Franchise Businesses Market: ZIP 38555
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38555 is an suburban area with low foot traffic. with a population of 21,428 and household incomes near the national median ($55,286).
Area Profile
21,428
Population
$55,286
Median Income
-26% vs. national
Suburban
Area Type
3.3/20
Foot Traffic
Very Car-Dependent
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 12.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 38555.
11
Small Business Lenders
5.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$900
2BR Fair Market Rent
$794
Median Gross Rent
$220 K
Median Home Value
11
Bank Branches
$1.3 M 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
- Related Businesses
- 11
- Bank Branches
- 11
vs. National Average
Median Income
-26% vs. $74,580
Walkability
-7.2 pts vs. national avg
Nearby Markets
38572
10.0 mi
Pop: 12,030
$53,523
Walk: 6.0
38571
11.4 mi
Pop: 14,573
$57,561
Walk: 6.7
37337
11.8 mi
Pop: 1,276
$44,940
38558
11.9 mi
Pop: 9,270
$75,000
37723
13.4 mi
Pop: 1,307
$59,028
38578
15.7 mi
Pop: 146
$38,214
37381
15.9 mi
Pop: 10,170
$57,553
Walk: 4.0
37854
19.3 mi
Pop: 12,403
$49,098
Walk: 7.3
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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