FranchiseBudget
Showing results for ZIP 26627 (WV)
Home ZIP 62958

Franchise Businesses Market: ZIP 62958

Opportunity Score
40 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62958 is an suburban area with low foot traffic. with a population of 2,069 and household incomes near the national median ($68,309).

Area Profile

2,069
Population
$68,309
Median Income
-8% vs. national
Suburban
Area Type
4.9/20
Foot Traffic
Very Car-Dependent
Median Age: 46.5 — older demographic, may prefer sit-down options.
College-Educated: 35.8% — balanced market for quality & value.

Operating Costs

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

$980
2BR Fair Market Rent
$895
Median Gross Rent
$150 K
Median Home Value

Tips for Starting a Franchise Business in Illinois

  • 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.

Data sources

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