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$287.8B total income across 3.7M people.
Restaurant Location Experts
Best Restaurant Location in Minneapolis
For restaurants in Minneapolis, the $255,000 average investment operates against $29/sqft rent and moderate market saturation, with 18% industry success benchmarks.
Minneapolis restaurant economics: $255K investment, $78K target demographic, 3.3x cost-to-income.
81/100 opportunity score
3,690,000 metro residents
$78,000 average income
38/100 launch timing score
Cautious - High Preparation
430K
Population Size
$78K
Per-Capita Income
High
Business Density
5
Major Industries
Interactive Location Finder
Find the Best Restaurant Location in Minneapolis
Our location intelligence platform analyzes Minneapolis's commercial landscape. Explore the map to identify high-potential streets with demand-supply gaps.
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Restaurant Finder
Minneapolis, United States
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✓ Competitor map
✓ Foot traffic data
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Competitor Locations
Opportunity Zones
High Traffic Areas
3,690,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis
Minneapolis's Restaurant Potential
Exclusive intelligence from Minneapolis's commercial zones
81
/ 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
$78K Income Demographics
comprehensive market assessment
Market Position
Minneapolis positioning
Minneapolis restaurant economics: $255K investment, $78K target demographic, 3.3x cost-to-income.
Operating in Minneapolis: $29/sqft rent, 72-point foot traffic, $29,000/mo baseline for 1K sqft unit.
Consumer base of 3.7M at $78K average income drives a $288B economic opportunity.
Entry conditions: 3.3x funding multiple against moderate competition and moderate trajectory.
Calculated viability of 69/100 based on 3.3x investment, 72 foot traffic, $29 occupancy.
Primary sectors (Healthcare, Finance) power the $78K household base.
Steady 2.5% growth with moderate competition indicates mature market conditions.
$255K startup. 39 local income-months to break even.
Competitive Position
National ranking for restaurants
Score: 81.8/100. 3.7M people. $78K income.
Restaurant costs $255K to open. Income ratio: 0.31x.
Traffic: 72. Rent: $29/sqft. Income: $78K.
Moderate growth. Moderate competition. Score: 81.8.
3.7M metro. $29/sqft rent. 72 foot traffic.
$255K startup. $29,000/mo rent. 39 income-months to recoup.
Score 81.8. Moderate competition. Good entry point.
$287.8B total income across 3.7M people.
Strategic Recommendations
Actionable strategies tailored for Minneapolis
Moderate growth. Moderate competition. Plan accordingly.
Traffic: 72. Rent: $29/sqft. $29,000/mo for 1000 sqft.
$78K income. Mid-tier pricing works. Offer options.
Restaurant: $255K to open. 39 income-months to recoup.
Traffic 72. Balanced. Mix storefront and digital.
3.7M metro. $78K income. 2-3 locations possible.
$348,000/yr rent. 446.2% of local income. Factor that in.
Moderate growth. Moderate competition. Execution decides success.
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Cautious - High Preparation
Current conditions in Minneapolis favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.
Timing score: 38/100
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (72) - organic visibility
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
National Benchmarks
How Minneapolis exceeds
based on 72/100 traffic metrics
Minneapolis's $78,000 average income runs 93% above the $40,492 national benchmark, supporting premium pricing.
Minneapolis's $29/sqft lease rates undercut the $33/sqft benchmark by 11%.
Minneapolis's 72/100 walkability index runs 8% lower than typical (79/100).
Restaurant Market Analysis for Minneapolis
Why Minneapolis for Restaurants?
- Metro population of 3,690,000 provides large customer base
- Average income of $78,000 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 Minneapolis
Holiday dining
Summer outdoor seating
Event catering opportunities
Zone Analysis: Minneapolis
Matching restaurant requirements to Minneapolis zones
Downtown Minneapolis
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
Minneapolis vs Other United States Cities for Restaurants
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Minneapolis ⭐ | 3,690,000 | $78,000 |
|
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 → |
Market Signals
Restaurant Insights Unique to Minneapolis
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
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In Minneapolis, Foot traffic becomes the tiebreaker because 72/100 foot traffic readings.
03
Compared to Atlanta, Minneapolis scores -9 points higher—explaining the real estate premium.
04
Our restaurant opportunity index scores Minneapolis at 82/100—reflecting $78,000 resident earnings and 72 traffic rating.
05
Consumer base of 3.7M at $78K average income drives a $288B economic opportunity.
FAQ
Restaurant FAQs for Minneapolis
Each answer references real Minneapolis data so this section is unique across the site.
What makes the Minneapolis market distinctive?
Consumer base of 3.7M at $78K average income drives a $288B economic opportunity.
What operational lever matters most for restaurants in Minneapolis?
Foot traffic should lead your playbook because 72/100 foot traffic readings when launching in Minneapolis.
How does Minneapolis compare to other restaurant markets?
Minneapolis outranks Atlanta by -9 points for restaurants, reflecting stronger fundamentals across income, traffic, and competition.
What playbook works best for restaurants in Minneapolis?
Restaurant: $255K to open. 39 income-months to recoup.
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 Minneapolis?
Cautious - High Preparation with a 81/100 opportunity score, high competition, and a 72/100 foot traffic index. Current conditions in Minneapolis favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.