What franchises are available in Tennessee?

Tennessee supports franchises across industries including fast food, fitness, cleaning, home services, and more. Total franchise investment typically ranges from $10,000 (Chick-fil-A) to $2M+ (Ace Hardware), depending on the brand and location. Browse all franchise options at FranchiseBudget.com for detailed FDD-based investment data.

What is the franchise market opportunity in Tennessee?

Tennessee is rated a fair market for franchise businesses with an average opportunity score of 53/100. There are approximately 7 franchise businesses across 636 ZIP codes. Top-scoring area: ZIP 37046. Scores factor in walkability, median income, population density, and existing competition.

What are the best locations for a franchise in Tennessee?

The best franchise locations in Tennessee combine high walkability (foot traffic), strong median incomes, and manageable competition. See our Best Locations page for Tennessee to get the top 20 ZIP codes ranked by opportunity score.

How much does it cost to open a franchise in Tennessee?

Franchise costs vary widely. Entry-level franchises in Tennessee can start under $50,000 (cleaning, service franchises), while food franchises like McDonald's or Subway require $230,000–$2.3M total investment. Franchise fees, royalty rates, and build-out costs are detailed for each brand at FranchiseBudget.com.

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Franchise Costs in Tennessee

Aggregated from 636 ZIP codes · Data updated March 2026

Best Markets in TN ›

Avg Opportunity Score

Fair

7 Million

Total Population

$60 Thousand

Avg Median Income

Registered Franchise Businesses

Tennessee has 7 registered franchise businesses across 636 ZIP codes, serving a population of 7 Million. Median household income averages $59,699 — 15,301 below the national median.

Mixed picture. The 53/100 state average covers a wide spread: a few standout ZIP codes, a lot of middling ones. Competition runs about 0.0 businesses per ZIP. Location selection matters more here than in higher-scoring states.

Top ZIP Codes in Tennessee

See all 20 ›

ZIP 37046 Pop. 6.6 Thousand

$160 Thousand

med. income

100

score

ZIP 37064 Pop. 67 Thousand

$120 Thousand

med. income

100

score

ZIP 37069 Pop. 20 Thousand

$150 Thousand

med. income

100

score

ZIP 37085 Pop. 6.1 Thousand

$120 Thousand

med. income

100

score

ZIP 37922 Pop. 39 Thousand

$130 Thousand

med. income

100

score

ZIP 37135 Pop. 23 Thousand

$150 Thousand

med. income

100

score

ZIP 37934 Pop. 28 Thousand

$140 Thousand

med. income

100

score

ZIP 37179 Pop. 17 Thousand

$120 Thousand

med. income

100

score

ZIP 38017 Pop. 56 Thousand

$140 Thousand

med. income

100

score

#10

ZIP 37205 Pop. 25 Thousand

$130 Thousand

med. income

100

score

Best Markets

See the top 20 ZIP codes in Tennessee ranked by opportunity score with full breakdowns.

Best Franchise Businesses Markets in Tennessee

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Data sources: Census Bureau American Community Survey 2023, USDA National Walkability Index 2021, County Business Patterns 2022, FDIC Summary of Deposits 2023.