Franchise Businesses Market: ZIP 99216
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99216 is an urban area with moderate foot traffic. with a population of 28,056 and household incomes near the national median ($69,958).
Area Profile
28,056
Population
$69,958
Median Income
-6% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 35.7 —
mixed-age market, broad menu appeal.
College-Educated: 15.3% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 99216.
3
Business Consultants
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,400
2BR Fair Market Rent
$1,307
Median Gross Rent
$340 K
Median Home Value
5
Bank Branches
$500 K deposits
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
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 5
vs. National Average
Median Income
-6% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
99037
3.6 mi
Pop: 16,761
$83,886
99206
4.8 mi
Pop: 41,442
$75,538
Walk: 14.1
99217
4.9 mi
Pop: 19,893
$71,807
Walk: 10.8
99027
6.4 mi
Pop: 5,878
$70,784
Walk: 5.8
99212
6.4 mi
Pop: 21,549
$66,250
Walk: 12.6
99016
9.0 mi
Pop: 20,260
$94,253
99223
9.3 mi
Pop: 35,848
$91,377
Walk: 11.5
99023
9.8 mi
Pop: 780
$125,909
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