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Franchise Businesses Market: ZIP 33487

Opportunity Score

60 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 33487 is an urban area with low foot traffic. with a population of 20,848 and household incomes above the national median ($93,816). There are 7 franchise businesses operations in ZIP 33487.

Area Profile

20,848

Population

$93,816

Median Income

+26% vs. national

Urban

Area Type

8.1/20

Foot Traffic

Car-Dependent

Median Age: 53.7 — older demographic, may prefer sit-down options.

College-Educated: 47.6% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 33487.

Franchise Businesses

Moderate — proven market

3.4 per 10K residents

Business Consultants

29.7 per 10K residents

Small Business Lenders

1.9 per 10K residents

What this means: Franchise Businesses are 9.6% of the relevant market in ZIP 33487 (7 vs. 66 related businesses). Moderate presence with proven demand and room for new operators.

Operating Costs

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

$2,780

2BR Fair Market Rent

$2,382

Median Gross Rent

$570 K

Median Home Value

Bank Branches

$89 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.