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Restaurant opportunity score in Syracuse hits 64/100 thanks to $47,000 incomes and 65/100 foot traffic.
Data-Driven Market Intelligence
Best Restaurant Location in Syracuse
Marketlyzer calculates a 63/100 opportunity score for restaurants in Syracuse, supported by moderate competition and $47,000 average income, plus a 65/100 foot traffic index.
At 5.4:1 investment-to-wage ratio, Syracuse Restaurants need operational excellence to reach profitability
63/100 opportunity score
662,000 metro residents
$47,000 average income
25/100 launch timing score
Cautious - High Preparation
148K
City Population
$47K
Avg Income
Moderate
Business Density
5
Key Industries
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Restaurant Finder
Syracuse, United States
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Competitor Locations
Opportunity Zones
High Traffic Areas
662,000 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 Syracuse based on 7 key market factors
63
/ 100
Market Opportunity
Based on 7 comprehensive market factors
Moderate 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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Unique Market Intelligence
Syracuse Restaurant Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Syracuse
At 5.4:1 investment-to-wage ratio, Syracuse Restaurants need operational excellence to reach profitability
Restaurant saturation in Syracuse is emerging, ideal for market leaders given 65/100 pedestrian activity
Local Technology concentration provides 1x demand multiplier for Restaurant operations in Syracuse
Competitive Market Position
How Syracuse ranks nationally for restaurants
Restaurant viability in Syracuse rates 63.75/100—typical of middle-tier markets
Strategic Recommendations
Actionable strategies tailored for Syracuse
⏰ While Syracuse isn't booming, Low competition means you don't need explosive growth to succeed. Any 18-24 month window works—focus on picking the right micro-location within the city.
📍 Real estate advantage: Syracuse's $18/sqft lets you lock in prime corners that'd cost 2-3x elsewhere. The 65 traffic index means investing in storefront appeal and local marketing to compensate for lower natural flow.
💰 Volume-margin balance: $47,000 average income in Syracuse demands competitive pricing, but your $255,000 startup costs require sufficient margins. Focus on operational efficiency and high table-turns/Restaurant throughput rather than racing to bottom on price.
📢 Digital-first required: Syracuse's moderate foot traffic (65) means you can't rely on walk-bys. With strong tech presence, focus on Instagram/social (35%), Google Ads (30%), partnerships with local tech companies (20%), and influencer collaborations (15%).
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Cautious - High Preparation
Current conditions in Syracuse 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: 25/100
- 🎯 Low competition - market leadership opportunity
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
Restaurant Market Analysis for Syracuse
Why Syracuse for Restaurants?
- Metro population of 662,000 provides large customer base
- Average income of $47,000 supports restaurant spending
- Moderate 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 Syracuse
Holiday dining
Summer outdoor seating
Event catering opportunities
Best Syracuse Neighborhoods for Restaurants
Data-driven analysis of optimal areas based on restaurant success factors
Downtown Syracuse
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
Syracuse vs Other United States Cities for Restaurants
Market Signals
Restaurant Insights Unique to Syracuse
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
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Restaurant saturation in Syracuse is emerging, ideal for market leaders given 65/100 pedestrian activity
03
Restaurant viability in Syracuse rates 63.75/100—typical of middle-tier markets
04
In Syracuse, Local cuisine preferences becomes the tiebreaker.
05
The -27-point advantage over Atlanta shows why Syracuse maintains higher commercial rents.
FAQ
Restaurant FAQs for Syracuse
Each answer references real Syracuse data so this section is unique across the site.
What playbook works best for restaurants in Syracuse?
📍 Real estate advantage: Syracuse's $18/sqft lets you lock in prime corners that'd cost 2-3x elsewhere. The 65 traffic index means investing in storefront appeal and local marketing to compensate for lower natural flow.
What makes the Syracuse market distinctive?
Restaurant saturation in Syracuse is emerging, ideal for market leaders given 65/100 pedestrian activity
What operational lever matters most for restaurants in Syracuse?
Local cuisine preferences should lead your playbook when launching in Syracuse.
How does Syracuse compare to other restaurant markets?
Syracuse's -27-point edge over Atlanta stems from better income demographics and foot traffic patterns.
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 Syracuse?
Cautious - High Preparation with a 63/100 opportunity score, moderate competition, and a 65/100 foot traffic index. Current conditions in Syracuse 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.