Comprehensive Market Data

Best Restaurant Location in Greenville

Our analysis of Greenville reveals $22/sqft commercial rates, 72/100 pedestrian activity, and moderate saturation—key factors in the very high outlook for restaurant ventures.

Greenville restaurant economics: $255K investment, $58K target demographic, 4.4x cost-to-income.

75/100 opportunity score
928,000 metro residents
$58,000 average income
73/100 launch timing score
Good - Favorable Window
Book Strategy Call
70K
City Inhabitants
$58K
Avg Earnings
High
Market Activity
5
Key Industries
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Greenville, United States

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Competitor Locations
Opportunity Zones
High Traffic Areas
928,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis

Restaurant Opportunity Score: Greenville

Market nuances specific to Greenville's demographics

75 / 100

Market Opportunity

Based on 7 comprehensive market factors

Above-Average 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

Restaurant Market in Greenville

systematic opportunity mapping

Market Position

Greenville positioning

Greenville restaurant economics: $255K investment, $58K target demographic, 4.4x cost-to-income.

Real estate: $22 per sqft, pedestrian index 72/100, projecting $22,000 monthly occupancy cost.

Consumer base of 0.9M at $58K average income drives a $54B economic opportunity.

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

Calculated viability of 59/100 based on 4.4x investment, 72 foot traffic, $22 occupancy.

Local economy driven by Automotive, Manufacturing—households averaging $58K.

Steady 2.5% growth with moderate competition indicates mature market conditions.

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

Competitive Position

National ranking for restaurants

Score: 75.8/100. 0.9M people. $58K income.

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

Traffic: 72. Rent: $22/sqft. Income: $58K.

Very High growth. Moderate competition. Score: 75.8.

0.9M metro. $22/sqft rent. 72 foot traffic.

$255K startup. $22,000/mo rent. 53 income-months to recoup.

Score 75.8. Moderate competition. Good entry point.

$53.8B total income across 0.9M people.

Strategic Recommendations

Actionable strategies tailored for Greenville

Very High growth. Moderate competition. Plan accordingly.

Traffic: 72. Rent: $22/sqft. $22,000/mo for 1000 sqft.

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

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

Traffic 72. Balanced. Mix storefront and digital.

0.9M metro. Focus on one location first.

$264,000/yr rent. 455.2% 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 (72) - organic visibility

Seasonal Levers

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

How Greenville dominates

scaled across 0.9M consumers

Greenville's $58,000 average income runs 43% above the $40,492 national benchmark, supporting premium pricing.

Greenville's $22/sqft lease rates undercut the $33/sqft benchmark by 32%.

Greenville's 72/100 walkability index runs 8% lower than typical (79/100).

Regional reach of 0.9M positions Greenville 76% below the 3.8M standard.

Restaurant Market Analysis for Greenville

Why Greenville for Restaurants?

  • Metro population of 928,000 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

Seasonal Considerations for Greenville

Holiday dining

Summer outdoor seating

Event catering opportunities

Best Neighborhoods in Greenville

Commercial corridors serving $58K earners

Downtown Greenville

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

Greenville vs Other United States Cities for Restaurants

City Population Avg Income Market Score Action
Greenville ⭐ 928,000 $58,000
75/100
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 Greenville

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

01

$255K startup. $22,000/mo rent. 53 income-months to recoup.

02

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

03

Compared to Atlanta, Greenville scores -15 points higher—explaining the real estate premium.

04

Our restaurant opportunity index scores Greenville at 76/100—reflecting $58,000 resident earnings and 72 traffic rating.

05

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

FAQ

Restaurant FAQs for Greenville

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

What makes the Greenville market distinctive?

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

What operational lever matters most for restaurants in Greenville?

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

How does Greenville compare to other restaurant markets?

Greenville outranks Atlanta by -15 points for restaurants, reflecting stronger fundamentals across income, traffic, and competition.

What playbook works best for restaurants in Greenville?

$264,000/yr rent. 455.2% of local income. Factor that in.

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 Greenville?

Good - Favorable Window with a 75/100 opportunity score, high competition, and a 72/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.