Franchise Businesses Market: ZIP 84056
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84056 is an urban area. with a population of 3,644 and household incomes near the national median ($68,853).
Area Profile
3,644
Population
$68,853
Median Income
-8% vs. national
Urban
Area Type
Median Age: 22.2 —
young market, strong street food demand.
College-Educated: 9.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 84056.
3
Business Consultants
8.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,717
Median Gross Rent
$400 K
Median Home Value
Tips for Starting a Franchise Business in Utah
- 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
- Related Businesses
- 3
vs. National Average
Median Income
-8% vs. $74,580
Nearby Markets
84405
2.8 mi
Pop: 34,931
$84,488
Walk: 11.2
84041
4.2 mi
Pop: 54,750
$87,608
Walk: 12.2
84015
4.8 mi
Pop: 70,730
$92,634
Walk: 12.3
84067
4.9 mi
Pop: 38,795
$90,918
Walk: 12.1
84408
5.7 mi
Pop: 150
Walk: 10.6
84401
6.8 mi
Pop: 46,784
$77,333
Walk: 12.8
84040
7.0 mi
Pop: 28,269
$123,297
Walk: 8.6
84075
7.3 mi
Pop: 34,118
$132,459
Walk: 12.1
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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