FranchiseBudget
Showing results for ZIP 68729 (NE)
Home ZIP 20905

Franchise Businesses Market: ZIP 20905

Opportunity Score
83 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20905 is an urban area with low foot traffic. with a population of 18,268 and household incomes well above the national median ($155,023).

Area Profile

18,268
Population
$155,023
Median Income
+108% vs. national
Urban
Area Type
9.6/20
Foot Traffic
Very Car-Dependent
Median Age: 42.0 — older demographic, may prefer sit-down options.
College-Educated: 38.8% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 20905.

7
Business Consultants
3.8 per 10K residents

Operating Costs

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

$2,270
2BR Fair Market Rent
$2,015
Median Gross Rent
$640 K
Median Home Value

Tips for Starting a Franchise Business in Maryland

  • 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 $155,023. 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
7

vs. National Average

Median Income
+108% vs. $74,580
Walkability
-0.9 pts vs. national avg

Check Another Market

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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