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Home ZIP 02909

Franchise Businesses Market: ZIP 02909

Opportunity Score
71 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02909 is an urban area with high foot traffic. with a population of 44,445 and household incomes near the national median ($63,950).

Area Profile

44,445
Population
$63,950
Median Income
-14% vs. national
Urban
Area Type
15.4/20
Foot Traffic
Very Walkable
Median Age: 31.4 — mixed-age market, broad menu appeal.
College-Educated: 14.6% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 02909.

11
Business Consultants
2.5 per 10K residents

Operating Costs

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

$1,530
2BR Fair Market Rent
$1,258
Median Gross Rent
$280 K
Median Home Value
2
Bank Branches
$280 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.

Data sources

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