Franchise Businesses Market: ZIP 40205
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40205 is an urban area with moderate foot traffic. with a population of 24,335 and household incomes above the national median ($98,990).
Area Profile
24,335
Population
$98,990
Median Income
+33% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 45.9% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 40205.
10
Business Consultants
4.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,430
2BR Fair Market Rent
$1,095
Median Gross Rent
$360 K
Median Home Value
8
Bank Branches
$710 K deposits
Tips for Starting a Franchise Business in Kentucky
- 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
- Related Businesses
- 10
- Bank Branches
- 8
vs. National Average
Median Income
+33% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
40280
1.7 mi
Pop: 193
Walk: 13.2
40231
2.1 mi
Pop: 0
Walk: 10.8
40206
2.6 mi
Pop: 20,345
$72,543
Walk: 14.7
40041
2.6 mi
Pop: 518
40218
2.9 mi
Pop: 33,292
$56,191
Walk: 12.3
40204
2.9 mi
Pop: 14,018
$70,706
Walk: 17.4
40207
3.3 mi
Pop: 28,633
$98,583
Walk: 14.1
40217
3.8 mi
Pop: 11,831
$68,573
Walk: 14.8
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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