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 Minnesota 55402
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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114 S 8th St |
American Food, Bar or Pub, Brunch, Late Night | View |
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801 Hennepin Ave |
The Capital Grille | American Food, Cocktail Lounge, Dinner, Drinks, Fine Dining, Lunch, Seafood, Steak House, Wine Bar | View |
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212 S 7th St |
American Food, Bar or Pub, Late Night | View |
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820 Marquette Ave |
Japanese Food, Truck or Cart | View |
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50 S 6th St |
The Oceanaire Seafood Room | American Food, Dinner, Fine Dining, Lunch, Seafood | View |
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825 Marquette Ave |
American Food, Brunch, Fine Dining, Steak House | View |
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77 S 7th St |
American Food, Bar or Pub, Cocktail Lounge, Late Night | View |
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225 S 6th St Ste 240 |
Greek Food | View |
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825 Hennepin Ave |
Crave America | American Food, Casual Dining, Dinner, Japanese Food, Lunch, Sushi | View |
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50 S 6th St |
Deli, Sandwich Shop, Truck or Cart | View |
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N 7th St & S 7th St & Hennepin Ave |
Truck or Cart | View |
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800 Lasalle Ave Ste 130 |
American Food | View |
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800 Lasalle Ave Ste 211 |
Vietnamese Food | View |
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555 Nicollet Mall |
Italian Food, Pizza, Sandwich Shop | View |
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800 Marquette Ave Ste 107 |
American Food, Bar or Pub, Burgers, Late Night, Sports Bar | View |
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40 S 7th St Ste 109 |
Salad, Sandwich Shop, Soup | View |
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220 S 6th St Ste 215 |
Burgers | View |
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40 S 7th St |
Leeann Chinn | Chinese Food, Counter Service, Dinner, Lunch | View |
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121 S 8th St Ste 215 |
Mediterranean Food, Middle Eastern Food, Salad | View |
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821 Marquette Ave W Hotel Minneapolis The Foshay |
American Food, Bar or Pub, Cocktail Lounge, Late Night | View |
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200 S 6th St |
Salad | View |
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6th & Nicollet St |
Truck or Cart | View |
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114 S 9th St |
American Food, Bar or Pub, Brunch, Late Night | View |
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710 Marquette Ave |
American Food, Bar or Pub, Late Night | View |
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88 S 9th St |
Jimmy John's | Catering, Counter Service, Deli, Dinner, Lunch, Sandwich Shop | View |
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Restaurant Site Selection Considerations for Minnesota 55402
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 55402, one crucial factor to consider is the household income of the area. Minnesota 55402 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 55402 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 55402. 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.
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