Franchise Businesses Market: ZIP 70714
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70714 is an urban area with low foot traffic. with a population of 17,449 and household incomes near the national median ($60,333).
Area Profile
17,449
Population
$60,333
Median Income
-19% vs. national
Urban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 15.8% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 70714.
4
Small Business Lenders
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,160
2BR Fair Market Rent
$1,026
Median Gross Rent
$160 K
Median Home Value
3
Bank Branches
$95 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 3
vs. National Average
Median Income
-19% vs. $74,580
Walkability
-3.7 pts vs. national avg
Nearby Markets
70811
3.5 mi
Pop: 13,178
$41,195
Walk: 5.4
70791
4.8 mi
Pop: 30,097
$80,243
Walk: 4.5
70807
6.0 mi
Pop: 15,574
$27,064
Walk: 4.3
70812
6.1 mi
Pop: 11,124
$41,402
Walk: 6.4
70818
6.2 mi
Pop: 10,403
$77,262
Walk: 5.6
70813
6.3 mi
Pop: 1,829
Walk: 5.2
70805
7.1 mi
Pop: 24,145
$26,301
Walk: 7.7
70814
8.4 mi
Pop: 11,424
$53,280
Walk: 6.7
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits