Franchise Businesses Market: ZIP 11042
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11042 is an urban area with moderate foot traffic.
Area Profile
232
Population
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 89.0 —
older demographic, may prefer sit-down options.
College-Educated: 2.6% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 11042.
9
Business Consultants
387.9 per 10K residents
3
Small Business Lenders
129.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,990
2BR Fair Market Rent
3
Bank Branches
$540 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 12
- Bank Branches
- 3
vs. National Average
Walkability
+4.0 pts vs. national avg
Nearby Markets
11005
1.2 mi
Pop: 2,195
$91,719
Walk: 11.2
11004
1.3 mi
Pop: 14,296
$109,865
Walk: 16.1
11040
1.5 mi
Pop: 42,344
$153,511
Walk: 15.7
11020
1.5 mi
Pop: 5,986
$169,265
11426
2.3 mi
Pop: 19,638
$107,591
Walk: 14.6
11362
2.4 mi
Pop: 18,156
$118,989
Walk: 15.1
11030
2.5 mi
Pop: 17,703
$247,393
Walk: 15.1
11001
2.5 mi
Pop: 25,714
$144,755
Walk: 15.1
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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