FranchiseBudget
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Home ZIP 58501

Franchise Businesses Market: ZIP 58501

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 58501 is an urban area with low foot traffic. with a population of 28,571 and household incomes near the national median ($69,796).

Area Profile

28,571
Population
$69,796
Median Income
-6% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 37.1 — mixed-age market, broad menu appeal.
College-Educated: 24.1% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 58501.

11
Business Consultants
3.9 per 10K residents

Operating Costs

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

$1,000
2BR Fair Market Rent
$938
Median Gross Rent
$280 K
Median Home Value
16
Bank Branches
$3.2 M deposits

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.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Related Businesses
11
Bank Branches
16

vs. National Average

Median Income
-6% vs. $74,580
Walkability
-1.8 pts vs. national avg

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Data sources

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