Franchise Businesses Market: ZIP 32694
Opportunity Score
28
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 32694 is an urban area with low foot traffic. with a population of 1,870 and household incomes below the national median ($40,455).
Area Profile
1,870
Population
$40,455
Median Income
-46% vs. national
Urban
Area Type
4.5/20
Foot Traffic
Very Car-Dependent
Median Age: 58.9 —
older demographic, may prefer sit-down options.
College-Educated: 19.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,310
2BR Fair Market Rent
$673
Median Gross Rent
$120 K
Median Home Value
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 $40,455. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-46% vs. $74,580
Walkability
-6.0 pts vs. national avg
Nearby Markets
32044
4.2 mi
Pop: 2,394
$45,865
32631
5.9 mi
Pop: 282
32091
8.9 mi
Pop: 16,062
$53,522
Walk: 5.8
32609
9.9 mi
Pop: 19,694
$48,121
Walk: 13.0
32666
12.3 mi
Pop: 5,542
$66,540
Walk: 5.0
32622
12.9 mi
Pop: 1,418
$67,587
32641
12.9 mi
Pop: 15,082
$36,814
Walk: 12.1
32656
13.8 mi
Pop: 15,630
$73,201
Walk: 6.3
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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