Tennessee: who owns Main Street

State of Main Street Ownership — Q4 2026 · Data as of November 6, 2026

Classified businesses
237,476
Independent (no chain or franchise brand)
89.5%
US: 91.1%
List a phone number
96%
List a website
81%

Top 10 industries in Tennessee

#IndustryBusinesses
1Restaurant12,685
2Real Estate11,528
3Hair Salon9,467
4Clothing Boutique4,835
5Auto Repair4,395
6Hotel & Lodging4,223
7Attorney4,218
8Insurance4,081
9Auto Dealer3,529
10Dental3,400

Top 5 cities by business count

  1. 1Nashville, TN28,803
  2. 2Memphis, TN21,848
  3. 3Knoxville, TN17,179
  4. 4Chattanooga, TN12,297
  5. 5Murfreesboro, TN7,387

Cities are ranked by listed city name, not metro area: suburbs are not rolled into their metro.

Buying guides

Counts are businesses in the 390 industries the report classifies; Tennessee’s independent share is weighted by location across those industries. “Independent” means no chain or franchise brand in the listing; brand coverage is partial, so chain share is understated.

Counts describe businesses that exist, not businesses listed for sale, and say nothing about any owner’s intent to sell or any buyer’s returns.

Read the national report for fragmentation by industry, reachability, methodology and the full data downloads.

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