Franchise Businesses Market: ZIP 11370
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11370 is an urban area with moderate foot traffic. with a population of 28,762 and household incomes above the national median ($74,895).
Area Profile
28,762
Population
$74,895
Median Income
+0% vs. national
Urban
Area Type
13.8/20
Foot Traffic
Walkable
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 18.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,820
2BR Fair Market Rent
$2,071
Median Gross Rent
$840 K
Median Home Value
2
Bank Branches
$360 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
- Walkable
- Bank Branches
- 2
vs. National Average
Median Income
+0% vs. $74,580
Walkability
+3.3 pts vs. national avg
Nearby Markets
11372
1.2 mi
Pop: 66,995
$77,133
Walk: 15.2
11105
1.3 mi
Pop: 38,507
$100,306
Walk: 13.3
11103
1.3 mi
Pop: 35,357
$92,787
Walk: 14.0
11369
1.5 mi
Pop: 33,354
$80,577
Walk: 14.8
11377
1.6 mi
Pop: 83,545
$73,292
Walk: 14.1
11371
1.6 mi
Pop: 0
Walk: 5.7
11373
2.1 mi
Pop: 99,433
$71,470
Walk: 14.7
11102
2.2 mi
Pop: 28,349
$102,996
Walk: 14.2
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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