Coffee Shop opportunity score in Memphis hits 69/100 thanks to $48,000 incomes and 68/100 foot traffic.
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
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Memphis, United States
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Coffee Shop Opportunity Score
Data-driven potential for success in Memphis based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Find the Perfect Coffee Shop Location in Memphis
We'll show you the exact neighborhoods and addresses where your coffee shop will thrive—with competitor gaps, foot traffic data, and revenue potential.
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.
- 📈 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
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 PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaMemphis vs Other United States Cities for Coffee Shops
Coffee Shop Insights Unique to Memphis
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
Population concentration at 67,400 per commercial unit fuels consistent demand
Memphis achieves 69.2/100, positioning it mid-pack among Coffee Shop markets nationally
In Memphis, Ambiance potential becomes the tiebreaker.
Compared to Atlanta, Memphis scores -22 points higher—explaining the real estate premium.
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.