Laundromats for Sale in Minneapolis, MN — 2026 Market Data & Listings

Updated 2026 • Population 429,954 • 52% Renters • 120 Laundromats

Minneapolis Live Market Snapshot

Averaged across mapped laundromat parcels in Minneapolis. Sources: WashBizHub location index, CLEANBI enrichment layer (U.S. Census ACS, Walk Score, parcel-level POI counts).

Neighborhood Demographics

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.

Minneapolis Laundromat Market Overview

Minneapolis, MN has approximately 120 laundromats serving a population of 429,954 residents. With a 52% renter population and median household income of $62,583, Minneapolis presents steady demand for laundromat services. Minneapolis's harsh winters and growing Somali and East African communities drive year-round laundromat demand.

Best Neighborhoods for a Laundromat in Minneapolis

• Phillips — Score this address with CLEANBI to see demographics and competition
• Near North — Score this address with CLEANBI to see demographics and competition
• Powderhorn — Score this address with CLEANBI to see demographics and competition
• Cedar-Riverside — Score this address with CLEANBI to see demographics and competition
• Longfellow — Score this address with CLEANBI to see demographics and competition

How to Evaluate a Minneapolis Laundromat Before Buying

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.

FAQs: Buying a Laundromat in Minneapolis

How much does a laundromat cost in Minneapolis?

Laundromats for sale in Minneapolis, MN typically list for $150,000-$350,000. Prices vary based on equipment age, location, lease terms, and revenue. Average annual revenue for mid-size stores is $130,000-$270,000.

Is Minneapolis a good market for buying a laundromat?

Minneapolis has a 52% renter population and approximately 120 laundromats serving 429,954 residents. Minneapolis's harsh winters and growing Somali and East African communities drive year-round laundromat demand.

What should I look for when buying a laundromat in Minneapolis?

Key factors for Minneapolis: 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.

Tools for Minneapolis Laundromat Buyers

Live Market FAQ — Minneapolis, MN

How many laundromats are for sale in Minneapolis, MN right now?

There are no active for-sale listings in Minneapolis on WashBizHub right now. Set a free Deal Alert and we'll email you the moment a new listing matches your buy box.

What's the average CLEANBI score for Minneapolis laundromats on the market?

We don't have enough CLEANBI-scored listings in Minneapolis yet to publish an average. You can still score any specific address yourself with CLEANBI Explorer in under 60 seconds.

What does a laundromat cost per square foot in Minneapolis?

We don't have enough square-footage data on Minneapolis listings to publish a median yet. Use the Valuation Calculator to model any specific deal once you have the listing details.

Is Minneapolis a competitive market for laundromat buyers?

Run any specific Minneapolis address through CLEANBI Explorer to see competition, demographics, and a 17-factor location score in under 60 seconds.