Best Restaurant Locations in Minnesota 55402

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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 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
Afro Deli 705 Marquette Ave Minneapolis, MN 55402		African Food, Deli, Mediterranean Food	View
Caribou Coffee 200 S 6th St Minneapolis, MN 55402	Caribou Coffee	Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View
Bob Dylan Mural 5th And Hennepin Minneapolis, MN 55402		None	View
Cardigan Donuts 40 S 7th St Ste 207 Minneapolis, MN 55402		Catering, Coffee Shop, Donut Shop	View
Coconut Whisk Cafe & Boba Shop 905 Nicollet Mall Minneapolis, MN 55402		Bubble Tea Shop, Cafe, Waffles	View
Valentino Cafe 900 2nd Ave S Minneapolis, MN 55402		Cafe	View
Los Ocampo Express 40 S 7th St Level 2 Minneapolis, MN 55402		Mexican Food	View
Caribou Coffee 900 2nd Ave S Ste 200 Minneapolis, MN 55402	Caribou Coffee	Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View
Chipotle Mexican Grill 50 S 6th St Ste 240 Minneapolis, MN 55402	Chipotle Mexican Grill	Catering, Counter Service, Dinner, Lunch, Mexican Food	View
Chipotle Mexican Grill 200 S 6th St Ste 100 Minneapolis, MN 55402	Chipotle Mexican Grill	Catering, Counter Service, Dinner, Lunch, Mexican Food	View
The Melting Pot Restaurant 80 S 9th St Minneapolis, MN 55402	The Melting Pot Restaurant	Dessert, Dinner, Drinks, Fine Dining, Fondue, Lunch	View
Bep Eatery 100 S 5th St Ste 210 Minneapolis, MN 55402		Vietnamese Food	View
Barrio 925 Nicollet Mall Minneapolis, MN 55402		Bar or Pub, Cocktail Lounge, Late Night, Mexican Food	View
Wyn 65 S 7th St Minneapolis, MN 55402		American Food, Burgers, Truck or Cart	View
Planet Smoothie 651 Nicollet Mall Ste 113 Minneapolis, MN 55402	Planet Smoothie	Breakfast, Counter Service, Smoothie & Juice Bar, Snacks	View
Green The Grain 109 S 7th St Ste 257 Minneapolis, MN 55402		Salad	View
Freshii 651 Nicollet Mall Ste 239 Minneapolis, MN 55402	Freshii	Catering, Counter Service, Dinner, Healthy Food, Lunch, Salad, Sandwich Shop	View
Caribou Coffee 109 S 7th St Ste 247 Minneapolis, MN 55402	Caribou Coffee	Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View
Soya Food Truck Minneapolis, MN 55402		Truck or Cart	View
Potbelly Sandwich Works 210 Ids Center 80 8th S Minneapolis, MN 55402	Potbelly Sandwich Works	Breakfast, Catering, Counter Service, Dinner, Lunch, Sandwich Shop	View
Naf Naf Middle Eastern Grill 40 S 7th St Ste 206 Minneapolis, MN 55402	Naf Naf Middle Eastern Grill	Catering, Counter Service, Dinner, Lunch, Middle Eastern Food	View
Naf Naf Middle Eastern Grill 200 S 6th St Minneapolis, MN 55402	Naf Naf Middle Eastern Grill	Catering, Counter Service, Dinner, Lunch, Middle Eastern Food	View
Caribou Coffee 651 Nicollet Mall Minneapolis, MN 55402	Caribou Coffee	Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View
Naf Naf Grill 200 S 6th St Ste 110 Minneapolis, MN 55402		Mediterranean Food, Middle Eastern Food, Salad	View
Caribou Coffee 100 S 5th St Minneapolis, MN 55402	Caribou Coffee	Coffee Shop, Counter Service, Dessert, Snacks, Tea House	View

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.

Poor site selection stands as a critical factor contributing to the failure of restaurants in Minnesota 55402. 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. Minnesota 55402, 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 Minnesota 55402. 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.