FranchiseBudget
Showing results for ZIP 14043 (NY)
Home ZIP 02646

Franchise Businesses Market: ZIP 02646

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02646 is an urban area with low foot traffic. with a population of 1,715 and household incomes near the national median ($74,276).

Area Profile

1,715
Population
$74,276
Median Income
+0% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 64.3 — older demographic, may prefer sit-down options.
College-Educated: 57.4% — strong appetite for artisan/specialty food.

Operating Costs

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

$2,370
2BR Fair Market Rent
$1,964
Median Gross Rent
$720 K
Median Home Value
2
Bank Branches
$350 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits