FranchiseBudget
Showing results for ZIP 68510 (NE)
Home ZIP 38063

Franchise Businesses Market: ZIP 38063

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38063 is an rural area with low foot traffic. with a population of 15,947 and household incomes below the national median ($48,578).

Area Profile

15,947
Population
$48,578
Median Income
-35% vs. national
Rural
Area Type
4.1/20
Foot Traffic
Very Car-Dependent
Median Age: 39.0 — mixed-age market, broad menu appeal.
College-Educated: 8.2% — value-focused market, keep prices competitive.

Operating Costs

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

$900
2BR Fair Market Rent
$731
Median Gross Rent
$140 K
Median Home Value
7
Bank Branches
$350 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.
  • This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.

Quick Facts

Area Type
Rural
Foot Traffic
Very Car-Dependent
Bank Branches
7

vs. National Average

Median Income
-35% vs. $74,580
Walkability
-6.5 pts vs. national avg

Check Another Market

Or estimate costs with the FranchiseBudget calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits