FranchiseBudget
Showing results for ZIP 98055 (WA)
Home ZIP 70117

Franchise Businesses Market: ZIP 70117

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

Market Summary

ZIP 70117 is an urban area with moderate foot traffic. with a population of 26,250 and household incomes below the national median ($41,645).

Area Profile

26,250
Population
$41,645
Median Income
-44% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 39.2 — mixed-age market, broad menu appeal.
College-Educated: 26.1% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 70117.

7
Business Consultants
2.7 per 10K residents

Operating Costs

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

$1,340
2BR Fair Market Rent
$1,191
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$49 K deposits

Tips for Starting a Franchise Business in Louisiana

  • 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 $41,645. 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