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Franchise Businesses Market: ZIP 32931

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 32931 is an urban area with moderate foot traffic. with a population of 13,893 and household incomes above the national median ($84,769).

Area Profile

13,893
Population
$84,769
Median Income
+14% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 58.8 — older demographic, may prefer sit-down options.
College-Educated: 45.1% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 32931.

9
Business Consultants
6.5 per 10K residents

Operating Costs

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

$1,820
2BR Fair Market Rent
$1,533
Median Gross Rent
$480 K
Median Home Value
5
Bank Branches
$540 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits