Franchise Businesses Market: ZIP 84070
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84070 is an urban area with moderate foot traffic. with a population of 30,348 and household incomes above the national median ($79,414).
Area Profile
30,348
Population
$79,414
Median Income
+6% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 32.1 —
mixed-age market, broad menu appeal.
College-Educated: 22.4% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 84070.
22
Business Consultants
7.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,578
Median Gross Rent
$430 K
Median Home Value
12
Bank Branches
$300 M deposits
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
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 22
- Bank Branches
- 12
vs. National Average
Median Income
+6% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
84094
1.9 mi
Pop: 28,277
$102,881
Walk: 13.5
84047
2.6 mi
Pop: 36,573
$73,120
Walk: 15.5
84095
3.8 mi
Pop: 38,240
$123,082
Walk: 11.3
84093
4.4 mi
Pop: 23,998
$132,453
Walk: 12.6
84088
5.1 mi
Pop: 38,915
$100,532
Walk: 13.4
84107
5.6 mi
Pop: 37,548
$73,469
Walk: 14.5
84020
5.7 mi
Pop: 50,159
$130,680
Walk: 8.5
84123
6.0 mi
Pop: 36,913
$80,079
Walk: 13.4
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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