FranchiseBudget
Showing results for ZIP 38063 (TN)
Home ZIP 45419

Franchise Businesses Market: ZIP 45419

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 45419 is an urban area with moderate foot traffic. with a population of 16,583 and household incomes above the national median ($85,876).

Area Profile

16,583
Population
$85,876
Median Income
+15% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 36.1 — mixed-age market, broad menu appeal.
College-Educated: 38.0% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 45419.

5
Business Consultants
3.0 per 10K residents

Operating Costs

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

$1,010
2BR Fair Market Rent
$1,006
Median Gross Rent
$240 K
Median Home Value
4
Bank Branches
$520 K deposits

Tips for Starting a Franchise Business in Ohio

  • 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
Walkable
Related Businesses
5
Bank Branches
4

vs. National Average

Median Income
+15% vs. $74,580
Walkability
+2.4 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