Franchise Businesses Market: ZIP 37932
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37932 is an urban area with low foot traffic. with a population of 23,330 and household incomes well above the national median ($109,900).
Area Profile
23,330
Population
$109,900
Median Income
+47% vs. national
Urban
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 35.4% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 37932.
8
Business Consultants
3.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,030
2BR Fair Market Rent
$1,516
Median Gross Rent
$430 K
Median Home Value
4
Bank Branches
$240 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.
- The median income here is $109,900. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 8
- Bank Branches
- 4
vs. National Average
Median Income
+47% vs. $74,580
Walkability
-4.2 pts vs. national avg
Nearby Markets
37934
3.1 mi
Pop: 28,237
$135,472
Walk: 7.9
37931
6.4 mi
Pop: 31,149
$91,284
Walk: 5.8
37830
7.2 mi
Pop: 32,519
$70,795
Walk: 5.6
37922
7.8 mi
Pop: 39,013
$126,638
Walk: 6.8
37923
8.2 mi
Pop: 30,874
$70,046
Walk: 8.9
37772
8.6 mi
Pop: 14,164
$95,164
Walk: 5.8
37771
9.8 mi
Pop: 17,829
$62,338
37737
12.0 mi
Pop: 6,576
$80,377
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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