FranchiseBudget
Showing results for ZIP 83301 (ID)
Home ZIP 20007

Franchise Businesses Market: ZIP 20007

Opportunity Score
91 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20007 is an urban area with moderate foot traffic. with a population of 23,696 and household incomes well above the national median ($142,783).

Area Profile

23,696
Population
$142,783
Median Income
+91% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 38.4 — mixed-age market, broad menu appeal.
College-Educated: 63.7% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 20007.

39
Business Consultants
16.5 per 10K residents

Operating Costs

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

$2,550
2BR Fair Market Rent
$2,066
Median Gross Rent
$1.2 M
Median Home Value
13
Bank Branches
$1.8 M deposits

Tips for Starting a Franchise Business in District of Columbia

  • 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.
  • The median income here is $142,783. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Related Businesses
39
Bank Branches
13

vs. National Average

Median Income
+91% vs. $74,580
Walkability
+4.3 pts vs. national avg

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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