Marketlyzer

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Data-Driven Market Intelligence

Best Coffee Shop Location in Memphis

Marketlyzer calculates a 69/100 opportunity score for coffee shops in Memphis, supported by moderate competition and $48,000 average income, plus a 68/100 foot traffic index.

Memphis's 2.6:1 capital-to-wage ratio sits in the sweet spot—Coffee Shops can succeed with solid fundamentals

69/100 opportunity score
1,348,000 metro residents
$48,000 average income
48/100 launch timing score
Moderate - Strategic Entry
Schedule Consultation
628K
City Population
$48K
Avg Income
Moderate
Business Density
5
Key Industries
Interactive Location Finder

Find the Best Coffee Shop Location in Memphis

Use our AI-powered map to discover the perfect street address in Memphis. Select your target area and unlock competitor gaps, foot traffic data, and optimal zones.

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Coffee Shop Finder

Memphis, United States

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Competitor map
Foot traffic data
Optimal zones
Revenue estimate

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Competitor Locations
Opportunity Zones
High Traffic Areas
1,348,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis

Coffee Shop Opportunity Score

Data-driven potential for success in Memphis based on 7 key market factors

69 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate Opportunity

Financial Overview

Average Startup Cost
$125,000
Industry Success Rate
38%
Expected ROI Timeline
12-24 months
Customer Draw Radius
1,200m
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We'll show you the exact neighborhoods and addresses where your coffee shop will thrive—with competitor gaps, foot traffic data, and revenue potential.

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Unique Market Intelligence

Memphis Coffee Shop Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Memphis

Memphis's 2.6:1 capital-to-wage ratio sits in the sweet spot—Coffee Shops can succeed with solid fundamentals

Population concentration at 67,400 per commercial unit fuels consistent demand

Memphis's balanced Coffee Shop landscape rewards innovation—pedestrian flow rates 68/100

Competitive Market Position

How Memphis ranks nationally for coffee shops

Memphis achieves 69.2/100, positioning it mid-pack among Coffee Shop markets nationally

Strategic Recommendations

Actionable strategies tailored for Memphis

⏰ Strategic timing: Plan Memphis entry over next 15-20 months to align with peak growth cycle. High expansion rates make waiting for 'perfect' conditions less critical than consistent execution.

📍 Real estate advantage: Memphis's $20/sqft lets you lock in prime corners that'd cost 2-3x elsewhere. The 68 traffic index means investing in storefront appeal and local marketing to compensate for lower natural flow.

💰 Value positioning imperative: Memphis's $48,000 average income means price sensitivity is high. Win through smart bundling, loyalty programs, and perceived value rather than premium pricing—every 10% price increase risks 15-20% customer loss.

📢 Guerrilla + digital mix: Memphis's 68 traffic and moderate incomes mean cost-effective marketing is essential. Focus on free channels: Google Business optimization (0 cost), community engagement, local partnerships, supplemented by small but targeted Facebook ads ($500-1000/month).

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Moderate - Strategic Entry

With moderate saturation, Memphis rewards operators who execute fundamentals exceptionally well. Invest in staff training, consistent quality, and local community engagement over the next 6-12 months to build sustainable advantage.

Timing score: 48/100
  • 📈 High growth outlook - strong expansion timing
  • ⚖️ Moderate competition - balanced market entry

Seasonal Levers

  • Summer iced drinks
  • Winter specialty drinks
  • Student seasons

Coffee Shop Market Analysis for Memphis

Why Memphis for Coffee Shops?

  • Metro population of 1,348,000 provides large customer base
  • Average income of $48,000 supports coffee shop spending
  • Moderate business density indicates healthy economic activity
  • Strong morning traffic opportunities throughout the city
  • Strong office density opportunities throughout the city

Coffee Shop Success Factors

Morning traffic
Essential
Office density
Essential
Competition
Essential
Parking
Essential
Ambiance potential
Essential
Wi-Fi infrastructure
Essential

Seasonal Considerations for Memphis

Summer iced drinks

Winter specialty drinks

Student seasons

Best Memphis Neighborhoods for Coffee Shops

Data-driven analysis of optimal areas based on coffee shop success factors

Downtown Memphis

High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base

Business District

Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities

Suburban Areas

Growth Area
Family-oriented demographics
Lower competition density
Ample parking available

Memphis vs Other United States Cities for Coffee Shops

City Population Avg Income Market Score Action
Memphis ⭐ 1,348,000 $48,000
69/100
Current City
Atlanta 6,307,000 $71,000
90/100
Compare →
Plano 7,760,000 $102,000
90/100
Compare →
Frisco 7,760,000 $127,000
88/100
Compare →
Fort Lauderdale 6,166,000 $73,000
87/100
Compare →
Market Signals

Coffee Shop Insights Unique to Memphis

Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.

01

Coffee Shop opportunity score in Memphis hits 69/100 thanks to $48,000 incomes and 68/100 foot traffic.

02

Population concentration at 67,400 per commercial unit fuels consistent demand

03

Memphis achieves 69.2/100, positioning it mid-pack among Coffee Shop markets nationally

04

In Memphis, Ambiance potential becomes the tiebreaker.

05

Compared to Atlanta, Memphis scores -22 points higher—explaining the real estate premium.

FAQ

Coffee Shop FAQs for Memphis

Each answer references real Memphis data so this section is unique across the site.

How does Memphis compare to other coffee shop markets?

Memphis outranks Atlanta by -22 points for coffee shops, reflecting stronger fundamentals across income, traffic, and competition.

What playbook works best for coffee shops in Memphis?

⏰ Strategic timing: Plan Memphis entry over next 15-20 months to align with peak growth cycle. High expansion rates make waiting for 'perfect' conditions less critical than consistent execution.

What makes the Memphis market distinctive?

Population concentration at 67,400 per commercial unit fuels consistent demand

What operational lever matters most for coffee shops in Memphis?

Ambiance potential should lead your playbook when launching in Memphis.

Ready to Open Your Coffee Shop in Memphis?

Moderate - Strategic Entry with a 69/100 opportunity score, moderate competition, and a 68/100 foot traffic index. With moderate saturation, Memphis rewards operators who execute fundamentals exceptionally well. Invest in staff training, consistent quality, and local community engagement over the next 6-12 months to build sustainable advantage.