Franchise Businesses Market: ZIP 02912
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02912 is an urban area with high foot traffic.
Area Profile
4,824
Population
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 19.7 —
young market, strong street food demand.
College-Educated: 0.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,150
2BR Fair Market Rent
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
vs. National Average
Walkability
+5.2 pts vs. national avg
Nearby Markets
02903
0.6 mi
Pop: 12,309
$62,987
Walk: 18.8
02906
1.4 mi
Pop: 26,327
$102,796
Walk: 16.4
02907
2.4 mi
Pop: 31,427
$49,564
Walk: 16.0
02918
2.5 mi
Pop: 2,944
Walk: 15.4
02908
2.7 mi
Pop: 39,661
$74,341
Walk: 15.1
02914
2.7 mi
Pop: 21,397
$60,838
Walk: 15.6
02905
2.8 mi
Pop: 24,780
$57,126
Walk: 15.1
02904
3.2 mi
Pop: 32,462
$64,637
Walk: 15.0
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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