Franchises for Sale in Murfreesboro, Tennessee
Murfreesboro, Tennessee Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | ![]() | Batteries Plus | Retail Franchises | $100,000 | |
2 | ![]() | GarageExperts | Home Services & Repair Franchises | $60,000 | |
3 | ![]() | Proper Ecom | Business Opportunities | $50,000 | |
4 | ![]() | Zoomin Groomin | Pet | $90,000 | |
5 | ![]() | The UPS Store | Printing Packing & Shipping | $75,000 | |
6 | ![]() | Automated Investments | Business Opportunities | $100,000 | |
7 | ![]() | Lightspeed Restoration | Home Services & Repair Franchises | $100,000 | |
8 | ![]() | Poolwerx | Home Services & Repair Franchises | $80,000 | |
9 | ![]() | Dickey's Barbecue Pit | Food | $100,000 | |
10 | ![]() | My Business Venture | Computer & Internet Franchises | $10,000 |
To gain comprehensive insights into Murfreesboro, 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.
Murfreesboro, Tennessee Demographic Insights | ||
Households (2024) | 65,758 | |
Households (2029) | 72,915 | |
Population (2024) | 167,233 | |
Population (2029) | 179,995 | |
Per capita Income (2024) | $42,463 | |
Total Household Expenditures | $6,732,365,310 | |
Total Retail Expenditures | $3,377,802,703 | |
Average Household Income (2024) | $107,503 | |
Average Household Income (2029) | $112,176 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
The food industry in Murfreesboro exhibits significant potential for new franchises. The city's population is estimated to reach 167,410 in 2024, with a projected annual growth rate of 1.6% through 2029. This growing population supports a high demand for diverse dining options. With the total consumer expenditure on food and beverages expected to reach $691.72 million in 2024, there is a clear opportunity for food franchises to thrive.
Read MoreThe home services industry in Murfreesboro is poised for substantial growth, driven by an increasing number of households, estimated to be 66,290 in 2024. The demand for home maintenance and improvement services is strong, with consumers spending significantly on household operations ($185.75 million) and utilities ($340.03 million) annually. This sector's potential is further underscored by the projected 2.4% annual growth in the number of households from 2024 to 2029. Franchises offering services such as plumbing, electrical work, landscaping, and home cleaning can capitalize on this expanding market.
The healthcare sector in Murfreesboro is another area with significant growth potential. The gap report indicates a strong demand for cosmetics and beauty stores, with potential sales of $3.89 million against actual sales of $2.06 million. Optical goods stores also show promise, with potential sales of $4.42 million compared to actual sales of $3.49 million. As the population of Murfreesboro continues to grow and age, the demand for healthcare and personal care products will likely increase, providing lucrative opportunities for new franchises in these markets.
Could Murfreesboro Be the Perfect Spot for Your Franchise?
- Is Murfreesboro a financially stable market for a franchise?
- How big is the customer base in Murfreesboro?
- What's the spending potential of Murfreesboro?
- Is there a workforce to support franchise operations?
- What about the financial stability of the community?
- How stable is the housing market in Murfreesboro?
- Why should I consider a franchise in Murfreesboro?
Is Murfreesboro a financially stable market for a franchise?
With a median household income of $78,998 and 33,416 owner-occupied homes, Murfreesboro reflects a community with stable earning potential and long-term investment in the area. Local spending habits, totaling $6.73 billion annually, highlight consistent demand for goods and services.
How big is the customer base in Murfreesboro?
Murfreesboro has 167,233 residents and 65,758 households, providing a solid customer base. With fewer competing businesses, franchises have greater opportunities to build strong brand loyalty and establish a trusted presence in the community.
What's the spending potential of Murfreesboro?
Residents contribute $6.73 billion annually in household expenditures. This suggests an opportunity to serve unmet needs or provide unique offerings tailored to the community.
Is there a workforce to support franchise operations?
Yes! Murfreesboro has 49,791 employed individuals, providing a dependable labor pool. With a strong sense of community and fewer competing employers, businesses often benefit from higher employee retention and a committed workforce.
What about the financial stability of the community?
With a median household income of $78,998, Murfreesboro offers a cost-effective market where franchises can succeed by offering affordable, value-driven options.
How stable is the housing market in Murfreesboro?
With 33,416 owner-occupied homes, Murfreesboro reflects a community invested in local growth, offering fertile ground for franchises that prioritize local engagement.
Why should I consider a franchise in Murfreesboro?
While the market is smaller, fewer competitors, lower operating costs, and strong community ties make Murfreesboro an ideal location for businesses offering essential services or niche products.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of February 22, 2025: