Franchise Businesses Market: ZIP 98050
Opportunity Score
4
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98050 is an urban area.
Area Profile
87
Population
Urban
Area Type
Median Age: 66.3 —
older demographic, may prefer sit-down options.
College-Educated: 100.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,730
2BR Fair Market Rent
Tips for Starting a Franchise Business in Washington
- 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
Nearby Markets
98024
3.3 mi
Pop: 4,632
$152,726
Walk: 7.4
98027
4.4 mi
Pop: 28,335
$150,000
Walk: 10.0
98029
5.0 mi
Pop: 30,930
$164,058
98075
7.3 mi
Pop: 25,231
$250,001
Walk: 8.6
98025
7.8 mi
Pop: 51
98038
8.9 mi
Pop: 37,868
$144,733
Walk: 9.2
98074
8.9 mi
Pop: 30,850
$234,013
Walk: 9.2
98053
9.9 mi
Pop: 22,838
$179,912
Walk: 8.3
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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