Franchise Businesses Market: ZIP 23250
Opportunity Score
22
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23250 is an urban area with low foot traffic.
Area Profile
0
Population
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,770
2BR Fair Market Rent
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
- Foot Traffic
- Car-Dependent
vs. National Average
Walkability
-1.7 pts vs. national avg
Nearby Markets
23075
3.7 mi
Pop: 8,235
$50,947
23231
4.3 mi
Pop: 37,949
$74,245
Walk: 7.7
23150
4.7 mi
Pop: 12,152
$76,184
Walk: 7.5
23223
5.4 mi
Pop: 56,569
$56,518
Walk: 13.0
23298
7.9 mi
Pop: 170
Walk: 17.0
23219
8.2 mi
Pop: 3,856
$62,533
23222
8.7 mi
Pop: 26,809
$58,105
Walk: 13.8
23111
9.2 mi
Pop: 37,699
$96,736
Walk: 5.7
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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