Franchise Businesses Market: ZIP 37211
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37211 is an urban area with moderate foot traffic. with a population of 77,117 and household incomes near the national median ($69,936).
Area Profile
77,117
Population
$69,936
Median Income
-6% vs. national
Urban
Area Type
10.2/20
Foot Traffic
Walkable
Median Age: 32.1 —
mixed-age market, broad menu appeal.
College-Educated: 28.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 37211.
15
Business Consultants
1.9 per 10K residents
7
Small Business Lenders
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,444
Median Gross Rent
$370 K
Median Home Value
16
Bank Branches
$1.4 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
- Walkable
- Related Businesses
- 22
- Bank Branches
- 16
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-0.3 pts vs. national avg
Nearby Markets
37204
4.5 mi
Pop: 17,004
$109,341
Walk: 15.7
37220
4.8 mi
Pop: 5,483
$156,227
Walk: 7.9
37217
5.4 mi
Pop: 31,440
$61,529
Walk: 10.4
37210
5.7 mi
Pop: 17,116
$43,343
Walk: 13.1
37027
6.3 mi
Pop: 61,961
$156,002
Walk: 7.5
37013
6.5 mi
Pop: 102,055
$72,233
Walk: 9.1
37212
7.1 mi
Pop: 20,046
$86,461
Walk: 16.1
37203
7.3 mi
Pop: 20,234
$69,671
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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