Franchise Businesses Market: ZIP 32114
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 32114 is an urban area with moderate foot traffic. with a population of 36,984 and household incomes below the national median ($39,906).
Area Profile
36,984
Population
$39,906
Median Income
-46% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 32.2 —
mixed-age market, broad menu appeal.
College-Educated: 11.7% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 32114.
6
Business Consultants
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,650
2BR Fair Market Rent
$1,171
Median Gross Rent
$170 K
Median Home Value
13
Bank Branches
$1.5 M deposits
Tips for Starting a Franchise Business in Florida
- 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.
- Median income sits at $39,906. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 13
vs. National Average
Median Income
-46% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
32119
2.6 mi
Pop: 22,562
$53,795
Walk: 11.2
32117
3.2 mi
Pop: 29,831
$52,132
Walk: 14.0
32118
3.3 mi
Pop: 18,075
$60,418
Walk: 13.8
32129
4.1 mi
Pop: 23,356
$65,936
Walk: 11.9
32128
6.6 mi
Pop: 22,366
$84,164
32127
7.6 mi
Pop: 28,430
$65,260
Walk: 11.2
32124
8.1 mi
Pop: 9,592
$89,842
32176
9.9 mi
Pop: 14,344
$72,248
Walk: 12.2
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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