs. national
Suburban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 34.9 — mixed-age market, broad menu appeal.
College-Educated: 21.2% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$950
2BR Fair Market Rent
$856
Median Gross Rent
$210 K
Median Home Value
10
Bank Branches
$1.1 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
Suburban
Foot Traffic
Car-Dependent
Bank Branches
10

vs. National Average

Median Income
-17% vs. $74,580
Walkability
-1.9 pts vs. national avg

Check Another Market

Or estimate costs with the FranchiseBudget calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits