Updated 2026 • Population 633,104 • 49% Renters • 180 Laundromats
Averaged across mapped laundromat parcels in Memphis. Sources: WashBizHub location index, CLEANBI enrichment layer (U.S. Census ACS, Walk Score, parcel-level POI counts).
Renter density and population density are the two strongest CLEANBI signals for laundromat revenue. Both are pulled from the most recent U.S. Census ACS release. The competitor-density comparator shows how saturated Memphis is vs the TN state average (nearby_competitor_count within ~1 mile of each laundromat parcel).
Memphis, TN has approximately 180 laundromats serving a population of 633,104 residents. With a 49% renter population and median household income of $41,228, Memphis presents steady demand for laundromat services. Memphis offers the lowest acquisition costs among major metros — strong cap rates for operators focused on efficiency.
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 Memphis, TN typically list for $100,000-$250,000. Prices vary based on equipment age, location, lease terms, and revenue. Average annual revenue for mid-size stores is $100,000-$200,000.
Memphis has a 49% renter population and approximately 180 laundromats serving 633,104 residents. Memphis offers the lowest acquisition costs among major metros — strong cap rates for operators focused on efficiency.
Key factors for Memphis: 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.
There are no active for-sale listings in Memphis on WashBizHub right now. Set a free Deal Alert and we'll email you the moment a new listing matches your buy box.
We don't have enough CLEANBI-scored listings in Memphis yet to publish an average. You can still score any specific address yourself with CLEANBI Explorer in under 60 seconds.
We don't have enough square-footage data on Memphis listings to publish a median yet. Use the Valuation Calculator to model any specific deal once you have the listing details.
Memphis laundromats average 7.0 competing laundromats within a 1-mile radius, and population density runs 30% below the Tennessee state average. CLEANBI's full 17-factor scorecard weighs competition against demographics so you can see whether a specific block is over-saturated or under-served.
By Nick Kremers — Founder, WashBizHub. Third-generation laundromat operator. Reviewed by the WashBizHub editorial team.
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