Franchise Businesses Market: ZIP 23075
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23075 is an urban area. with a population of 8,235 and household incomes near the national median ($50,947).
Area Profile
8,235
Population
$50,947
Median Income
-32% vs. national
Urban
Area Type
Median Age: 36.6 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,590
2BR Fair Market Rent
$1,252
Median Gross Rent
$200 K
Median Home Value
1
Bank Branches
$100 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-32% vs. $74,580
Nearby Markets
23250
3.7 mi
Pop: 0
Walk: 8.8
23223
4.3 mi
Pop: 56,569
$56,518
Walk: 13.0
23150
5.9 mi
Pop: 12,152
$76,184
Walk: 7.5
23111
6.4 mi
Pop: 37,699
$96,736
Walk: 5.7
23222
7.2 mi
Pop: 26,809
$58,105
Walk: 13.8
23116
7.4 mi
Pop: 34,058
$139,029
Walk: 6.9
23298
7.9 mi
Pop: 170
Walk: 17.0
23231
8.0 mi
Pop: 37,949
$74,245
Walk: 7.7
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits