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Home ZIP 11355

Franchise Businesses Market: ZIP 11355

Opportunity Score
67 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 11355 is an urban area with moderate foot traffic. with a population of 79,802 and household incomes near the national median ($53,700).

Area Profile

79,802
Population
$53,700
Median Income
-28% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 46.7 — older demographic, may prefer sit-down options.
College-Educated: 18.6% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 11355.

18
Business Consultants
2.3 per 10K residents

Operating Costs

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

$2,570
2BR Fair Market Rent
$1,664
Median Gross Rent
$710 K
Median Home Value
14
Bank Branches
$3.6 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.

Data sources

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