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The table below offers a collection of data aimed at giving potential franchisees a glimpse into their market landscape. Click Read More to delve deeper, uncovering additional information to assist you in making a well-informed decision. These insights are tailored to highlight the opportunities in your city as you consider a franchise purchase.
| Key Data Points for Clarksville, Tennessee | ||
| Data | Clarksville, TN | Nationwide |
|---|---|---|
| Population | 176.78 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -16.0379% | 0.5% |
| Median Household Income | $83,040 | $74,580 |
| Median Age | 29.27 | 38.9 |
| Residents per Business | 1 to 35 | 10 to 1 |
| Annual Household Expenditures | $4.13 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
Given the data on Clarksville, TN, we can make informed suggestions for franchise opportunities that could thrive in this area.
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Automotive franchises could also see success in Clarksville. The data shows that there are 130,734 vehicles available among 66,905 households, averaging about 2.0 vehicles per household. This indicates a high dependency on personal transportation, with 83.2% of the worker base driving to work alone. An automotive franchise specializing in maintenance, repair, or even car sales could capitalize on the needs of this vehicle-reliant population.
Home services franchises present another opportunity in Clarksville. With 38,935 owner-occupied housing units and a median home value of $220,823, there is potential for franchises offering home improvement, landscaping, and maintenance services. The substantial investments residents make in their homes suggest they would likely utilize services to maintain or increase their property's value.
The food industry is typically a robust sector for franchising, and in Clarksville, with a total annual consumer expenditure on food and beverages of $614.22 million, a food franchise could be quite lucrative.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Clarksville, Tennessee Franchise Opportunities (and Businesses for Sale)
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