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Franchise Businesses Market: ZIP 20602

Opportunity Score

77 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20602 is an urban area with low foot traffic. with a population of 29,425 and household incomes well above the national median ($108,733).

29,425

Population

$108,733

Median Income

+46% vs. national

Urban

Area Type

8.6/20

Foot Traffic

Car-Dependent

Median Age: 35.3 — mixed-age market, broad menu appeal.

College-Educated: 19.2% — value-focused market, keep prices competitive.

Franchise Businesses and related businesses in ZIP 20602.

Business Consultants

2.7 per 10K residents

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

$2,170

2BR Fair Market Rent

$1,803

Median Gross Rent

$360 K

Median Home Value

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 $108,733. That gives you pricing room most markets don't offer. Don't underprice.