FranchiseBudget
Showing results for ZIP 36553 (AL)
Home ZIP 38053

Franchise Businesses Market: ZIP 38053

Opportunity Score
53 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38053 is an urban area with low foot traffic. with a population of 25,352 and household incomes near the national median ($58,548).

Area Profile

25,352
Population
$58,548
Median Income
-21% vs. national
Urban
Area Type
5.3/20
Foot Traffic
Very Car-Dependent
Median Age: 39.8 — mixed-age market, broad menu appeal.
College-Educated: 13.9% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 38053.

6
Small Business Lenders
2.4 per 10K residents

Operating Costs

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

$1,370
2BR Fair Market Rent
$1,105
Median Gross Rent
$200 K
Median Home Value
8
Bank Branches
$490 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
6
Bank Branches
8

vs. National Average

Median Income
-21% vs. $74,580
Walkability
-5.2 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