Franchise Businesses Market: ZIP 02865
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02865 is an urban area with low foot traffic. with a population of 18,033 and household incomes well above the national median ($117,042).
Area Profile
18,033
Population
$117,042
Median Income
+57% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 44.6 —
older demographic, may prefer sit-down options.
College-Educated: 33.8% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 02865.
6
Business Consultants
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,840
2BR Fair Market Rent
$1,206
Median Gross Rent
$430 K
Median Home Value
4
Bank Branches
$360 K deposits
Tips for Starting a Franchise Business in Rhode Island
- 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 $117,042. 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
- 6
- Bank Branches
- 4
vs. National Average
Median Income
+57% vs. $74,580
Walkability
-0.6 pts vs. national avg
Nearby Markets
02802
2.6 mi
Pop: 531
$125,522
02838
4.0 mi
Pop: 4,007
$82,075
02864
4.1 mi
Pop: 36,383
$118,737
Walk: 10.8
02904
4.1 mi
Pop: 32,462
$64,637
Walk: 15.0
02863
4.3 mi
Pop: 22,481
$45,921
Walk: 15.9
02911
4.5 mi
Pop: 14,963
$85,803
Walk: 14.5
02918
5.0 mi
Pop: 2,944
Walk: 15.4
02917
5.1 mi
Pop: 15,068
$106,772
Walk: 8.9
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