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Home ZIP 37363

Franchise Businesses Market: ZIP 37363

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37363 is an urban area with low foot traffic. with a population of 40,830 and household incomes above the national median ($94,873).

Area Profile

40,830
Population
$94,873
Median Income
+27% vs. national
Urban
Area Type
3.8/20
Foot Traffic
Very Car-Dependent
Median Age: 43.6 — older demographic, may prefer sit-down options.
College-Educated: 31.7% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 37363.

10
Business Consultants
2.4 per 10K residents

Operating Costs

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

$1,870
2BR Fair Market Rent
$1,495
Median Gross Rent
$350 K
Median Home Value
11
Bank Branches
$830 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
Urban
Foot Traffic
Very Car-Dependent
Related Businesses
10
Bank Branches
11

vs. National Average

Median Income
+27% vs. $74,580
Walkability
-6.7 pts vs. national avg

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Data sources

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