Restaurant opportunity score in Charleston hits 75/100 thanks to $62,000 incomes and 79/100 foot traffic.
Best Restaurant Location in Charleston
The restaurant opportunity in Charleston factors 799.0K addressable market, $28/sqft occupancy cost, and the sector's 18% survival baseline.
Capital requirements for Charleston: $255K startup facing $62K earning households at 4.1x leverage.
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Viability Index: Restaurant in Charleston
Exclusive intelligence from Charleston's commercial zones
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
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Access detailed foot traffic data, competitor locations, and demographic breakdowns for every Charleston neighborhood.
The 799K Consumer Opportunity
comprehensive market assessment
Market Position
Charleston positioning
Capital requirements for Charleston: $255K startup facing $62K earning households at 4.1x leverage.
Operating in Charleston: $28/sqft rent, 79-point foot traffic, $28,000/mo baseline for 1K sqft unit.
Market scale: 0.8M population × $62K income = $50B consumer spending power.
Market dynamics: high saturation, very high expansion, 4.1x capital requirement.
Viability assessment: 4.1x capital needs, 79/100 exposure, $28/sqft overhead yields 61/100 score.
Local economy driven by Tourism, Port Services—households averaging $62K.
Market growing at 2.5% annually. High competitive environment. Stable outlook.
$255K startup. 49 local income-months to break even.
Competitive Position
National ranking for restaurants
Score: 74.85/100. 0.8M people. $62K income.
Restaurant costs $255K to open. Income ratio: 0.24x.
Traffic: 79. Rent: $28/sqft. Income: $62K.
Very High growth. High competition. Score: 74.85.
0.8M metro. $28/sqft rent. 79 foot traffic.
$255K startup. $28,000/mo rent. 49 income-months to recoup.
Score 74.85. Average conditions. Execution decides success.
$49.5B total income across 0.8M people.
Strategic Recommendations
Actionable strategies tailored for Charleston
Very High growth. High competition. Plan accordingly.
Traffic: 79. Rent: $28/sqft. $28,000/mo for 1000 sqft.
$62K income. Mid-tier pricing works. Offer options.
Restaurant: $255K to open. 49 income-months to recoup.
Traffic 79. Balanced. Mix storefront and digital.
0.8M metro. Focus on one location first.
$336,000/yr rent. 541.9% of local income. Factor that in.
Very 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.
- 🚀 Very high growth trajectory - first-mover advantage available
- 🔥 High competition - differentiation critical
- 🚶 Good foot traffic (79) - organic visibility
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
How Charleston surpasses
based on 79/100 traffic metrics
Charleston's $62,000 average income runs 53% above the $40,492 national benchmark, supporting premium pricing.
Charleston's $28/sqft lease rates undercut the $33/sqft benchmark by 14%.
Regional reach of 0.8M positions Charleston 79% below the 3.8M standard.
Restaurant Market Analysis for Charleston
Why Charleston for Restaurants?
- Metro population of 799,000 provides large customer base
- Average income of $62,000 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
Restaurant Market Insights for Charleston
Tourism industry creates diverse dining opportunities and higher traffic
Seasonal Considerations for Charleston
Holiday dining
Summer outdoor seating
Event catering opportunities
Charleston Neighborhood Guide
Matching restaurant requirements to Charleston zones
Downtown Charleston
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaCharleston vs Other United States Cities for Restaurants
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Charleston ⭐ | 799,000 | $62,000 |
|
Current City |
| Atlanta | 6,307,000 | $71,000 |
|
Explore → |
| Plano | 7,760,000 | $102,000 |
|
View data → |
| Frisco | 7,760,000 | $127,000 |
|
Compare → |
| Fort Lauderdale | 6,166,000 | $73,000 |
|
Check it → |
Restaurant Insights Unique to Charleston
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
Viability assessment: 4.1x capital needs, 79/100 exposure, $28/sqft overhead yields 61/100 score.
Score 74.85. Average conditions. Execution decides success.
In Charleston, Competition density becomes the tiebreaker because high competition levels.
Charleston leads Atlanta by -16 opportunity points, justifying elevated location costs.
Restaurant FAQs for Charleston
Each answer references real Charleston data so this section is unique across the site.
What makes the Charleston market distinctive?
Viability assessment: 4.1x capital needs, 79/100 exposure, $28/sqft overhead yields 61/100 score.
What operational lever matters most for restaurants in Charleston?
Competition density should lead your playbook because high competition levels when launching in Charleston.
How does Charleston compare to other restaurant markets?
Charleston outranks Atlanta by -16 points for restaurants, reflecting stronger fundamentals across income, traffic, and competition.
What playbook works best for restaurants in Charleston?
0.8M metro. Focus on one location first.
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 Charleston?
Good - Favorable Window with a 74/100 opportunity score, high competition, and a 79/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.