Franchise Businesses Market: ZIP 11721
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11721 is an urban area. with a population of 6,620 and household incomes well above the national median ($206,250).
Area Profile
6,620
Population
$206,250
Median Income
+177% vs. national
Urban
Area Type
Median Age: 49.6 —
older demographic, may prefer sit-down options.
College-Educated: 54.0% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 11721.
4
Business Consultants
6.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,880
2BR Fair Market Rent
$3,220
Median Gross Rent
$700 K
Median Home Value
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.
- The median income here is $206,250. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+177% vs. $74,580
Nearby Markets
11740
2.7 mi
Pop: 10,699
$161,705
Walk: 11.5
11768
2.7 mi
Pop: 21,908
$163,435
Walk: 7.4
11743
3.8 mi
Pop: 42,423
$173,014
Walk: 8.9
11731
4.7 mi
Pop: 29,891
$158,819
Walk: 8.9
11746
6.1 mi
Pop: 66,883
$158,309
Walk: 9.0
11724
6.4 mi
Pop: 2,956
$250,001
11725
7.6 mi
Pop: 29,050
$168,324
Walk: 8.0
11754
8.5 mi
Pop: 17,660
$123,406
Walk: 8.5
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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