Franchise Businesses Market: ZIP 38135
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38135 is an urban area with low foot traffic. with a population of 30,490 and household incomes above the national median ($92,458).
Area Profile
30,490
Population
$92,458
Median Income
+24% vs. national
Urban
Area Type
7.9/20
Foot Traffic
Car-Dependent
Median Age: 41.4 —
older demographic, may prefer sit-down options.
College-Educated: 26.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$1,580
Median Gross Rent
$270 K
Median Home Value
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
- Car-Dependent
vs. National Average
Median Income
+24% vs. $74,580
Walkability
-2.6 pts vs. national avg
Nearby Markets
38029
1.7 mi
Pop: 34
38133
4.1 mi
Pop: 21,153
$82,485
Walk: 10.4
38134
4.5 mi
Pop: 42,500
$61,172
Walk: 10.5
38128
5.5 mi
Pop: 44,027
$43,166
Walk: 9.8
38054
6.9 mi
Pop: 136
Walk: 5.1
38016
7.3 mi
Pop: 44,390
$75,719
Walk: 8.6
38122
7.6 mi
Pop: 25,310
$45,456
Walk: 12.2
38120
8.0 mi
Pop: 13,249
$119,309
Walk: 13.6
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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