Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Restaurant Location in Plymouth

Marketlyzer calculates a 52/100 opportunity score for restaurants in Plymouth, supported by moderate competition and $34,000 average income, plus a 70/100 foot traffic index.

With a startup-to-income ratio of 7.5:1, Plymouth requires efficient operations to maximize Restaurant profitability

52/100 opportunity score
262,000 metro residents
$34,000 average income
20/100 launch timing score
Cautious - High Preparation
Schedule Consultation
262K
City Population
$34K
Avg Income
Moderate
Business Density
5
Key Industries
Market Analysis

Restaurant Opportunity Score

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

52 / 100

Market Opportunity

Based on 7 comprehensive market factors

Competitive Market

Financial Overview

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

Plymouth Restaurant Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Plymouth

With a startup-to-income ratio of 7.5:1, Plymouth requires efficient operations to maximize Restaurant profitability

lower customer density of 13,100 per commercial dollar suggests premium positioning opportunities

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

Strong industry alignment with Plymouth's Tourism sectors creates 1x synergy multiplier for Restaurant customer acquisition

Competitive Market Position

How Plymouth ranks nationally for restaurants

At 52.5/100, Plymouth presents a specialized opportunity requiring strategic positioning for Restaurant success

Strategic Recommendations

Actionable strategies tailored for Plymouth

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

💰 Pricing strategy: $34,000 average income indicates value-focused positioning - volume over margin approach recommended for Plymouth Restaurants

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

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 Plymouth

Why Plymouth for Restaurants?

  • Metro population of 262,000 provides large customer base
  • Average income of $34,000 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 Plymouth

Tourism industry creates diverse dining opportunities and higher traffic

Seasonal Considerations for Plymouth

Holiday dining

Summer outdoor seating

Event catering opportunities

Best Plymouth Neighborhoods for Restaurants

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

Downtown Plymouth

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

Plymouth vs Other United Kingdom Cities for Restaurants

City Population Avg Income Market Score Action
Plymouth ⭐ 262,000 $34,000
52/100
Current City
London 14,600,000 $56,000
81/100
Compare →
Leeds 3,036,000 $38,000
74/100
Compare →
Manchester 2,850,000 $38,000
73/100
Compare →
Edinburgh 1,028,000 $38,000
72/100
Compare →

Restaurant FAQs for Plymouth

Why is now the right time to open in Plymouth?

At 52.5/100, Plymouth presents a specialized opportunity requiring strategic positioning for Restaurant success 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 Plymouth - consider 2,000+ sqft locations

How do local conditions impact operations?

Holiday dining

Ready to Open Your Restaurant in Plymouth?

Cautious - High Preparation with a 52/100 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.