Franchise Businesses Market: ZIP 38059
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38059 is an suburban area with low foot traffic. with a population of 8,822 and household incomes near the national median ($57,182).
Area Profile
8,822
Population
$57,182
Median Income
-23% vs. national
Suburban
Area Type
3.0/20
Foot Traffic
Very Car-Dependent
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 17.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$980
2BR Fair Market Rent
$804
Median Gross Rent
$150 K
Median Home Value
2
Bank Branches
$97 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
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-23% vs. $74,580
Walkability
-7.5 pts vs. national avg
Nearby Markets
38259
7.1 mi
Pop: 682
$35,625
Walk: 3.2
38389
8.2 mi
Pop: 40
$35,500
Walk: 3.5
38240
10.4 mi
Pop: 1,760
$58,468
Walk: 2.3
38024
11.4 mi
Pop: 25,357
$54,303
Walk: 7.7
38070
12.1 mi
Pop: 88
$58,667
Walk: 2.2
38034
13.9 mi
Pop: 3,366
$48,875
Walk: 4.5
38007
14.2 mi
Pop: 0
38330
14.5 mi
Pop: 3,938
$59,597
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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