Franchises for Sale in Knoxville, Tennessee
Knoxville, Tennessee Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | Proper Ecom | Business Opportunities | $50,000 | |
| 2 |  | Automated Investments | Business Opportunities | $100,000 | |
| 3 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 4 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 5 |  | The UPS Store | Printing Packing & Shipping | $75,000 | |
| 6 |  | Zoomin Groomin | Pet | $90,000 | |
| 7 |  | Mr. Appliance | Home Services & Repair Franchises | $85,000 | |
| 8 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 9 |  | Village Idiot Pizza | Food Franchises | $250,000 | |
| 10 |  | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 |
To gain comprehensive insights into Knoxville, Tennessee, consider these figures in the table below, which include demographic segments, household dynamics, and financial averages, all pivotal in assessing the viability and promise of your franchise endeavor.
| Knoxville, Tennessee Demographic Insights | ||
| Households (2024) | 88,983 | |
| Households (2029) | 93,914 | |
| Population (2024) | 203,964 | |
| Population (2029) | 210,791 | |
| Per capita Income (2024) | $36,129 | |
| Total Household Expenditures | $7,451,085,279 | |
| Total Retail Expenditures | $3,802,838,271 | |
| Average Household Income (2024) | $81,885 | |
| Average Household Income (2029) | $84,536 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
Home services in Knoxville present a substantial opportunity. With an estimated 93,001 total housing units and a 92.3% occupancy rate, there is a clear market for home maintenance and renovation services. Considering the majority of housing structures are detached units (61.7%), services such as lawn care, exterior cleaning, and domestic help could fill gaps in the current market.
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Knoxville’s automotive industry should not be overlooked. With an average of 1.7 vehicles per household and a total of 145,927 vehicles available, there is a clear demand for automotive-related services in the city. The New Car Dealers sector shows potential sales of $367.46 million against actual sales of $326.76 million, suggesting Knoxville could support additional dealerships. Given that the majority of workers drive to work alone (72.9%), the need for reliable vehicle maintenance and repair services is likely high.
In Knoxville, the business services industry presents a compelling opportunity for franchises. With a robust base of 13,932 businesses and 144,014 employees, there is a market for services that support the operations and growth of these companies. From marketing and consulting to accounting and logistics, franchises that offer to streamline business processes and enhance productivity have the potential to flourish.
Could Knoxville Be the Perfect Spot for Your Franchise?
- What's the demand for goods and services like in Knoxville?
- How many people could my franchise potentially reach?
- Is the workforce in Knoxville strong enough to support my franchise?
- Does Knoxville have a financially stable community?
- What about the housing market? Does it reflect community stability?
- Why is Knoxville a good location for a franchise?
What's the demand for goods and services like in Knoxville?
Residents in Knoxville spend $7.45 billion annually, demonstrating steady consumer demand and a strong market for franchise opportunities.
How many people could my franchise potentially reach?
With 203,964 residents and 88,983 households, your business can tap into a large, diverse, and growing customer base.
Is the workforce in Knoxville strong enough to support my franchise?
Yes! With 57,194 employed individuals, Knoxville offers a reliable labor market for hiring and business growth.
Does Knoxville have a financially stable community?
Indeed. The median household income in Knoxville is $54,623, reflecting a community that can afford a variety of franchise offerings.
What about the housing market? Does it reflect community stability?
Certainly. With 41,891 owner-occupied homes, Knoxville showcases a stable and invested population with strong local ties.
Why is Knoxville a good location for a franchise?
With a high-spending population, workforce availability, and strong economic stability, Knoxville offers a high-potential market for franchise growth.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of February 22, 2025: