Franchise Businesses Market: ZIP 37130
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37130 is an urban area with low foot traffic. with a population of 57,768 and household incomes near the national median ($60,389).
Area Profile
57,768
Population
$60,389
Median Income
-19% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 33.0 —
mixed-age market, broad menu appeal.
College-Educated: 23.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
$1,157
Median Gross Rent
$350 K
Median Home Value
16
Bank Branches
$2.1 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
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 16
vs. National Average
Median Income
-19% vs. $74,580
Walkability
-2.1 pts vs. national avg
Nearby Markets
37132
3.8 mi
Pop: 2,698
Walk: 12.2
37085
5.6 mi
Pop: 6,102
$123,469
37127
7.1 mi
Pop: 22,029
$85,947
Walk: 4.4
37118
9.5 mi
Pop: 1,087
$86,447
37129
9.7 mi
Pop: 60,615
$89,772
Walk: 7.1
37149
10.0 mi
Pop: 2,575
$68,733
Walk: 3.3
37128
12.0 mi
Pop: 77,016
$89,069
Walk: 6.4
37037
12.5 mi
Pop: 9,786
$111,458
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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