FranchiseBudget
Showing results for ZIP 35214 (AL)
Home ZIP 23836

Franchise Businesses Market: ZIP 23836

Opportunity Score
69 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 23836 is an urban area with low foot traffic. with a population of 13,891 and household incomes well above the national median ($102,114).

Area Profile

13,891
Population
$102,114
Median Income
+37% vs. national
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Median Age: 39.5 — mixed-age market, broad menu appeal.
College-Educated: 27.0% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 23836.

4
Business Consultants
2.9 per 10K residents

Operating Costs

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

$1,970
2BR Fair Market Rent
$1,622
Median Gross Rent
$340 K
Median Home Value
3
Bank Branches
$150 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 $102,114. 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
4
Bank Branches
3

vs. National Average

Median Income
+37% vs. $74,580
Walkability
-4.7 pts vs. national avg

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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