Franchise Businesses Market: ZIP 38547
Opportunity Score
46
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38547 is an urban area. with a population of 1,856 and household incomes near the national median ($70,218).
Area Profile
1,856
Population
$70,218
Median Income
-6% vs. national
Urban
Area Type
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 11.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$960
2BR Fair Market Rent
$230 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
vs. National Average
Median Income
-6% vs. $74,580
Nearby Markets
38563
3.8 mi
Pop: 2,271
$71,094
Walk: 5.8
37012
5.8 mi
Pop: 2,149
$51,902
38567
6.0 mi
Pop: 1,035
$105,625
37030
9.3 mi
Pop: 7,889
$57,510
Walk: 8.7
37184
10.5 mi
Pop: 7,224
$73,862
Walk: 3.4
38569
10.7 mi
Pop: 316
Walk: 4.7
37151
10.9 mi
Pop: 467
$98,665
Walk: 2.9
38560
11.6 mi
Pop: 1,639
$65,221
Walk: 2.8
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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