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Franchises in Tennessee

The state of Tennessee boasts a favorable economic outlook, with a projected GDP growth rate of 2.5% over the next three years. The Volunteer State’s growing population, which is projected to reach over 7 million people by 2025, is a key driver of Tennessee’s financial health. Tennessee had the 8th highest net migration of all U.S. states in 2022, with roughly 82K more people moving into the state than leaving the state in the period, in part due to its exceptionally low personal tax burden.

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In addition to individuals, businesses also benefit from Tennessee’s tax policies. Ranking 14th among all states in the Tax Foundation’s Business Tax Climate Index, Tennessee has demonstrated an ongoing commitment to incentivizing business formation and hiring.

The fastest growing industries in Tennessee, and the largest employer within each industry, include:

  1. Healthcare: HCA Healthcare
  2. Automotive Manufacturing: Nissan North America
  3. Hospitality and Tourism: Marriott International
  4. Logistics and Distribution: FedEx Corporation
  5. Information Technology: Dell Technologies

Starting a franchise in Tennessee makes sense due to the state's favorable business environment, robust population growth and increasingly-diverse range of industries. The low tax burden for individuals provides another compelling reason for startup entrepreneurs, small business owners and franchisees to call Tennessee home.

Tennessee has long been a fervent supporter of the franchise business model. According to the International Franchise Association, the almost-19K franchised businesses within the state created 219K jobs and accounted for $10B in GDP in 2021. Tennessee is also home to many of the most recognizable franchise brands. The top 6 franchise systems headquartered in Tennessee include:

  1. MAPCO Express
  2. Krystal
  3. Checkers Drive-In Restaurants, Inc.
  4. Captain D's
  5. Pancake Pantry
  6. Taziki's Mediterranean Cafe

Health & Fitness Franchises

GYMGUYZ

At GYMGUYZ, we know one thing for sure: people will always want to look and feel good and are willing to pay for the proper trainers to help them reach their health and fitness goals. That’s why we created a new category within the fitness industry by…

Cash Required: $50,000

Senior Care Franchises

Senior Care Authority

We have experience in the senior care business and have fine-tuned every aspect of our placement agency operation. Senior Residential placement services provide assistance to help identify the best location for seniors to live at no additional cost to…

Cash Required: $100,000

Home Services & Repair Franchises

Action Exteriors

Action Exteriors specializes in roofing, siding, gutters, and windows. Our team is committed to providing top-notch quality, expert craftsmanship, and a customer experience that surpasses that of any other exterior company. Requires multi-unit ownership.

Cash Required: $50,000

Home Services & Repair Franchises

Helpful Heroes

Helpful Heroes eliminates the uncertainty in the $500+ billion home service industry by powering every territory with off-duty firefighters - America’s most trusted professionals. While "no-shows" and safety concerns plague the market, we provide…

Cash Required: $50,000

Sports and Recreation

D1 Training

D1 Training is a fitness franchise that delivers Division 1-style athletic training for all ages and skill levels. Through expert coaching, structured programs, and a team-oriented environment, members build strength, speed, and overall performance. With a…

Cash Required: $250,000

Retail Franchises

Batteries Plus

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 is here to help. Learn more about…

Cash Required: $100,000

Business Opportunities

CartCapital - Subscription Based E-Commerce Store

Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep! You can easily make 6-7 figures in passive income when we build your e-commerce empire and money-making…

Cash Required: $30,000

Food & Restaurant

Crispy Cones

Crispy Cones wowed the Sharks on Shark Tank with its fresh take on gourmet soft-serve in hand-rolled cones. Partnered with Barbara Corcoran and now looking for new franchisees. Fast-growing. High demand. Limited territories. Jump in now.

Cash Required: $100,000

Financial Franchises

Purchase A Franchise Using Your Retirement Plan

This is NOT a franchise or business opportunity. This is a service offered to those seeking to purchase a franchise or business using their retirement funds without having to pay the taxes and penalties. You can purchase a franchise or traditional business…

Cash Required: $30,000

Retail Franchises

Apricot Lane Boutique

Build a women’s fashion boutique that fits your style—backed by a structure proven across markets. Apricot Lane Boutique has supported franchise owners since 2007, and many started with little retail experience. Tap strong vendor relationships, fast buying…

Cash Required: $100,000

Home Services & Repair Franchises

The Paver Company

A hardscaping franchise built for experienced contractors ready to scale. With steady lead generation, proven systems, and strong brand support, The Paver Company helps owners grow margins, stabilize revenue, and build long-term business value.

Cash Required: $50,000

Auto Franchises

Wheel Color It

Wheel Color It is now offering its one of a kind Franchise to individuals or companies that want to enter the highly profitable multi billion Wheel Repair industry. Our Franchisee or their employees provide the service from a 18’ mobile workshop that has the…

Cash Required: $165,000

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