FranchiseBudget
Home ZIP 84723

Franchise Businesses Market: ZIP 84723

Opportunity Score
30 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 84723 is an rural area. with a population of 431 and household incomes near the national median ($74,375).

Area Profile

431
Population
$74,375
Median Income
+0% vs. national
Rural
Area Type
Median Age: 34.0 — mixed-age market, broad menu appeal.
College-Educated: 19.7% — value-focused market, keep prices competitive.

Operating Costs

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

$990
2BR Fair Market Rent
$850
Median Gross Rent
$260 K
Median Home Value
1
Bank Branches
$37 K 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.
  • This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.

Quick Facts

Area Type
Rural
Bank Branches
1

vs. National Average

Median Income
+0% vs. $74,580

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Data sources

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