Franchise Businesses Market: ZIP 94116
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 94116 is an urban area with high foot traffic. with a population of 42,523 and household incomes well above the national median ($152,587).
Area Profile
42,523
Population
$152,587
Median Income
+105% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 45.4 —
older demographic, may prefer sit-down options.
College-Educated: 45.0% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 94116.
11
Business Consultants
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,650
2BR Fair Market Rent
$2,938
Median Gross Rent
$1.5 M
Median Home Value
5
Bank Branches
$860 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.
- The median income here is $152,587. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 11
- Bank Branches
- 5
vs. National Average
Median Income
+105% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
94122
1.0 mi
Pop: 57,369
$145,717
Walk: 15.5
94132
1.6 mi
Pop: 27,406
$118,557
Walk: 15.4
94127
2.1 mi
Pop: 20,710
$205,429
Walk: 16.8
94121
2.4 mi
Pop: 42,987
$138,353
Walk: 15.3
94118
2.9 mi
Pop: 39,275
$159,550
Walk: 16.3
94131
3.1 mi
Pop: 27,809
$198,779
Walk: 15.0
94117
3.3 mi
Pop: 37,575
$175,096
Walk: 16.0
94112
3.4 mi
Pop: 80,133
$130,906
Walk: 15.8
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