FranchiseBudget
Showing results for ZIP 59088 (MT)
Home ZIP 38018

Franchise Businesses Market: ZIP 38018

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38018 is an urban area with low foot traffic. with a population of 38,357 and household incomes above the national median ($89,627).

Area Profile

38,357
Population
$89,627
Median Income
+20% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 36.9 — mixed-age market, broad menu appeal.
College-Educated: 30.9% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 38018.

4
Business Consultants
1.0 per 10K residents
3
Small Business Lenders
0.8 per 10K residents

Operating Costs

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

$1,860
2BR Fair Market Rent
$1,594
Median Gross Rent
$260 K
Median Home Value
6
Bank Branches
$470 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