Franchise Businesses Market: ZIP 37742
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37742 is an urban area. with a population of 7,568 and household incomes above the national median ($87,516).
Area Profile
7,568
Population
$87,516
Median Income
+17% vs. national
Urban
Area Type
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 12.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,340
2BR Fair Market Rent
$1,051
Median Gross Rent
$270 K
Median Home Value
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
vs. National Average
Median Income
+17% vs. $74,580
Nearby Markets
37801
6.8 mi
Pop: 27,271
$70,814
Walk: 3.9
37737
7.2 mi
Pop: 6,576
$80,377
37772
8.4 mi
Pop: 14,164
$95,164
Walk: 5.8
37885
12.5 mi
Pop: 6,120
$74,683
Walk: 4.7
37774
12.9 mi
Pop: 20,989
$83,724
Walk: 5.9
37777
13.4 mi
Pop: 13,101
$74,357
Walk: 6.3
37803
13.7 mi
Pop: 33,822
$81,006
Walk: 4.7
37934
13.8 mi
Pop: 28,237
$135,472
Walk: 7.9
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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