Franchise Businesses Market: ZIP 85023
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 85023 is an urban area with moderate foot traffic. with a population of 34,635 and household incomes near the national median ($72,442).
Area Profile
34,635
Population
$72,442
Median Income
-3% vs. national
Urban
Area Type
12.6/20
Foot Traffic
Walkable
Median Age: 37.2 —
mixed-age market, broad menu appeal.
College-Educated: 21.6% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 85023.
13
Business Consultants
3.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,760
2BR Fair Market Rent
$1,429
Median Gross Rent
$360 K
Median Home Value
1
Bank Branches
$99 K deposits
Tips for Starting a Franchise Business in Arizona
- 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
- Foot Traffic
- Walkable
- Related Businesses
- 13
- Bank Branches
- 1
vs. National Average
Median Income
-3% vs. $74,580
Walkability
+2.1 pts vs. national avg
Nearby Markets
85053
2.7 mi
Pop: 29,719
$66,870
Walk: 14.3
85029
2.9 mi
Pop: 49,433
$60,384
Walk: 13.5
85027
3.1 mi
Pop: 38,986
$73,255
Walk: 12.0
85022
3.1 mi
Pop: 52,488
$66,601
Walk: 13.1
85021
5.0 mi
Pop: 40,026
$58,481
Walk: 13.3
85024
5.1 mi
Pop: 25,674
$97,759
Walk: 10.7
85020
5.4 mi
Pop: 33,934
$78,412
Walk: 14.3
85306
5.7 mi
Pop: 24,696
$82,060
Walk: 12.8
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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