Franchise Businesses Market: ZIP 92116
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 92116 is an urban area with moderate foot traffic. with a population of 31,484 and household incomes above the national median ($95,775).
Area Profile
31,484
Population
$95,775
Median Income
+28% vs. national
Urban
Area Type
13.7/20
Foot Traffic
Walkable
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 49.3% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 92116.
20
Business Consultants
6.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,780
2BR Fair Market Rent
$1,903
Median Gross Rent
$900 K
Median Home Value
1
Bank Branches
$240 K deposits
Tips for Starting a Franchise Business in California
- 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
- 20
- Bank Branches
- 1
vs. National Average
Median Income
+28% vs. $74,580
Walkability
+3.2 pts vs. national avg
Nearby Markets
92108
1.5 mi
Pop: 24,401
$101,704
92104
1.6 mi
Pop: 46,912
$92,862
Walk: 15.4
92105
2.8 mi
Pop: 71,284
$65,174
Walk: 13.2
92134
3.1 mi
Pop: 295
Walk: 17.0
92123
3.2 mi
Pop: 32,999
$121,856
Walk: 12.7
92103
3.3 mi
Pop: 34,817
$96,887
Walk: 15.7
92102
3.4 mi
Pop: 39,001
$71,319
Walk: 15.4
92182
3.4 mi
Pop: 0
Walk: 12.4
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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