Franchise Businesses Market: ZIP 34120
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 34120 is an urban area. with a population of 39,919 and household incomes above the national median ($90,695).
Area Profile
39,919
Population
$90,695
Median Income
+22% vs. national
Urban
Area Type
Median Age: 44.3 —
older demographic, may prefer sit-down options.
College-Educated: 22.8% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 34120.
16
Business Consultants
4.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,310
2BR Fair Market Rent
$2,067
Median Gross Rent
$460 K
Median Home Value
1
Bank Branches
$90 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 16
- Bank Branches
- 1
vs. National Average
Median Income
+22% vs. $74,580
Nearby Markets
34119
9.9 mi
Pop: 35,914
$109,260
Walk: 6.3
34135
11.2 mi
Pop: 46,983
$86,731
Walk: 7.5
33928
11.6 mi
Pop: 30,786
$100,264
Walk: 7.9
34116
12.3 mi
Pop: 34,872
$69,204
Walk: 7.7
34109
13.5 mi
Pop: 26,644
$91,073
Walk: 9.0
34117
13.6 mi
Pop: 19,680
$106,155
34110
14.2 mi
Pop: 24,681
$95,275
Walk: 7.8
34105
15.2 mi
Pop: 16,102
$94,702
Walk: 6.9
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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