FranchiseBudget
Showing results for ZIP 24571 (VA)
Home ZIP 95470

Franchise Businesses Market: ZIP 95470

Opportunity Score
70 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 95470 is an suburban area. with a population of 6,122 and household incomes near the national median ($66,516).

Area Profile

6,122
Population
$66,516
Median Income
-11% vs. national
Suburban
Area Type
Median Age: 36.6 — mixed-age market, broad menu appeal.
College-Educated: 11.5% — value-focused market, keep prices competitive.

Operating Costs

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

$1,690
2BR Fair Market Rent
$1,285
Median Gross Rent
$530 K
Median Home Value
1
Bank Branches
$57 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
Suburban
Bank Branches
1

vs. National Average

Median Income
-11% vs. $74,580

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Data sources

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