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Home ZIP 34120

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.

Data sources

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