Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Restaurant Location in Philadelphia

Marketlyzer calculates a 78/100 opportunity score for restaurants in Philadelphia, supported by high competition and $52,000 average income, plus a 77/100 foot traffic index.

At 4.9:1 investment-to-wage ratio, Philadelphia Restaurants need operational excellence to reach profitability

78/100 opportunity score
6,245,000 metro residents
$52,000 average income
30/100 launch timing score
Cautious - High Preparation
Schedule Consultation
1,603K
City Population
$52K
Avg Income
High
Business Density
5
Key Industries
Interactive Location Finder

Find the Best Restaurant Location in Philadelphia

Use our AI-powered map to discover the perfect street address in Philadelphia. Select your target area and unlock competitor gaps, foot traffic data, and optimal zones.

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Restaurant Finder

Philadelphia, United States

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Competitor map
Foot traffic data
Optimal zones
Revenue estimate

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Competitor Locations
Opportunity Zones
High Traffic Areas
6,245,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis

Restaurant Opportunity Score

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

78 / 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
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Find the Perfect Restaurant Location in Philadelphia

We'll show you the exact neighborhoods and addresses where your restaurant will thrive—with competitor gaps, foot traffic data, and revenue potential.

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Unique Market Intelligence

Philadelphia Restaurant Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Philadelphia

At 4.9:1 investment-to-wage ratio, Philadelphia Restaurants need operational excellence to reach profitability

Dense 195,156 population per commercial rent dollar creates organic customer flow

The competitive Restaurant market in Philadelphia favors established concepts, with 77 foot traffic index

Strong industry alignment with Philadelphia's Finance, Tourism sectors creates 2x synergy multiplier for Restaurant customer acquisition

Competitive Market Position

How Philadelphia ranks nationally for restaurants

Philadelphia's 78.55/100 rating places it ahead of 75% of markets for Restaurant launches

6,245,000 people across the metro make Philadelphia one of Earth's 50 most populous markets

Strategic Recommendations

Actionable strategies tailored for Philadelphia

⏰ In Philadelphia's stable market, timing matters less than positioning. Rather than rushing, use 12-18 months to secure ideal location, build relationships with suppliers, and refine your Restaurant concept.

📍 Capitalize on Philadelphia's low $32/sqft rents by choosing location based purely on target customer proximity rather than prestige addresses. Your savings can fund superior interiors, equipment, or extended operating hours.

💰 Pricing flexibility: Philadelphia's $52,000 income level supports both value and mid-tier Restaurant concepts. Test pricing to find your segment—don't assume you must compete on price alone in this middle-market city.

📢 Balanced approach: Philadelphia's 77 foot traffic provides baseline awareness, but allocate 6-8% of revenue to digital marketing (Google, social) to fill gaps and drive intentional visits. Track which channels deliver actual customers, not just impressions.

🔄 Multi-location potential: 6,245,000 metro population supports 3-5 locations within 24 months of successful launch in Philadelphia

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Cautious - High Preparation

Current conditions in Philadelphia 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: 30/100
  • 🔥 High competition - differentiation critical
  • 🚶 Good foot traffic (77) - organic visibility

Seasonal Levers

  • Holiday dining
  • Summer outdoor seating
  • Event catering opportunities

Restaurant Market Analysis for Philadelphia

Why Philadelphia for Restaurants?

  • Metro population of 6,245,000 provides large customer base
  • Average income of $52,000 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 Philadelphia

Tourism industry creates diverse dining opportunities and higher traffic

Seasonal Considerations for Philadelphia

Holiday dining

Summer outdoor seating

Event catering opportunities

Best Philadelphia Neighborhoods for Restaurants

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

Downtown Philadelphia

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

Philadelphia vs Other United States Cities for Restaurants

City Population Avg Income Market Score Action
Philadelphia ⭐ 6,245,000 $52,000
78/100
Current City
Atlanta 6,307,000 $71,000
90/100
Compare →
Plano 7,760,000 $102,000
90/100
Compare →
Frisco 7,760,000 $127,000
88/100
Compare →
Fort Lauderdale 6,166,000 $73,000
87/100
Compare →
Market Signals

Restaurant Insights Unique to Philadelphia

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

01

Restaurant opportunity score in Philadelphia hits 79/100 thanks to $52,000 incomes and 77/100 foot traffic.

02

The competitive Restaurant market in Philadelphia favors established concepts, with 77 foot traffic index

03

Philadelphia's 78.55/100 rating places it ahead of 75% of markets for Restaurant launches

04

In Philadelphia, Local cuisine preferences becomes the tiebreaker.

05

The -12-point advantage over Atlanta shows why Philadelphia maintains higher commercial rents.

FAQ

Restaurant FAQs for Philadelphia

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

What operational lever matters most for restaurants in Philadelphia?

Local cuisine preferences should lead your playbook when launching in Philadelphia.

How does Philadelphia compare to other restaurant markets?

Philadelphia outranks Atlanta by -12 points for restaurants, reflecting stronger fundamentals across income, traffic, and competition.

What playbook works best for restaurants in Philadelphia?

📢 Balanced approach: Philadelphia's 77 foot traffic provides baseline awareness, but allocate 6-8% of revenue to digital marketing (Google, social) to fill gaps and drive intentional visits. Track which channels deliver actual customers, not just impressions.

What makes the Philadelphia market distinctive?

The competitive Restaurant market in Philadelphia favors established concepts, with 77 foot traffic index

Ready to Open Your Restaurant in Philadelphia?

Cautious - High Preparation with a 78/100 opportunity score, high competition, and a 77/100 foot traffic index. Current conditions in Philadelphia 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.