FranchiseBudget
Showing results for ZIP 22824 (VA)
Home ZIP 14223

Franchise Businesses Market: ZIP 14223

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 14223 is an urban area with moderate foot traffic. with a population of 22,363 and household incomes above the national median ($83,528).

Area Profile

22,363
Population
$83,528
Median Income
+12% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 42.1 — older demographic, may prefer sit-down options.
College-Educated: 33.7% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 14223.

4
Business Consultants
1.8 per 10K residents

Operating Costs

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

$1,100
2BR Fair Market Rent
$976
Median Gross Rent
$200 K
Median Home Value
2
Bank Branches
$370 K deposits

Tips for Starting a Franchise Business in New York

  • 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