Franchise Businesses Market: ZIP 01545
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01545 is an urban area with low foot traffic. with a population of 38,440 and household incomes well above the national median ($136,225).
Area Profile
38,440
Population
$136,225
Median Income
+83% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 40.5 —
older demographic, may prefer sit-down options.
College-Educated: 46.1% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 01545.
7
Business Consultants
1.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,530
2BR Fair Market Rent
$2,046
Median Gross Rent
$560 K
Median Home Value
12
Bank Branches
$1.2 M deposits
Tips for Starting a Franchise Business in Massachusetts
- 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 $136,225. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 12
vs. National Average
Median Income
+83% vs. $74,580
Walkability
-2.8 pts vs. national avg
Nearby Markets
01536
4.0 mi
Pop: 7,119
$105,795
Walk: 6.9
01604
4.3 mi
Pop: 39,988
$72,911
Walk: 13.1
01505
4.9 mi
Pop: 4,896
$124,732
Walk: 6.4
01605
5.1 mi
Pop: 31,086
$54,805
Walk: 14.6
01532
5.4 mi
Pop: 15,694
$174,358
Walk: 7.1
01606
5.9 mi
Pop: 22,269
$92,537
Walk: 11.8
01519
6.1 mi
Pop: 7,738
$153,750
01608
6.2 mi
Pop: 4,951
$45,962
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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