Franchise Businesses Market: ZIP 34117
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 34117 is an urban area. with a population of 19,680 and household incomes well above the national median ($106,155).
Area Profile
19,680
Population
$106,155
Median Income
+42% vs. national
Urban
Area Type
Median Age: 40.1 —
older demographic, may prefer sit-down options.
College-Educated: 14.5% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 34117.
4
Business Consultants
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,771
Median Gross Rent
$420 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.
- The median income here is $106,155. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+42% vs. $74,580
Nearby Markets
34114
11.4 mi
Pop: 22,296
$81,314
Walk: 6.2
34137
12.1 mi
Pop: 480
34116
12.2 mi
Pop: 34,872
$69,204
Walk: 7.7
34112
13.1 mi
Pop: 25,946
$68,838
Walk: 8.1
34104
13.4 mi
Pop: 25,873
$70,301
Walk: 6.9
34120
13.6 mi
Pop: 39,919
$90,695
34113
13.7 mi
Pop: 25,202
$76,539
Walk: 6.6
34119
15.4 mi
Pop: 35,914
$109,260
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