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Home ZIP 22314

Franchise Businesses Market: ZIP 22314

Opportunity Score
73 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 22314 is an urban area with high foot traffic. with a population of 35,696 and household incomes well above the national median ($144,359). There are 3 franchise businesses operations in ZIP 22314.

Area Profile

35,696
Population
$144,359
Median Income
+94% vs. national
Urban
Area Type
16.3/20
Foot Traffic
Very Walkable
Median Age: 39.5 — mixed-age market, broad menu appeal.
College-Educated: 65.7% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 22314.

3
Franchise Businesses
Low competition — room to establish
0.8 per 10K residents
132
Business Consultants
37.0 per 10K residents
What this means: Franchise Businesses are 2.2% of the relevant market in ZIP 22314 (3 vs. 132 related businesses). Franchise Businesses are underrepresented — customers have few options, but related business presence proves local demand.

Operating Costs

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

$3,250
2BR Fair Market Rent
$2,312
Median Gross Rent
$860 K
Median Home Value
21
Bank Branches
$3.9 M deposits

Tips for Starting a Franchise Business in Virginia

  • 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 $144,359. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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