Franchise Businesses Market: ZIP 33131
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 33131 is an urban area with high foot traffic. with a population of 23,289 and household incomes well above the national median ($143,114). There are 3 franchise businesses operations in ZIP 33131.
Area Profile
23,289
Population
$143,114
Median Income
+92% vs. national
Urban
Area Type
16.7/20
Foot Traffic
Very Walkable
Median Age: 36.3 —
mixed-age market, broad menu appeal.
College-Educated: 63.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 33131.
3
Franchise Businesses
Low competition — room to establish
1.3 per 10K residents
190
Business Consultants
81.6 per 10K residents
10
Small Business Lenders
4.3 per 10K residents
What this means:
Franchise Businesses are 1.5% of the relevant market in ZIP 33131 (3 vs. 200 related businesses).
Franchise Businesses are underrepresented — customers have few options, but related business presence proves local demand.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,490
2BR Fair Market Rent
$2,847
Median Gross Rent
$620 K
Median Home Value
41
Bank Branches
$49 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.
- The median income here is $143,114. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Franchise Businesses
- 3
- Related Businesses
- 200
- Bank Branches
- 41
vs. National Average
Median Income
+92% vs. $74,580
Walkability
+6.2 pts vs. national avg
Nearby Markets
33132
1.1 mi
Pop: 18,244
$109,505
Walk: 14.9
33129
1.2 mi
Pop: 14,717
$102,969
Walk: 10.8
33130
1.3 mi
Pop: 32,363
$57,933
Walk: 15.3
33101
1.4 mi
Pop: 0
33128
1.5 mi
Pop: 9,018
$36,308
33136
2.1 mi
Pop: 16,611
$43,481
Walk: 15.4
33139
2.5 mi
Pop: 34,406
$63,368
Walk: 15.8
33137
3.4 mi
Pop: 27,300
$82,798
Walk: 16.0
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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