Franchises for Sale in Knoxville, Tennessee
Knoxville, Tennessee Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
2 | Ledgers | Business Services | $50,000 | ||
3 | Automated Investments | Business Opportunities | $100,000 | ||
4 | Batteries Plus | Retail Franchises | $100,000 | ||
5 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
6 | Zoomin Groomin | Pet | $90,000 | ||
7 | Apricot Lane | Retail Franchises | $80,000 | ||
8 | Dickey's Barbecue Pit | Food | $100,000 | ||
9 | SiteSwan Website Builder | Business Opportunities | $149 | ||
10 | Mathnasium Learning Centers | Education 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 (2023) | 85,810 | |
Households (2028) | 92,094 | |
Population (2023) | 198,156 | |
Population (2028) | 210,986 | |
Per capita Income (2023) | $36,157 | |
Total Household Expenditures | $5,222,714,955 | |
Total Retail Expenditures | $2,455,769,789 | |
Average Household Income (2023) | $82,655 | |
Average Household Income (2028) | $82,579 | |
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.
Read MoreKnoxville’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.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: