Updated 2026 • Population 633,104 • 49% Renters • 180 Laundromats
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.