FranchiseBudget
Showing results for ZIP 38359 (TN)
Home ZIP 28901

Franchise Businesses Market: ZIP 28901

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 28901 is an rural area. with a population of 5,624 and household incomes below the national median ($39,299).

Area Profile

5,624
Population
$39,299
Median Income
-47% vs. national
Rural
Area Type
Median Age: 47.8 — older demographic, may prefer sit-down options.
College-Educated: 16.5% — value-focused market, keep prices competitive.

Operating Costs

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

$1,010
2BR Fair Market Rent
$739
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$81 K deposits

Tips for Starting a Franchise Business in North Carolina

  • 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.
  • Median income sits at $39,299. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits