Franchise Businesses Market: ZIP 37132
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37132 is an urban area with moderate foot traffic.
Area Profile
2,698
Population
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 19.4 —
young market, strong street food demand.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
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
- Walkable
vs. National Average
Walkability
+1.7 pts vs. national avg
Nearby Markets
37130
3.8 mi
Pop: 57,768
$60,389
Walk: 8.4
37127
5.4 mi
Pop: 22,029
$85,947
Walk: 4.4
37129
8.3 mi
Pop: 60,615
$89,772
Walk: 7.1
37128
8.3 mi
Pop: 77,016
$89,069
Walk: 6.4
37085
9.2 mi
Pop: 6,102
$123,469
37037
10.1 mi
Pop: 9,786
$111,458
37149
12.0 mi
Pop: 2,575
$68,733
Walk: 3.3
37118
13.1 mi
Pop: 1,087
$86,447
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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