100 city markets/Memphis, TN
Covered market #29

Businesses for sale in Memphis, TN

14,432 business establishments operate in Memphis, and 7,460 of them employ between 5 and 99 people — the range most often bought and sold by individual owners. Retail leads the local mix with 2,227 firms.

Local market

What the Memphis business base looks like

Business establishments14,432

Every physical location with paid employees in Memphis ZIP codes.

Employing 5 to 99 people7,460

Large enough to run without the owner on site, small enough for an individual buyer. This is where most transactions happen.

Share of the local base52%

The rest are mostly owner-only businesses, which rarely change hands as going concerns.

Largest industries in Memphis

  • Retail2,227
  • Healthcare & social assistance1,610
  • Restaurants & accommodation1,478
  • Personal & repair services1,350
  • Professional & technical services1,148

These five account for 54% of establishments in Memphis. A buyer's odds are best where the local base is deepest, and a seller competes with everyone else in the same column.

Source: U.S. Census Bureau, ZIP Business Patterns 2023. Figures cover the ZIP codes the Postal Service assigns to Memphis, which approximates but does not exactly match the city limits. Establishment counts are locations with paid employees; sole proprietors without employees are not included. Latest available year: 2023.

Buying, selling, combining

No single industry carries Memphis.

The five largest categories split 7,813 businesses between them fairly evenly, with retail only 1.4× the size of healthcare and social assistance. Demand is spread rather than concentrated.

Buy in Memphis

7,460 businesses here employ 5 to 99 people. That is enough to be selective without waiting months between candidates — worth watching retail and healthcare and social assistance in particular.

Search this market

Sell in Memphis

With no dominant industry in Memphis, buyers arrive with broader criteria and fewer direct comparisons. A clearly presented business stands out sooner than it would in a concentrated market.

Start an owner listing

Combine several into one

Acquirers looking for scale in Memphis often cannot buy it in one piece. 2,227 retail firms is the kind of depth that lets several be combined into one company big enough for a buyer that would not look at any of them alone.

How combinations work

Nothing here is a listing or an offer. Confidential details stay behind NDA acceptance and the seller's own consent.