Popular Restaurant Franchises & Brands
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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 Golden Valley, Minnesota
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 |
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5725 Duluth St |
Caribou Coffee | Coffee Shop, Counter Service, Dessert, Snacks, Tea House | View |
|
8845 7th Ave N |
Culver's | Burgers, Counter Service, Dinner, Drive Through, Fast Food, Ice Cream Shop, Lunch | View |
|
6620 Wayzata Blvd |
Taco Bell | Breakfast, Counter Service, Dinner, Drive Through, Fast Food, Late Night, Lunch, Mexican Food | View |
|
9315 Medicine Lake Rd |
McDonald's | Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Lunch | View |
|
5410 Wayzata Blvd |
American Food, BBQ and Southern Food, Brunch | View |
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|
850 Louisiana Ave S |
Benihana | Casual Dining, Dinner, Grill, Japanese Food, Lunch, Seafood, Steak House, Sushi | View |
|
5621 Duluth St |
Mexican Food | View |
|
|
6400 Wayzata Blvd |
American Food, Bar or Pub, Brunch, Late Night, Sports Bar | View |
|
|
730 Winnetka Ave N |
McDonald's | Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Lunch | View |
|
Buffalo Wild Wings Corporate Office
5500 Wayzata Blvd Ste 1600 |
BBQ and Southern Food, Bar or Pub, Late Night | View |
|
|
7808 Highway 55 |
Noodles & Company | American Food, Asian Food, Catering, Counter Service, Dinner, Lunch | View |
|
8900 Golden Valley Rd |
Red Lobster | American Food, Casual Dining, Dinner, Lunch, Seafood | View |
|
550 Winnetka Ave N |
American Food, Bar or Pub, Late Night, Wine Bar | View |
|
|
7802 Highway 55 # 140 |
Starbucks | Bakery, Coffee Shop, Counter Service, Dessert, Snacks, Tea House | View |
|
8008 Highway 55 |
Jimmy John's | Catering, Counter Service, Deli, Dinner, Lunch, Sandwich Shop | View |
|
515 Winnetka Ave N |
Chipotle Mexican Grill | Catering, Counter Service, Dinner, Lunch, Mexican Food | View |
|
7345 Country Club Dr |
American Food, Bar or Pub, Chicken Wings, Late Night | View |
|
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6920 Wayzata Blvd |
Perkins Restaurant & Bakery | American Food, Bakery, Beverages, Breakfast, Brunch | View |
|
6660 Wayzata Blvd |
Burger King | Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Late Night, Lunch | View |
|
Pickerman's Soup and Sandwich's
701 Xenia Ave S |
Sandwich Shop, Soup | View |
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|
7712 Highway 55 |
Subway | Breakfast, Counter Service, Dinner, Lunch, Sandwich Shop | View |
|
663 Winnetka Ave N |
Davanni's | Catering, Counter Service, Dinner, Lunch, Pizza, Sandwich Shop | View |
|
693 Winnetka Ave N |
Chinese Food | View |
|
|
7746 Highway 55 |
Pancheros | Catering, Counter Service, Dinner, Late Night, Lunch, Mexican Food | View |
|
6920 Wayzata Blvd |
Mr Beast Burger | Beverages, Burgers, Chicken, Meats, Snacks | View |
|
Restaurant Site Selection Considerations for Golden Valley, Minnesota
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 Golden Valley, Minnesota. 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. Golden Valley, Minnesota, 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 Golden Valley, Minnesota. 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.
More Restaurant Performance Insights
- The Top 10 Site-Selection Considerations When Opening a New Restaurant
- Why Restaurant Owners Should Utilize 1-3-5 Mile Radius Reports When Choosing a New Location
- Unveiling the Radius Report: Key Insights for Restaurant Operators to Drive Success
- Navigating the Radius: Avoiding Common Pitfalls When Analyzing 1-3-5 Mile Reports for Restaurant Success
- Reasons Restaurants Fail: Why Location Matters
- The Impact of Site Selection: Lessons from Failed Restaurant Franchises