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Restaurant Ring Radius Site Selection Reports

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Restaurant 1 3 5 Mile Radius Demographics & Market Data Available

Select your business or a competitor below to unlock site selection insights.

  • Population Demographics included 5 and 10 year forecasts.
  • Household Incomes
  • Weekly Per Capita Expenditures across relevant restaurant categories
  • Competitive Business Density (aka, how many similar businesses in the location)
  • Other important factors to your industry

Restaurant Competitive Intelligence for Illinois 61602

View a list of the local restaurant competition and click on location name for more details regarding estimated visitor traffic, population demographics, popular visit times, and more. Includes a 1, 3, 5-mile site selection data analytics report for each restaurant location.

Restaurant Locations Affiliation Services Report Popularity
  Pizza View
  Bar or Pub View

Subway

411 Hamilton Blvd Ste 1
Peoria, IL 61602

Subway Breakfast, Counter Service, Dinner, Lunch, Sandwich Shop View
  American Food, BBQ and Southern Food, Bar or Pub View
  Burgers, Irish Food View

Zion Coffee Bar

803 SW Adams St
Peoria, IL 61602

  Bar or Pub, Coffee Shop, Late Night, Wine Bar View

Mikey's Pizza & Subs

3110 Gale Avenue & Forrest Hl
Peoria, IL 61602

  Pizza View
  Bar or Pub, Dive Bar, Late Night, Pizza, Sports Bar View
  None View
  Cafe, Coffee Shop View
  Italian Food, Pizza, Salad View

Jimmy John's

208 Southwest Adams One Technology Plaza
Peoria, IL 61602

Jimmy John's Catering, Counter Service, Deli, Dinner, Lunch, Sandwich Shop View
  Bar or Pub, Late Night, Music Venue, Pizza, Sports Bar View

Avery's

456 Fulton St Ste 170
Peoria, IL 61602

  None View
  Brunch, Coffee Shop View
  Brunch, Mexican Food View

W F L

120 SW Water St
Peoria, IL 61602

  Catering, Pizza View

Casa De Arte

1227 SW Adams St
Peoria, IL 61602

  Bar or Pub, Cocktail Lounge, Late Night, Mexican Food View
  American Food, Bar or Pub, Irish Pub, Late Night View

Donna's Downtown Deli

456 Fulton St Ste 160
Peoria, IL 61602

  Deli View
  American Food View

Emack & Bolio's

110 NE Water St
Peoria, IL 61602

  Gourmet, Ice Cream Shop, Smoothie & Juice Bar, Sweet Shop View
  Bakery, Brunch, Coffee Shop View

Restaurant Site Selection Considerations for Illinois 61602

Restaurant Site Insight

Since 2014, Marc Smookler, Kevin James, and the Plotr Team have been empowering business operators and owners with location data insights. They are the geo-intelligence experts.

Poor site selection stands as a critical factor contributing to the failure of restaurants in Illinois 61602. Neglecting the significance of site selection can have detrimental consequences that ultimately lead to a restaurant going out of business.

Firstly, selecting a location with inadequate foot traffic can severely hinder a restaurant's chances of success. If a restaurant is situated in an area with low visibility or limited customer flow, it will struggle to attract a sufficient number of patrons. Insufficient foot traffic directly impacts customer acquisition and can result in reduced revenue and profitability, making it difficult for the restaurant to sustain its operations.

Secondly, poor site selection may lead to intense competition and market saturation. Illinois 61602, with its diverse culinary landscape, demands careful consideration of existing competitors. Choosing a site in close proximity to well-established, popular restaurants without offering a unique value proposition can dilute the customer base and lead to fierce competition. In such scenarios, the restaurant may struggle to differentiate itself, resulting in decreased market share and potential failure.

Thirdly, ignoring the demographics and preferences of the local population can prove detrimental. Understanding the target market's characteristics, such as age, income levels, and cultural preferences, is crucial for tailoring the restaurant's offerings and ambiance. Failure to align with the preferences and demands of the local population may result in a lack of customer interest and loyalty, leading to declining patronage and eventual closure.

Lastly, disregarding essential infrastructure factors can contribute to a restaurant's downfall. Factors such as parking availability, accessibility to public transportation, and proximity to major attractions or residential areas significantly impact customer convenience. If a site lacks adequate parking or is challenging to reach, potential diners may choose more accessible alternatives, resulting in lost business opportunities.

In conclusion, poor site selection acts as a critical failure factor for restaurants in Illinois 61602. It diminishes visibility, exposes the business to intense competition, disregards the preferences of the local population, and neglects crucial infrastructure considerations. To avoid the risks associated with poor site selection, thorough research, data analysis, and a deep understanding of the target market are necessary to identify a prime location that will maximize the restaurant's chances of success and sustainability.

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