Franchise Businesses Market: ZIP 10007
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10007 is an urban area. with a population of 7,802 and household incomes well above the national median ($250,001).
Area Profile
7,802
Population
$250,001
Median Income
+235% vs. national
Urban
Area Type
Median Age: 33.8 —
mixed-age market, broad menu appeal.
College-Educated: 62.2% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 10007.
23
Business Consultants
29.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,190
2BR Fair Market Rent
$3,501
Median Gross Rent
$2 M
Median Home Value
13
Bank Branches
$200 M deposits
Tips for Starting a Franchise Business in New York
- 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 $250,001. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 23
- Bank Branches
- 13
vs. National Average
Median Income
+235% vs. $74,580
Nearby Markets
10279
0.1 mi
Pop: 181
$250,001
Walk: 16.8
10278
0.3 mi
Pop: 0
Walk: 16.2
10271
0.4 mi
Pop: 0
Walk: 9.3
10005
0.5 mi
Pop: 9,238
$211,810
Walk: 9.8
10006
0.5 mi
Pop: 4,475
$209,972
10038
0.5 mi
Pop: 23,342
$115,121
Walk: 12.6
10013
0.5 mi
Pop: 28,215
$159,474
Walk: 15.8
10282
0.5 mi
Pop: 5,960
$250,001
Walk: 12.9
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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