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Franchise Opportunities in Tennessee

Tennessee’s Economy Is Business Friendly

The Volunteer State is an attractive place to do business thanks to its low taxes and strong economy.

Tennessee has low individual income taxes, ranking eighth in the US in that category. It’s part of a strong state economy, which Forbes and CNBC both rank as fifth in the nation, and a financial stability that US News & World Report ranks in the top five. CNBC also notes Tennessee’s outstanding infrastructure.

Not only is Tennessee a great place to do business, it’s also a pleasant place to live and work. The state’s overall cost of living is another main attraction. There’s no state income tax, and food and housing costs are below the national average. WalletHub says that Tennesseans are less subject to work-related stress than residents of most other states.

Tennessee is an affordable, stable place to open a business. FranNet’s local experts know the state and its people, and they’re ready to help you choose a business that will work for you.

Tennessee by the numbers

  • Total population: 6,782,5641
  • Per capita GDP: $48,0762
  • Median household income: $43,2673
  • Real value of $100 in Tennessee: $110.864
  • Tennessee franchises produced an economic output of $18.1b from all sales of goods and services in 20185

Franchise brands available in Tennessee

FranNet Verified Brand - Anytime Fitness Logo

FranNet Verified Brand

Industry: Health, Fitness & W... Liquid Capital Required: $225,000 Net Worth Required: $380,000 Total Investment: $397,516 - $973,212 Financing: Via 3rd party Training: Available
FranNet Verified Brand - Great Clips Logo

FranNet Verified Brand

Industry: Health & Beauty Liquid Capital Required: $75,000 Net Worth Required: $300,000 Total Investment: $137,000 - $259,000 Financing: Via 3rd party Training: Available
FranNet Verified Brand - SmartMarket Solutions Logo

FranNet Verified Brand

Industry: Retail, Vending Liquid Capital Required: $25,000 Net Worth Required: N/A Total Investment: $110,000 - $200,000 Financing: Via 3rd party Training: Available
FranNet Verified Brand - Orangetheory Fitness Logo

FranNet Verified Brand

Industry: Health, Fitness & W... Liquid Capital Required: $500,000 Net Worth Required: $1,500,000 Total Investment: $700,000 - $900,000 Financing: Via 3rd party Training: Available
FranNet Verified Brand - The ERA Group Logo

FranNet Verified Brand

Industry: Business Services Liquid Capital Required: $69,000 Net Worth Required: $150,000 Total Investment: $76,000 - $105,000 Financing: Via 3rd party Training: Available
FranNet Verified Brand - Meineke Car Care Center Logo

FranNet Verified Brand

Industry: Automotive Liquid Capital Required: $110,000 Net Worth Required: $250,000 Total Investment: $206,774 - $561,688 Financing: Via 3rd party Training: Available
FranNet Verified Brand - Express Employment Professionals Logo

FranNet Verified Brand

Industry: Employment & Staffing Liquid Capital Required: $50,000 Net Worth Required: $250,000 Total Investment: $150,000 - $224,000 Financing: Via 3rd party Training: Available
FranNet Verified Brand - FASTSIGNS Logo

FranNet Verified Brand

Industry: Signs & Graphics Liquid Capital Required: $80,000 Net Worth Required: $300,000 Total Investment: $248,083 - $344,624 Financing: Via 3rd party Training: Available
FranNet Verified Brand - Sola Salon Studios Logo

FranNet Verified Brand

Industry: Health & Beauty Liquid Capital Required: $500,000 Net Worth Required: $1,500,000 Total Investment: $924,021 - $1,957,824 Financing: Via 3rd party Training: Available
FranNet Verified Brand - The Goddard School Logo

FranNet Verified Brand

Industry: Children, Education Liquid Capital Required: $350,000 Net Worth Required: $500,000 Total Investment: $1,003,500 - $8,908,000 Financing: Via 3rd party Training: Available
FranNet Verified Brand - Hand & Stone Logo

FranNet Verified Brand

Industry: Consumer Services, Fitn... Liquid Capital Required: $150,000 Net Worth Required: $750,000 Total Investment: $582,722 - $882,381 Financing: Via 3rd party Training: Available
FranNet Verified Brand - Lawn Doctor Logo

FranNet Verified Brand

Industry: Home Services Liquid Capital Required: $60,000 Net Worth Required: N/A Total Investment: $100,015 - $116,065 Financing: Via 3rd party Training: Available

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