Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Restaurant Location in Colorado Springs

Marketlyzer calculates a 75/100 opportunity score for restaurants in Colorado Springs, supported by high competition and $62,000 average income, plus a 71/100 foot traffic index.

With a startup-to-income ratio of 4.1:1, Colorado Springs requires efficient operations to maximize Restaurant profitability

75/100 opportunity score
755,000 metro residents
$62,000 average income
73/100 launch timing score
Good - Favorable Window
Schedule Consultation
478K
City Population
$62K
Avg Income
High
Business Density
5
Key Industries
Market Analysis

Restaurant Opportunity Score

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

75 / 100

Market Opportunity

Based on 7 comprehensive market factors

Strong 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

Colorado Springs Restaurant Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Colorado Springs

With a startup-to-income ratio of 4.1:1, Colorado Springs requires efficient operations to maximize Restaurant profitability

The balanced Restaurant market in Colorado Springs rewards innovation, with 71 foot traffic index

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

Competitive Market Position

How Colorado Springs ranks nationally for restaurants

With a 75.65/100 opportunity score, Colorado Springs outperforms 75% of comparable markets for Restaurant ventures

Average income of $62,000 positions Colorado Springs in the upper-middle market segment, ideal for value-focused Restaurant concepts

Strategic Recommendations

Actionable strategies tailored for Colorado Springs

⏰ Market entry timing: Colorado Springs's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

📍 Location strategy: Moderate traffic (71) with affordable rent ($24/sqft) favors larger footprint strategy in Colorado Springs - consider 2,000+ sqft locations

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

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 (71) - organic visibility

Seasonal Levers

  • Holiday dining
  • Summer outdoor seating
  • Event catering opportunities

Restaurant Market Analysis for Colorado Springs

Why Colorado Springs for Restaurants?

  • Metro population of 755,000 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

Foot traffic
Essential
Demographics
Essential
Competition density
Essential
Parking availability
Essential
Visibility
Essential
Local cuisine preferences
Essential

Restaurant Market Insights for Colorado Springs

Tourism industry creates diverse dining opportunities and higher traffic

Seasonal Considerations for Colorado Springs

Holiday dining

Summer outdoor seating

Event catering opportunities

Best Colorado Springs Neighborhoods for Restaurants

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

Downtown Colorado Springs

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

Colorado Springs vs Other United States Cities for Restaurants

City Population Avg Income Market Score Action
Colorado Springs ⭐ 755,000 $62,000
75/100
Current City
Atlanta 6,307,000 $71,000
90/100
Compare →
New York 19,500,000 $79,000
87/100
Compare →
Dallas 7,760,000 $66,000
86/100
Compare →
Raleigh 1,468,000 $72,000
85/100
Compare →

Restaurant FAQs for Colorado Springs

Why is now the right time to open in Colorado Springs?

With a 75.65/100 opportunity score, Colorado Springs outperforms 75% of comparable markets for Restaurant ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Which customers convert best?

Tourism industry creates diverse dining opportunities and higher traffic

What should my first location focus on?

⏰ Market entry timing: Colorado Springs's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

How do local conditions impact operations?

Holiday dining

Ready to Open Your Restaurant in Colorado Springs?

Good - Favorable Window with a 75/100 opportunity score, high competition, and a 71/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.