Updated 2026 • Population 887,642 • 42% Renters • 190 Laundromats
Indianapolis, IN has approximately 190 laundromats serving a population of 887,642 residents. With a 42% renter population and median household income of $49,075, Indianapolis presents steady demand for laundromat services. Indianapolis offers strong cap rates due to low acquisition costs and moderate operating expenses. Excellent market for first-time buyers.
Step 1: Score the location — Run the address through CLEANBI Explorer for a 17-factor analysis including demographics, competition, traffic, and revenue projections. Step 2: Analyze the financials — Use the ROI Calculator to model cap rate, cash-on-cash return, and payback period. Step 3: Inspect equipment — Use Equipment Vault to appraise every machine by serial number. Step 4: Check funding — Get matched to SBA, equipment financing, or working capital through our funding partners.
Laundromats for sale in Indianapolis, IN typically list for $120,000-$280,000. Prices vary based on equipment age, location, lease terms, and revenue. Average annual revenue for mid-size stores is $110,000-$220,000.
Indianapolis has a 42% renter population and approximately 190 laundromats serving 887,642 residents. Indianapolis offers strong cap rates due to low acquisition costs and moderate operating expenses. Excellent market for first-time buyers.
Key factors for Indianapolis: lease terms (minimum 10 years remaining), equipment age (under 10 years ideal), utility costs (20-28% of revenue target), neighborhood renter density, parking availability, and competitive proximity. Run every location through CLEANBI’s 17-factor analysis before committing capital.