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Franchise Businesses Market: ZIP 21502

Opportunity Score

67 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 21502 is an suburban area with moderate foot traffic. with a population of 41,810 and household incomes near the national median ($58,721).

41,810

Population

$58,721

Median Income

-21% vs. national

Suburban

Area Type

13.4/20

Foot Traffic

Walkable

Median Age: 43.1 — older demographic, may prefer sit-down options.

College-Educated: 15.0% — value-focused market, keep prices competitive.

Franchise Businesses and related businesses in ZIP 21502.

Business Consultants

0.7 per 10K residents

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

$970

2BR Fair Market Rent

$771

Median Gross Rent

$150 K

Median Home Value

Bank Branches

$610 K deposits

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.