Franchises for Sale in Nashville, Tennessee
Nashville, Tennessee Franchise Opportunities (and Businesses for Sale)
Order | Franchise Name | Industry Name | Available Capital | ||
---|---|---|---|---|---|
1 | Zoomin Groomin | Pet | $90,000 | ||
2 | Ledgers | Business Services | $50,000 | ||
3 | Batteries Plus | Retail Franchises | $100,000 | ||
4 | Automated Investments | Business Opportunities | $100,000 | ||
5 | PostalAnnex+ | Printing Packing & Shipping | $70,000 | ||
6 | FranServe - Become a Franchise Consultant! | Business Services Franchises | $50,000 | ||
7 | Apricot Lane | Retail Franchises | $80,000 | ||
8 | SiteSwan Website Builder | Business Opportunities | $149 | ||
9 | My Business Venture | Computer & Internet Franchises | $10,000 | ||
10 | Mathnasium Learning Centers | Education Franchises | $100,000 |
To gain comprehensive insights into Nashville, 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.
Nashville, Tennessee Demographic Insights | ||
Households (2023) | 296,784 | |
Households (2028) | 304,145 | |
Population (2023) | 686,496 | |
Population (2028) | 722,156 | |
Per capita Income (2023) | $50,170 | |
Total Household Expenditures | $23,057,344,837 | |
Total Retail Expenditures | $10,817,735,250 | |
Average Household Income (2023) | $115,368 | |
Average Household Income (2028) | $122,037 | |
City Data retrieved from https://sitesusa.com/Data |
Local Insights
Nashville's robust automotive market is highlighted by the fact that 37.3% of households have 2 vehicles available, signifying a significant need for automotive services. The gap report fortifies this by indicating a space in the Motor Vehicle and Parts Dealers sector, with potential sales of $2.14 billion versus actual sales of $2.1 billion. New Car Dealers specifically exhibit substantial unmet demand with potential sales of $1.64 billion against actual sales of $1.21 billion. This suggests that automotive service franchises, particularly those offering new car sales, maintenance, and repair services, have a significant opportunity for growth in Nashville.
Read MoreThe city's annual consumer expenditure on food and beverages stands at $3.37 billion. The gap report underscores the potential for growth in this sector, with general food and beverage stores seeing a potential of $1.56 billion against an actual $1.45 billion. Limited service restaurants also present an opportunity with potential sales outstripping actual sales. Franchisees have the chance to innovate with quick-service restaurants, specialty food stores, and catering services to satisfy Nashville's growing appetite.
Examining Nashville's vibrant economy, there's an evident demand for business services, which is bolstered by the city's total of 41,152 businesses and a substantial workforce of 418,238 employees. The presence of 1,323 company headquarters and the associated high number of company headquarter employees (67,690) signal a strong market for business-to-business (B2B) services. These services can range from marketing and consulting to logistics and janitorial services. Given the notable number of white-collar workers (68.1%) and a significant corporate presence, franchises that offer outsourcing solutions for small to medium-sized businesses in areas such as IT support, human resources, and financial planning could find a receptive audience.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of December 23, 2024: