FranchiseBudget
Showing results for ZIP 44864 (OH)
Home ZIP 01564

Franchise Businesses Market: ZIP 01564

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01564 is an urban area with low foot traffic. with a population of 8,111 and household incomes well above the national median ($136,027).

Area Profile

8,111
Population
$136,027
Median Income
+82% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 51.0 — older demographic, may prefer sit-down options.
College-Educated: 40.6% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 01564.

3
Business Consultants
3.7 per 10K residents

Operating Costs

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

$1,900
2BR Fair Market Rent
$1,606
Median Gross Rent
$470 K
Median Home Value
1
Bank Branches
$64 K 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 $136,027. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Related Businesses
3
Bank Branches
1

vs. National Average

Median Income
+82% vs. $74,580
Walkability
-4.6 pts vs. national avg

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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