FranchiseBudget
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Home ZIP 37055

Franchise Businesses Market: ZIP 37055

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37055 is an suburban area with low foot traffic. with a population of 28,567 and household incomes near the national median ($69,283).

Area Profile

28,567
Population
$69,283
Median Income
-7% vs. national
Suburban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 37.2 — mixed-age market, broad menu appeal.
College-Educated: 14.0% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 37055.

14
Small Business Lenders
4.9 per 10K residents

Operating Costs

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

$1,460
2BR Fair Market Rent
$1,034
Median Gross Rent
$260 K
Median Home Value
14
Bank Branches
$1.2 M deposits

Tips for Starting a Franchise Business in Tennessee

  • 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
Suburban
Foot Traffic
Car-Dependent
Related Businesses
14
Bank Branches
14

vs. National Average

Median Income
-7% vs. $74,580
Walkability
-3.7 pts vs. national avg

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Data sources

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