Best Restaurant Locations in Lakeville, Minnesota

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Restaurant Ring Radius Site Selection Reports

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Restaurant 1 3 5 Mile Radius Demographics & Market Data Available

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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 Lakeville, 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
Starbucks 17740 Kenwood Trl Lakeville, MN 55044	Starbucks	Bakery, Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View
McDonald's 21044 Kenrick Ave Lakeville, MN 55044	McDonald's	Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Lunch	View
Culver's 17800 Kenwood Trl Lakeville, MN 55044	Culver's	Burgers, Counter Service, Dinner, Drive Through, Fast Food, Ice Cream Shop, Lunch	View
Cracker Barrel 17189 Kenyon Ave Lakeville, MN 55044	Cracker Barrel	American Food, Breakfast, Brunch, Casual Dining, Catering, Dinner, Lunch	View
Taco Bell 16085 Elmhurst Ln Lakeville, MN 55044	Taco Bell	Breakfast, Counter Service, Dinner, Drive Through, Fast Food, Late Night, Lunch, Mexican Food	View
Buffalo Wild Wings 18425 Orchard Trl Lakeville, MN 55044	Buffalo Wild Wings	American Food, Casual Dining, Chicken Wings, Dinner, Late Night, Lunch, Sports Bar	View
McDonald's 17645 Cedar Ave Lakeville, MN 55044	McDonald's	Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Lunch	View
Freddy's Frozen Custard 16076 Pilot Knob Rd Lakeville, MN 55044	Freddy's Frozen Custard	Burgers, Counter Service, Dinner, Ice Cream Shop, Lunch	View
Northern Taphouse 18404 Kenrick Ave Lakeville, MN 55044		American Food, Bar or Pub, Burgers, Cocktail Lounge, Late Night	View
McDonald's 20158 Icenic Trl Lakeville, MN 55044	McDonald's	Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Lunch	View
Taco Bell 17750 Kenwood Trl Lakeville, MN 55044	Taco Bell	Breakfast, Counter Service, Dinner, Drive Through, Fast Food, Late Night, Lunch, Mexican Food	View
McDonald's 16205 Kenyon Ave Lakeville, MN 55044	McDonald's	Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Lunch	View
Babe's Music Bar 20685 Holyoke Ave Lakeville, MN 55044		American Food, Bar or Pub, Late Night, Music Venue	View
Chipotle Mexican Grill 17599 Kenwood Trl Ste 100 Lakeville, MN 55044	Chipotle Mexican Grill	Catering, Counter Service, Dinner, Lunch, Mexican Food	View
Starbucks 16227 Kenrick Ave Lakeville, MN 55044	Starbucks	Bakery, Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View
Barley Vine Kitchen & Bar 17516 Dodd Blvd Lakeville, MN 55044		American Food, Bar or Pub, Late Night	View
Teresa's Mexican Restaurant 20202 Heritage Dr Lakeville, MN 55044		Mexican Food	View
Ole Piper Family Restaurant and Sports Bar 16604 Cedar Ave S Lakeville, MN 55068		American Food, Bar or Pub, Late Night, Pizza, Sports Bar	View
Toppers Pizza 20730 Holyoke Ave Lakeville, MN 55044	Toppers Pizza	Catering, Chicken Wings, Counter Service, Dinner, Late Night, Lunch, Pizza	View
Subway 17446 Kenwood Trl Lakeville, MN 55044	Subway	Breakfast, Counter Service, Dinner, Lunch, Sandwich Shop	View
MrBeast Burger 17387 Kenyon Ave Lakeville, MN 55044	Mr Beast Burger	Beverages, Burgers, Chicken, Meats, Snacks	View
Jimmy John's 17681 Kenwood Trl Lakeville, MN 55044	Jimmy John's	Catering, Counter Service, Deli, Dinner, Lunch, Sandwich Shop	View
El Parian 17557 Glasgow Ave Lakeville, MN 55044		Mexican Food	View
Caribou Coffee 17880 Kenwood Trl Lakeville, MN 55044	Caribou Coffee	Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View
Caribou Coffee 18444 Kenrick Ave Lakeville, MN 55044	Caribou Coffee	Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View

Restaurant Site Selection Considerations for Lakeville, 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 Lakeville, 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. Lakeville, 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 Lakeville, 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.