Businesses for Sale | Memphis, Tennessee
Discover business opportunities, in or around Memphis, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Memphis, located in The Volunteer State had a total population of 633,325 people.
Top Franchise Opportunities in Memphis, Tennessee on Franchise.com for 2026
Is Memphis the Best Location for Franchise Opportunities and Growth?
What is the average income in Memphis?
The median household income in Memphis is $53,353, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Memphis an affordable place to start a franchise?
With a median income of $53,353, Memphis presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Memphis's income compare to other locations?
The median income of $53,353 in Memphis is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Memphis have a stable workforce to support my business?
Absolutely! With 142,181 employed individuals, Memphis offers a solid labor force to support franchise growth.
Is Memphis a growing economy?
With a workforce of 142,181 and a median household income of $53,353, Memphis provides an emerging economic environment for new business opportunities.
Does homeownership in Memphis indicate a stable market?
Homeownership rates at 114,455 show a strong local investment in the community, which benefits long-term franchise success.