Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Restaurant Location in Montreal

Marketlyzer calculates a 72/100 opportunity score for restaurants in Montreal, supported by high competition and $45,000 average income, plus a 74/100 foot traffic index.

With a startup-to-income ratio of 5.7:1, Montreal requires efficient operations to maximize Restaurant profitability

72/100 opportunity score
4,365,000 metro residents
$45,000 average income
38/100 launch timing score
Cautious - High Preparation
Schedule Consultation
1,763K
City Population
$45K
Avg Income
High
Business Density
5
Key Industries
Market Analysis

Restaurant Opportunity Score

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

72 / 100

Market Opportunity

Based on 7 comprehensive market factors

Strong Opportunity

Financial Overview

Average Startup Cost
$255,000
Industry Success Rate
18%
Expected ROI Timeline
18-36 months
Customer Draw Radius
800m
Unique Market Intelligence

Montreal Restaurant Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Montreal

With a startup-to-income ratio of 5.7:1, Montreal requires efficient operations to maximize Restaurant profitability

exceptional customer density of 181,875 residents per commercial dollar provides natural demand

The balanced Restaurant market in Montreal rewards innovation, with 74 foot traffic index

Strong industry alignment with Montreal's Technology, Finance sectors creates 2x synergy multiplier for Restaurant customer acquisition

Competitive Market Position

How Montreal ranks nationally for restaurants

With a 72.1/100 opportunity score, Montreal outperforms 75% of comparable markets for Restaurant ventures

Strategic Recommendations

Actionable strategies tailored for Montreal

📍 Location strategy: Moderate traffic (74) with affordable rent ($24/sqft) favors larger footprint strategy in Montreal - consider 2,000+ sqft locations

💰 Pricing strategy: $45,000 average income indicates value-focused positioning - volume over margin approach recommended for Montreal Restaurants

👥 Staffing advantage: 50% college-educated population provides strong talent pool - hire locally for Montreal Restaurant operations

📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Montreal

🔄 Expansion runway: 4,365,000 market supports 2-3 locations - establish proof of concept before multi-unit expansion in Montreal

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Cautious - High Preparation

Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.

Timing score: 38/100
  • ⚖️ Moderate competition - balanced market entry
  • 🚶 Good foot traffic (74) - organic visibility

Seasonal Levers

  • Holiday dining
  • Summer outdoor seating
  • Event catering opportunities

Restaurant Market Analysis for Montreal

Why Montreal for Restaurants?

  • Metro population of 4,365,000 provides large customer base
  • Average income of $45,000 supports restaurant spending
  • High business density indicates healthy economic activity
  • Strong foot traffic opportunities throughout the city
  • Strong demographics opportunities throughout the city

Restaurant Success Factors

Foot traffic
Essential
Demographics
Essential
Competition density
Essential
Parking availability
Essential
Visibility
Essential
Local cuisine preferences
Essential

Seasonal Considerations for Montreal

Holiday dining

Summer outdoor seating

Event catering opportunities

Best Montreal Neighborhoods for Restaurants

Data-driven analysis of optimal areas based on restaurant success factors

Downtown Montreal

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

Montreal vs Other Canada Cities for Restaurants

City Population Avg Income Market Score Action
Montreal ⭐ 4,365,000 $45,000
72/100
Current City
Toronto 6,712,000 $56,000
84/100
Compare →
Edmonton 1,418,000 $74,000
83/100
Compare →
Ottawa 1,488,000 $62,000
77/100
Compare →
Calgary 1,680,000 $68,000
76/100
Compare →

Restaurant FAQs for Montreal

Why is now the right time to open in Montreal?

With a 72.1/100 opportunity score, Montreal outperforms 75% of comparable markets for Restaurant ventures Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.

Which customers convert best?

30% of households earn $75k+, sustaining premium spend for restaurants

What should my first location focus on?

📍 Location strategy: Moderate traffic (74) with affordable rent ($24/sqft) favors larger footprint strategy in Montreal - consider 2,000+ sqft locations

How do local conditions impact operations?

Holiday dining

Ready to Open Your Restaurant in Montreal?

Cautious - High Preparation with a 72/100 opportunity score, high competition, and a 74/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.