Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Restaurant Location in Sherbrooke

Marketlyzer calculates a 57/100 opportunity score for restaurants in Sherbrooke, supported by moderate competition and $42,000 average income, plus a 70/100 foot traffic index.

With a startup-to-income ratio of 6.1:1, Sherbrooke requires efficient operations to maximize Restaurant profitability

57/100 opportunity score
227,000 metro residents
$42,000 average income
20/100 launch timing score
Cautious - High Preparation
Schedule Consultation
172K
City Population
$42K
Avg Income
Moderate
Business Density
5
Key Industries
Market Analysis

Restaurant Opportunity Score

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

57 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate 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

Sherbrooke Restaurant Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Sherbrooke

With a startup-to-income ratio of 6.1:1, Sherbrooke requires efficient operations to maximize Restaurant profitability

lower customer density of 11,350 per commercial dollar suggests premium positioning opportunities

The balanced Restaurant market in Sherbrooke rewards innovation, with 70 foot traffic index

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

Competitive Market Position

How Sherbrooke ranks nationally for restaurants

Sherbrooke's 57.5/100 score indicates moderate opportunity, ranking in the 50th percentile for Restaurant success factors

Strategic Recommendations

Actionable strategies tailored for Sherbrooke

📍 Location strategy: Moderate traffic (70) with affordable rent ($20/sqft) favors larger footprint strategy in Sherbrooke - consider 2,000+ sqft locations

💰 Pricing strategy: $42,000 average income indicates value-focused positioning - volume over margin approach recommended for Sherbrooke Restaurants

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

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: 20/100
  • ⚖️ Moderate competition - balanced market entry

Seasonal Levers

  • Holiday dining
  • Summer outdoor seating
  • Event catering opportunities

Restaurant Market Analysis for Sherbrooke

Why Sherbrooke for Restaurants?

  • Metro population of 227,000 provides large customer base
  • Average income of $42,000 supports restaurant spending
  • Moderate 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

Restaurant Market Insights for Sherbrooke

Tourism industry creates diverse dining opportunities and higher traffic

Seasonal Considerations for Sherbrooke

Holiday dining

Summer outdoor seating

Event catering opportunities

Best Sherbrooke Neighborhoods for Restaurants

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

Downtown Sherbrooke

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

Sherbrooke vs Other Canada Cities for Restaurants

City Population Avg Income Market Score Action
Sherbrooke ⭐ 227,000 $42,000
57/100
Current City
Toronto 6,712,000 $56,000
84/100
Compare →
Mississauga 6,712,000 $54,000
83/100
Compare →
Edmonton 1,418,000 $74,000
83/100
Compare →
Markham 6,712,000 $62,000
83/100
Compare →

Restaurant FAQs for Sherbrooke

Why is now the right time to open in Sherbrooke?

Sherbrooke's 57.5/100 score indicates moderate opportunity, ranking in the 50th percentile for Restaurant success factors Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.

Which customers convert best?

Tourism industry creates diverse dining opportunities and higher traffic

What should my first location focus on?

📍 Location strategy: Moderate traffic (70) with affordable rent ($20/sqft) favors larger footprint strategy in Sherbrooke - consider 2,000+ sqft locations

How do local conditions impact operations?

Holiday dining

Ready to Open Your Restaurant in Sherbrooke?

Cautious - High Preparation with a 57/100 opportunity score, moderate competition, and a 70/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.