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Home ZIP 58056

Franchise Businesses Market: ZIP 58056

Opportunity Score
2 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 58056 is an rural area. with a population of 217 and household incomes below the national median ($29,291).

Area Profile

217
Population
$29,291
Median Income
-61% vs. national
Rural
Area Type
Median Age: 63.1 — older demographic, may prefer sit-down options.
College-Educated: 46.5% — strong appetite for artisan/specialty food.

Operating Costs

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

$970
2BR Fair Market Rent

Tips for Starting a Franchise Business in North Dakota

  • 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.
  • Median income sits at $29,291. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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