Franchise Businesses Market: ZIP 80516
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80516 is an urban area with low foot traffic. with a population of 37,107 and household incomes well above the national median ($160,590).
Area Profile
37,107
Population
$160,590
Median Income
+115% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 41.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 80516.
30
Business Consultants
8.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,520
2BR Fair Market Rent
$2,718
Median Gross Rent
$680 K
Median Home Value
5
Bank Branches
$300 K 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 $160,590. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 30
- Bank Branches
- 5
vs. National Average
Median Income
+115% vs. $74,580
Walkability
-2.0 pts vs. national avg
Nearby Markets
80514
4.7 mi
Pop: 6,419
$99,389
Walk: 5.7
80023
5.4 mi
Pop: 26,466
$159,970
Walk: 8.7
80026
6.1 mi
Pop: 32,549
$115,031
Walk: 12.9
80520
7.4 mi
Pop: 1,684
$65,139
80530
7.6 mi
Pop: 6,097
$120,172
Walk: 11.3
80504
7.8 mi
Pop: 61,305
$109,671
Walk: 11.0
80020
9.2 mi
Pop: 53,589
$114,039
Walk: 10.5
80501
9.5 mi
Pop: 43,591
$77,705
Walk: 14.5
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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