Top Franchises in Tennessee (TN)
Franchise Opportunities in Tennessee
Ledgers offers tax, payroll, compliance, and business advisory services to owners of small businesses and individuals desiring a full-service provider through its franchised locations.
50k Minimum Cash Required
Own a business that provides you the opportunity to help veterans, seniors, the disabled, caregivers, and others in your community. Keep them mobile by offering mobility products and equipment. Join Mobility Plus and start…
50k Minimum Cash Required
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and…
100k Minimum Cash Required
Sniffing around for a great new opportunity? Zoomin Groomin is expanding our Mobile Pet Grooming business nationwide. Set your own schedule, be your own boss and work with pets all day. We’ll be right by your side, every…
100k Minimum Cash Required
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus…
100k Minimum Cash Required
Today's busy lifestyles demand the services PostalAnnex offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex founder Jack Lentz began working out of his…
70k Minimum Cash Required
Most Popular Industries & Categories
As of November 24, 2024:
Popular Cities in Tennessee
Facts About Tennessee
| Capital: | Nashville |
| Year of Statehood: | 1796 |
| Largest Cities: | Nashville, Knoxville |
| Motto: | Agriculture and Commerce |
| Nickname: | Volunteer Stat |
Franchising Economic Indicators in Tennessee
- Tennessee ranked third in CNBC’s annual "America's Top States for Business" in 2023. (source)
- In the U.S. News & World Report state rankings, Tennessee achieved diverse placements: 5th for fiscal stability, 12th in the economy, and 16th for infrastructure. (source)
- Tennessee has the 2nd lowest state debt per capita in the country and the lowest state and local taxes paid per capita in the U.S., according to The Tax Foundation. (source)
- Tennessee was ranked #3 in the 2023 Top States for Doing Business by Area Development magazine. (source)
Here are the best franchises for sale in Tennessee. Below is a list of essential demographic data, economic indicators, and insights into key industries that will help you plan out your next franchise venture in Tennessee.
| Population per Square Mile | 167.6 |
| Per Capita Income | $32,908 |
| Total Employer Establishments | 144,457 |
| Total Employment | 2.7 million |
| Total Retail Sales per Capita | $15,187 |
Tennessee's business landscape, characterized by a dense population of 167.6 people per square mile, offers a diverse array of franchising opportunities. The state is home to 144,457 employer establishments, indicating a robust and dynamic business environment. Additionally, the total retail sales per capita of $15,187 reflect a strong consumer market, which is essential for many franchise businesses.
The state’s business climate is supported by a variety of thriving industries, including education, entertainment, agriculture, automotive, advanced manufacturing, adventure tourism, and healthcare. Each of these sectors contributes significantly to the state's economy and presents unique business opportunities. Agriculture's annual economic output of over $50 billion and the automotive industry's footprint, which employs over 100,000 workers, show the breadth of Tennessee's industrial strength.
Moreover, the growing popularity of adventure tourism, backed by state incentives, and the expansive healthcare and medical devices sector employing over 335,000 workers, underline the diverse economic landscape Tennessee offers to franchisees.
In summary, Tennessee's amalgamation of a strong economic base, diverse industries, and a supportive business environment makes it an ideal location for exploring franchise opportunities.
Cities and Industries
Nashville's demographic data shows a prosperous economic environment. The high average household income of $120,188 signals a consumer base with spending power. Key spending includes $494.44 million on entertainment and $703.58 million on healthcare, suggesting a fertile ground for franchises in the leisure and health sectors. Moreover, the considerable $1.84 billion allocated to shelter points to potential for home improvement and real estate service franchises. The city's rich musical heritage could also provide thematic inspiration for unique franchise concepts in retail and hospitality.
Memphis, with an average household income of $78,662, has a significant expenditure of $514.99 million on food and beverages, indicating a robust market for food service franchises. Additionally, the $291.74 million spent on healthcare suggests opportunities for franchises specializing in wellness and medical services. The balance of white-collar (59.3%) and blue-collar (40.7%) workers diversifies the franchise opportunities ranging from auto repair and maintenance, given the $620.88 million spent on transportation, to business services that cater to the city's workforce.
Website Analytics
Our website analytics for visitors from Tennessee indicate a 76.23% bounce rate, which is relatively high and suggests that many users leave the site without interacting beyond the first page they land on. The average of 1.54 pages per session shows that those who do engage are not exploring the site extensively. Additionally, the average session duration of 49 seconds is relatively short, indicating that visitors from Tennessee are not spending much time on the site. This pattern indicates a prime opportunity for entrepreneurs to delve into Tennessee's franchise market now, leveraging the state's latent prospects to their full advantage.
Franchise Opportunities
Tennessee presents a vibrant array of businesses for sale suited to its flourishing economic landscape. Dive into this energetic market to discover the perfect franchise that aligns with your entrepreneurial aspirations.