FranchiseBudget
Showing results for ZIP 78641 (TX)
Home ZIP 37217

Franchise Businesses Market: ZIP 37217

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37217 is an urban area with moderate foot traffic. with a population of 31,440 and household incomes near the national median ($61,529).

Area Profile

31,440
Population
$61,529
Median Income
-17% vs. national
Urban
Area Type
10.4/20
Foot Traffic
Walkable
Median Age: 33.4 — mixed-age market, broad menu appeal.
College-Educated: 20.8% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 37217.

3
Business Consultants
1.0 per 10K residents

Operating Costs

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

$1,780
2BR Fair Market Rent
$1,313
Median Gross Rent
$280 K
Median Home Value
10
Bank Branches
$810 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.

Data sources

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