FranchiseBudget
Showing results for ZIP 48843 (MI)
Home ZIP 98531

Franchise Businesses Market: ZIP 98531

Opportunity Score
59 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98531 is an suburban area with low foot traffic. with a population of 27,356 and household incomes near the national median ($61,963).

Area Profile

27,356
Population
$61,963
Median Income
-17% vs. national
Suburban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 38.4 — mixed-age market, broad menu appeal.
College-Educated: 14.8% — value-focused market, keep prices competitive.

Operating Costs

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

$1,630
2BR Fair Market Rent
$1,068
Median Gross Rent
$290 K
Median Home Value
5
Bank Branches
$350 K deposits

Tips for Starting a Franchise Business in Washington

  • 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.

Data sources

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