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 55408
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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1221 W Lake St |
American Food, Chicken Wings | View |
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1015 W Lake St |
Chinese Food | View |
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3255 Bryant Ave S |
Bakery, Coffee Shop | View |
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2755 Hennepin Ave |
Chinese Food, Vietnamese Food | View |
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312 W Lake St |
American Food, Greek Food, Mediterranean Food | View |
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821 W Lake St |
Brunch, Coffee Shop | View |
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2743 Lyndale Ave S |
Asian Food, Brunch, Sandwich Shop, Truck or Cart | View |
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2919 Knox Ave S |
American Food, Bar or Pub, Healthy Food, Late Night, Wine Bar | View |
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Stella's Fish Cafe & Prestige Oyster Bar
1400 W Lake St |
Fish & Chips, Seafood, Sushi | View |
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824 W 36th St |
Asian Food | View |
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3400 Nicollet Ave |
Japanese Food | View |
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2710 Nicollet Ave |
BBQ and Southern Food, Deli | View |
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824 W 36th St |
Bakery, Bar or Pub, Cafe, Late Night, Wine Bar | View |
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3035 Lyndale Ave S |
Chinese Food, Vietnamese Food | View |
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Harry Singh's Original Caribbean Restaurant
2653 Nicollet Ave |
Caribbean Food | View |
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1601 W Lake St |
Bar or Pub, Brunch, Italian Food, Late Night, Wine Bar | View |
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904 W 36th St |
Donut Shop | View |
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Lyndale Avenue And Lake |
None | View |
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505 E Lake St |
Coffee Shop, Dessert, Waffles | View |
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2624 Nicollet Ave |
Sandwich Shop, Vietnamese Food | View |
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2743 Lyndale Ave S |
Ice Cream Shop | View |
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2647 Nicollet Ave |
African Food | View |
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2662 Bryan Ave |
Burgers | View |
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2608 Nicollet Ave |
Asian Food | View |
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3041 Nicollet Ave |
Bakery | View |
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Restaurant Site Selection Considerations for Minnesota 55408
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 55408, one crucial factor to consider is the household income of the area. Minnesota 55408 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 55408 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 55408. 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