Franchise Businesses Market: ZIP 04002
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04002 is an urban area. with a population of 7,695 and household incomes above the national median ($77,853).
Area Profile
7,695
Population
$77,853
Median Income
+4% vs. national
Urban
Area Type
Median Age: 51.5 —
older demographic, may prefer sit-down options.
College-Educated: 18.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$784
Median Gross Rent
$320 K
Median Home Value
Tips for Starting a Franchise Business in Maine
- 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
vs. National Average
Median Income
+4% vs. $74,580
Nearby Markets
04030
7.3 mi
Pop: 2,795
$69,709
04073
7.4 mi
Pop: 17,385
$69,135
Walk: 6.6
04087
7.9 mi
Pop: 2,122
$96,268
Walk: 6.8
04043
9.0 mi
Pop: 11,692
$101,204
Walk: 5.6
04042
10.3 mi
Pop: 4,824
$81,250
Walk: 5.4
04083
10.7 mi
Pop: 4,710
$81,299
Walk: 6.8
04090
10.9 mi
Pop: 11,544
$83,900
Walk: 4.8
04061
11.5 mi
Pop: 3,105
$83,299
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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