Franchise Businesses Market: ZIP 32216
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 32216 is an urban area with moderate foot traffic. with a population of 41,323 and household incomes near the national median ($63,253).
Area Profile
41,323
Population
$63,253
Median Income
-15% vs. national
Urban
Area Type
11.3/20
Foot Traffic
Walkable
Median Age: 36.7 —
mixed-age market, broad menu appeal.
College-Educated: 23.1% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 32216.
9
Business Consultants
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,311
Median Gross Rent
$240 K
Median Home Value
2
Bank Branches
$230 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 9
- Bank Branches
- 2
vs. National Average
Median Income
-15% vs. $74,580
Walkability
+0.8 pts vs. national avg
Nearby Markets
32211
3.5 mi
Pop: 36,253
$55,208
Walk: 13.1
32207
4.1 mi
Pop: 35,320
$60,875
Walk: 14.0
32217
4.5 mi
Pop: 21,084
$69,742
Walk: 13.2
32246
4.8 mi
Pop: 60,443
$78,506
Walk: 10.7
32202
5.4 mi
Pop: 6,550
$40,070
32206
6.2 mi
Pop: 16,809
$37,585
Walk: 14.9
32257
6.7 mi
Pop: 41,791
$75,180
Walk: 10.0
32277
6.7 mi
Pop: 35,310
$60,215
Walk: 11.2
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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