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Home ZIP 80016

Franchise Businesses Market: ZIP 80016

Opportunity Score
83 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 80016 is an urban area with low foot traffic. with a population of 66,479 and household incomes well above the national median ($148,421).

Area Profile

66,479
Population
$148,421
Median Income
+99% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 39.9 — mixed-age market, broad menu appeal.
College-Educated: 38.2% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 80016.

46
Business Consultants
6.9 per 10K residents

Operating Costs

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

$2,460
2BR Fair Market Rent
$2,140
Median Gross Rent
$710 K
Median Home Value
11
Bank Branches
$1.1 M deposits

Tips for Starting a Franchise Business in Colorado

  • 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 $148,421. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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