Franchise Businesses Market: ZIP 11420
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11420 is an urban area with moderate foot traffic. with a population of 50,060 and household incomes above the national median ($98,584).
Area Profile
50,060
Population
$98,584
Median Income
+32% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 41.0 —
older demographic, may prefer sit-down options.
College-Educated: 15.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,780
2BR Fair Market Rent
$2,032
Median Gross Rent
$670 K
Median Home Value
1
Bank Branches
$340 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
- Bank Branches
- 1
vs. National Average
Median Income
+32% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
11419
1.1 mi
Pop: 46,938
$91,231
Walk: 14.6
11436
1.5 mi
Pop: 21,364
$86,104
Walk: 13.6
11417
1.9 mi
Pop: 30,091
$86,330
Walk: 14.8
11435
2.0 mi
Pop: 58,424
$79,430
Walk: 14.8
11414
2.2 mi
Pop: 31,090
$98,209
Walk: 13.0
11418
2.2 mi
Pop: 36,304
$84,927
Walk: 14.6
11416
2.3 mi
Pop: 26,660
$85,544
Walk: 15.3
11451
2.4 mi
Pop: 0
Walk: 12.2
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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