Franchise Businesses Market: ZIP 37388
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37388 is an suburban area with low foot traffic. with a population of 27,340 and household incomes near the national median ($59,892).
Area Profile
27,340
Population
$59,892
Median Income
-20% vs. national
Suburban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 17.9% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 37388.
4
Business Consultants
1.5 per 10K residents
11
Small Business Lenders
4.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$960
2BR Fair Market Rent
$856
Median Gross Rent
$230 K
Median Home Value
10
Bank Branches
$650 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
- Car-Dependent
- Related Businesses
- 15
- Bank Branches
- 10
vs. National Average
Median Income
-20% vs. $74,580
Walkability
-4.0 pts vs. national avg
Nearby Markets
37330
6.8 mi
Pop: 7,279
$62,727
37360
7.1 mi
Pop: 1,792
$81,957
Walk: 4.2
37352
11.8 mi
Pop: 3,089
$66,434
37183
12.3 mi
Pop: 3,211
$71,597
Walk: 6.7
37398
12.5 mi
Pop: 15,712
$63,542
Walk: 4.4
37355
13.6 mi
Pop: 29,810
$62,943
Walk: 5.0
37324
16.5 mi
Pop: 5,168
$44,563
37359
17.4 mi
Pop: 1,044
$75,357
Walk: 3.1
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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