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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 55426
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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8020 Highway 7 |
Chick-fil-A | Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Lunch | View |
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3401 Louisiana Ave S |
American Food, Bar or Pub, Bowling, Late Night | View |
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6465 Wayzata Blvd |
None | View |
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8312 State Hwy 7 |
Applebee's | American Food, Casual Dining, Catering, Dinner, Drinks, Lunch, Sports Bar | View |
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6620 Wayzata Blvd |
Taco Bell | Breakfast, Counter Service, Dinner, Drive Through, Fast Food, Late Night, Lunch, Mexican Food | View |
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850 Louisiana Ave S |
Benihana | Casual Dining, Dinner, Grill, Japanese Food, Lunch, Seafood, Steak House, Sushi | View |
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6400 Wayzata Blvd |
American Food, Bar or Pub, Brunch, Late Night, Sports Bar | View |
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8452 Highway 7 |
Panera Bread | Breakfast, Catering, Counter Service, Dinner, Lunch, Salad, Sandwich Shop, Soup | View |
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6445 Wayzata Blvd |
Buffet, Chinese Food | View |
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3650 Aquila Ave S |
Burger King | Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Late Night, Lunch | View |
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6416 W Lake St |
Mexican Food | View |
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8204 Highway 7 |
Leeann Chinn | Chinese Food, Counter Service, Dinner, Lunch | View |
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6920 Wayzata Blvd |
Perkins Restaurant & Bakery | American Food, Bakery, Beverages, Breakfast, Brunch | View |
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6660 Wayzata Blvd |
Burger King | Breakfast, Burgers, Counter Service, Dinner, Drive Through, Fast Food, Late Night, Lunch | View |
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8208 Highway 7 |
Caribou Coffee | Coffee Shop, Counter Service, Dessert, Snacks, Tea House | View |
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3005 Utah Ave S |
Asian Food, Healthy Food, Vegan Food | View |
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8229 Highway 7 |
Papa Murphy's | Dessert, Dinner, Lunch, Pizza, Salad, Take Out and Delivery Only | View |
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8126 Highway 7 |
Blaze Pizza | Counter Service, Dinner, Lunch, Pizza | View |
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6920 Wayzata Blvd |
Mr Beast Burger | Beverages, Burgers, Chicken, Meats, Snacks | View |
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7239 Cedar Lake Rd S |
Chinese Food, Vietnamese Food | View |
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7117 Cedar Lake Rd S |
Pizza Hut | Catering, Counter Service, Dinner, Lunch, Pizza, Take Out and Delivery Only | View |
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8028 Minnetonka Blvd |
BBQ and Southern Food, Bar or Pub, Late Night, Sandwich Shop | View |
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8120 Highway 7 |
Noodles & Company | American Food, Asian Food, Catering, Counter Service, Dinner, Lunch | View |
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8500 Highway 7 |
Jimmy John's | Catering, Counter Service, Deli, Dinner, Lunch, Sandwich Shop | View |
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7007 Walker St |
American Food, Bar or Pub, Brunch, Cocktail Lounge, Late Night | View |
|
Restaurant Site Selection Considerations for Minnesota 55426
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 55426. 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 55426, 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 55426. 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.
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