Best Restaurant Locations in Minnesota 55347

Popular Restaurant Franchises & Brands

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 Minnesota 55347

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
Lions Tap Family Restaurant 16180 Flying Cloud Dr Eden Prairie, MN 55347		Burgers	View
MyBurger 9258 Hennepin Town Rd Eden Prairie, MN 55347	MyBurger	Beverages, Burgers, Dessert, Meats, Snacks	View
Pham's Deli 920 E Lake St Eden Prairie, MN 55347		Deli	View
Smith Coffee and Cafe 8107 Eden Prairie Rd Eden Prairie, MN 55347		Cafe	View
Papa Murphy's 10165 Hennepin Town Rd Eden Prairie, MN 55347	Papa Murphy's	Dessert, Dinner, Lunch, Pizza, Salad, Take Out and Delivery Only	View
Starbucks 9250 Hennepin Town Rd Eden Prairie, MN 55347	Starbucks	Bakery, Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View

Restaurant Site Selection Considerations for Minnesota 55347

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.

When it comes to selecting the perfect site for a restaurant in Minnesota 55347, one crucial factor to consider is the household income of the area. Minnesota 55347 is known for its diverse population and varying socioeconomic levels, making it essential to align the restaurant's concept and pricing with the local residents' spending power.

An in-depth analysis of the household income distribution in Minnesota 55347 is vital for understanding the target market's affordability and dining preferences. By identifying neighborhoods or areas with higher average incomes, a restaurant can position itself to cater to a more affluent clientele. This opens up opportunities to offer premium menu items, sophisticated dining experiences, and higher-priced offerings that match the purchasing power of the local residents.

Conversely, there may also be neighborhoods or areas with lower average incomes where a more budget-friendly approach is necessary. In these locations, offering affordable yet delicious meals can attract a wider customer base and foster a loyal following. Adjusting the menu, portion sizes, and pricing strategies to suit the economic realities of the local residents can help ensure the restaurant's long-term success.

Furthermore, it is crucial to consider the disposable income of the target market in Minnesota 55347. Even in areas with higher average incomes, customers may have varying spending priorities. Researching the dining habits and preferences of the local population can guide decisions on menu offerings, ambiance, and pricing strategies that resonate with their values and desires.