Marketlyzer
Verified Restaurant Data

Best Restaurant Location in Surrey

Data from Surrey shows very high expansion potential: 568K residents, $47,000 average income, and commercial space averaging $26/sqft in moderate-competition zones.

Capital requirements for Surrey: $255K startup facing $47K earning households at 5.4x leverage.

76/100 opportunity score
2,732,000 metro residents
$47,000 average income
73/100 launch timing score
Good - Favorable Window
Request Analysis
568K
City Headcount
$47K
Median Income
High
Market Density
5
Industry Mix
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Surrey, Canada

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Foot traffic data
Optimal zones
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Competitor Locations
Opportunity Zones
High Traffic Areas
2,732,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis

How Surrey Scores for Restaurants

Proprietary metrics for Surrey's restaurant landscape

76 / 100

Market Opportunity

Based on 7 comprehensive market factors

Favorable Market

Financial Overview

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

Why Surrey for Restaurant?

in-depth location evaluation

Market Position

Surrey positioning

Capital requirements for Surrey: $255K startup facing $47K earning households at 5.4x leverage.

Real estate: $26 per sqft, pedestrian index 74/100, projecting $26,000 monthly occupancy cost.

Consumer base of 2.7M at $47K average income drives a $128B economic opportunity.

Competitive landscape shows moderate density with very high momentum (5.4x investment ratio).

Calculated viability of 48/100 based on 5.4x investment, 74 foot traffic, $26 occupancy.

Technology and Film anchor Surrey's $47K-income economy.

Market growing at 1.8% annually. Moderate competitive environment. Stable outlook.

$255K startup. 65 local income-months to break even.

Competitive Position

National ranking for restaurants

Score: 76.1/100. 2.7M people. $47K income.

Restaurant costs $255K to open. Income ratio: 0.18x.

Traffic: 74. Rent: $26/sqft. Income: $47K.

Very High growth. Moderate competition. Score: 76.1.

2.7M metro. $26/sqft rent. 74 foot traffic.

$255K startup. $26,000/mo rent. 65 income-months to recoup.

Score 76.1. Moderate competition. Good entry point.

$128.4B total income across 2.7M people.

Strategic Recommendations

Actionable strategies tailored for Surrey

Very High growth. Moderate competition. Plan accordingly.

Traffic: 74. Rent: $26/sqft. $26,000/mo for 1000 sqft.

$47K income. Value positioning needed. Volume matters.

Restaurant: $255K to open. 65 income-months to recoup.

Traffic 74. Balanced. Mix storefront and digital.

2.7M metro. $47K income. 2-3 locations possible.

$312,000/yr rent. 663.8% of local income. Factor that in.

Very High growth absorbs Moderate competition. Worth entering.

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Good - Favorable Window

Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Timing score: 73/100
  • 🚀 Very high growth trajectory - first-mover advantage available
  • ⚖️ Moderate competition - balanced market entry
  • 🚶 Good foot traffic (74) - organic visibility

Seasonal Levers

  • Holiday dining
  • Summer outdoor seating
  • Event catering opportunities
National Benchmarks

How Surrey outperforms

calibrated to $47K demographics

At $47,000 per household, Surrey exceeds typical markets ($40,492) by 16%, creating premium service demand.

Real estate at $26/sqft puts Surrey 20% below market norms ($33/sqft).

A 74/100 foot traffic index places Surrey 6% below the 79/100 national median, requiring destination-draw strategies.

With 2.7M metro residents, Surrey falls below the 3.8M benchmark by 29%.

Where to Set Up in Surrey

Zone-by-zone breakdown of Surrey's commercial areas

Downtown Surrey

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

Surrey vs Other Canada Cities for Restaurants

City Population Avg Income Market Score Action
Surrey ⭐ 2,732,000 $47,000
76/100
Current City
Toronto 6,712,000 $56,000
84/100
Explore →
Mississauga 6,712,000 $54,000
83/100
Review →
Edmonton 1,418,000 $74,000
83/100
Check it →
Markham 6,712,000 $62,000
83/100
Check it →
Market Signals

Restaurant Insights Unique to Surrey

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

01

Competitive landscape shows moderate density with very high momentum (5.4x investment ratio).

02

Score 76.1. Moderate competition. Good entry point.

03

In Surrey, Competition density becomes the tiebreaker because moderate competition levels.

04

The -9-point advantage over Toronto shows why Surrey maintains higher commercial rents.

05

Surrey rates 76/100 for restaurants, driven by $47,000 average income and 74/100 pedestrian activity.

FAQ

Restaurant FAQs for Surrey

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

What playbook works best for restaurants in Surrey?

Very High growth. Moderate competition. Plan accordingly.

What makes the Surrey market distinctive?

Competitive landscape shows moderate density with very high momentum (5.4x investment ratio).

What operational lever matters most for restaurants in Surrey?

Competition density should lead your playbook because moderate competition levels when launching in Surrey.

How does Surrey compare to other restaurant markets?

Benchmarked against Toronto, Surrey delivers -9 additional opportunity points—driven by superior market conditions.

Data Sources & Methodology

Our analysis combines multiple authoritative data sources

Economic Data

  • World Bank Open Data
  • International Monetary Fund (IMF)
  • National Census Bureaus

Business Intelligence

  • Ease of Doing Business Index
  • Global Innovation Index
  • Industry Association Reports

Demographics

  • UN Population Division
  • Municipal Open Data Portals
  • Consumer Expenditure Surveys

Real Estate

  • Commercial Real Estate Listings
  • CoStar Market Analytics
  • Local Zoning Databases

Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.

Ready to Open Your Restaurant in Surrey?

Good - Favorable Window with a 76/100 opportunity score, high competition, and a 74/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.