FranchiseBudget
Showing results for ZIP 37388 (TN)
Home ZIP 22959

Franchise Businesses Market: ZIP 22959

Opportunity Score
53 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 22959 is an urban area with low foot traffic. with a population of 1,802 and household incomes well above the national median ($110,066).

Area Profile

1,802
Population
$110,066
Median Income
+48% vs. national
Urban
Area Type
5.4/20
Foot Traffic
Very Car-Dependent
Median Age: 51.3 — older demographic, may prefer sit-down options.
College-Educated: 34.2% — balanced market for quality & value.

Operating Costs

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

$1,520
2BR Fair Market Rent
$831
Median Gross Rent
$550 K
Median Home Value
1
Bank Branches
$21 K 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 $110,066. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Bank Branches
1

vs. National Average

Median Income
+48% vs. $74,580
Walkability
-5.1 pts vs. national avg

Check Another Market

Or estimate costs with the FranchiseBudget calculator.

Data sources

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