Franchise Businesses Market: ZIP 01721
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01721 is an urban area with low foot traffic. with a population of 18,694 and household incomes well above the national median ($127,106).
Area Profile
18,694
Population
$127,106
Median Income
+70% vs. national
Urban
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 44.7% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 01721.
5
Business Consultants
2.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,000
2BR Fair Market Rent
$2,334
Median Gross Rent
$590 K
Median Home Value
5
Bank Branches
$890 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 $127,106. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 5
vs. National Average
Median Income
+70% vs. $74,580
Walkability
-4.2 pts vs. national avg
Nearby Markets
01745
3.0 mi
Pop: 660
$180,833
01702
3.1 mi
Pop: 39,761
$78,784
Walk: 13.3
01746
4.5 mi
Pop: 14,964
$154,684
Walk: 7.3
01701
4.8 mi
Pop: 32,270
$127,000
Walk: 9.7
01772
5.0 mi
Pop: 9,781
$196,680
Walk: 9.0
01748
5.2 mi
Pop: 19,050
$204,418
Walk: 4.9
01770
7.2 mi
Pop: 4,404
$247,500
Walk: 6.1
02053
7.6 mi
Pop: 13,251
$174,357
Walk: 9.7
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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