Franchise Businesses Market: ZIP 11424
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11424 is an urban area.
Area Profile
0
Population
Urban
Area Type
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
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
Nearby Markets
11415
0.4 mi
Pop: 21,379
$88,632
Walk: 15.3
11418
1.1 mi
Pop: 36,304
$84,927
Walk: 14.6
11367
1.2 mi
Pop: 42,210
$75,804
Walk: 13.7
11375
1.2 mi
Pop: 75,320
$104,319
Walk: 14.5
11435
1.6 mi
Pop: 58,424
$79,430
Walk: 14.8
11419
1.8 mi
Pop: 46,938
$91,231
Walk: 14.6
11432
2.4 mi
Pop: 63,730
$75,395
Walk: 15.1
11439
2.4 mi
Pop: 2,171
Walk: 10.9
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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