Franchise Businesses Market: ZIP 37172
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37172 is an suburban area with low foot traffic. with a population of 31,420 and household incomes near the national median ($71,103).
Area Profile
31,420
Population
$71,103
Median Income
-5% vs. national
Suburban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 13.0% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 37172.
11
Small Business Lenders
3.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,520
2BR Fair Market Rent
$1,132
Median Gross Rent
$280 K
Median Home Value
8
Bank Branches
$950 K 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
- Very Car-Dependent
- Related Businesses
- 11
- Bank Branches
- 8
vs. National Average
Median Income
-5% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
37073
8.3 mi
Pop: 14,312
$82,716
Walk: 4.4
42202
9.3 mi
Pop: 1,736
$64,375
37141
11.3 mi
Pop: 1,519
$70,625
37032
11.6 mi
Pop: 5,499
$85,766
37049
11.6 mi
Pop: 4,025
$84,677
37188
12.5 mi
Pop: 17,685
$87,412
Walk: 5.3
37072
15.3 mi
Pop: 32,344
$75,514
Walk: 5.2
37080
15.6 mi
Pop: 7,061
$78,151
Walk: 3.9
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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