Proprietary Market Metrics

Best Restaurant Location in Asheville

Our analysis of Asheville reveals $28/sqft commercial rates, 88/100 pedestrian activity, and high saturation—key factors in the high outlook for restaurant ventures.

Restaurant in Asheville: $255K startup. $58K local income. 4.4x ratio.

69/100 opportunity score
470,000 metro residents
$58,000 average income
65/100 launch timing score
Good - Favorable Window
Book Expert Call
95K
City Headcount
$58K
Median Income
High
Market Density
5
Industry Mix
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Asheville, United States

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Foot traffic data
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Competitor Locations
Opportunity Zones
High Traffic Areas
470,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis

Restaurant Opportunity Score: Asheville

Proprietary metrics for Asheville's restaurant landscape

69 / 100

Market Opportunity

Based on 7 comprehensive market factors

Standard Opportunity

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

Restaurant Market in Asheville

in-depth location evaluation

Market Position

Asheville positioning

Restaurant in Asheville: $255K startup. $58K local income. 4.4x ratio.

Real estate: $28 per sqft, pedestrian index 88/100, projecting $28,000 monthly occupancy cost.

Market scale: 0.5M population × $58K income = $27B consumer spending power.

Market dynamics: high saturation, high expansion, 4.4x capital requirement.

Calculated viability of 59/100 based on 4.4x investment, 88 foot traffic, $28 occupancy.

Primary sectors (Tourism, Arts) power the $58K household base.

Baseline 2.5% expansion against high competition. Standard entry dynamics.

$255K startup. 53 local income-months to break even.

Competitive Position

National ranking for restaurants

Score: 69.2/100. 0.5M people. $58K income.

Restaurant costs $255K to open. Income ratio: 0.23x.

Traffic: 88. Rent: $28/sqft. Income: $58K.

High growth. High competition. Score: 69.2.

0.5M metro. $28/sqft rent. 88 foot traffic.

$255K startup. $28,000/mo rent. 53 income-months to recoup.

Score 69.2. Average conditions. Execution decides success.

$27.3B total income across 0.5M people.

Strategic Recommendations

Actionable strategies tailored for Asheville

High growth. High competition. Plan accordingly.

Traffic: 88. Rent: $28/sqft. $28,000/mo for 1000 sqft.

$58K income. Standard pricing. Test and adjust.

Restaurant: $255K to open. 53 income-months to recoup.

Traffic 88. Rent $28/sqft. Storefront is your marketing.

0.5M metro. Focus on one location first.

$336,000/yr rent. 579.3% of local income. Factor that in.

High growth absorbs High 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: 65/100
  • 📈 High growth outlook - strong expansion timing
  • 🔥 High competition - differentiation critical
  • 👥 Exceptional foot traffic (88) - strong discovery

Seasonal Levers

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

How Asheville dominates

based on 88/100 traffic metrics

The $58,000 income profile in Asheville positions it 43% higher than the $40,492 national norm.

Commercial rates averaging $28/sqft in Asheville sit 14% below the $33/sqft market standard, enabling competitive pricing.

Pedestrian activity scoring 88/100 in Asheville surpasses the 79/100 average by 12%.

The 0.5M regional population trails average markets (3.8M) by 88%.

Restaurant Market Analysis for Asheville

Why Asheville for Restaurants?

  • Metro population of 470,000 provides large customer base
  • Average income of $58,000 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

Restaurant Market Insights for Asheville

Tourism industry creates diverse dining opportunities and higher traffic

Exceptional foot traffic creates natural customer discovery and impulse purchases

Seasonal Considerations for Asheville

Holiday dining

Summer outdoor seating

Event catering opportunities

Best Neighborhoods in Asheville

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

Downtown Asheville

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

Asheville vs Other United States Cities for Restaurants

City Population Avg Income Market Score Action
Asheville ⭐ 470,000 $58,000
69/100
Current City
Atlanta 6,307,000 $71,000
90/100
Explore →
Plano 7,760,000 $102,000
90/100
View data →
Frisco 7,760,000 $127,000
88/100
Compare →
Fort Lauderdale 6,166,000 $73,000
87/100
Check it →
Market Signals

Restaurant Insights Unique to Asheville

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

01

In Asheville, Competition density becomes the tiebreaker because high competition levels.

02

Asheville outperforms Atlanta by -22 points on the opportunity index, highlighting why the city commands premium rents.

03

Asheville achieves 69/100 on restaurant viability metrics, leveraging $58,000 income levels and 88/100 foot flow.

04

Restaurant in Asheville: $255K startup. $58K local income. 4.4x ratio.

05

Score: 69.2/100. 0.5M people. $58K income.

FAQ

Restaurant FAQs for Asheville

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

What operational lever matters most for restaurants in Asheville?

Competition density should lead your playbook because high competition levels when launching in Asheville.

How does Asheville compare to other restaurant markets?

Asheville outperforms Atlanta by -22 points on the opportunity index, highlighting why the city commands premium rents.

What playbook works best for restaurants in Asheville?

High growth absorbs High competition. Worth entering.

What makes the Asheville market distinctive?

Restaurant in Asheville: $255K startup. $58K local income. 4.4x ratio.

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 Asheville?

Good - Favorable Window with a 69/100 opportunity score, high competition, and a 88/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.