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Restaurant opportunity score in Tampa hits 77/100 thanks to $62,000 incomes and 75/100 foot traffic.
Evidence-Based Analysis
Best Restaurant Location in Tampa
Tampa's $62K income demographic and 75/100 foot traffic align with restaurant requirements: $255,000 capital, 18-36 months profitability horizon.
Capital requirements for Tampa: $255K startup facing $62K earning households at 4.1x leverage.
77/100 opportunity score
3,342,000 metro residents
$62,000 average income
73/100 launch timing score
Good - Favorable Window
403K
City Inhabitants
$62K
Avg Earnings
Moderate
Market Activity
5
Key Industries
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Competitor Locations
Opportunity Zones
High Traffic Areas
3,342,000 potential customers in metro area
500+ businesses helped
Real-time market data
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Market Analysis
Restaurant Opportunity Score: Tampa
Competitive dynamics unique to Tampa
77
/ 100
Market Opportunity
Based on 7 comprehensive market factors
Promising Location
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 Tampa
in-depth location evaluation
Market Position
Tampa positioning
Capital requirements for Tampa: $255K startup facing $62K earning households at 4.1x leverage.
Real estate: $28 per sqft, pedestrian index 75/100, projecting $28,000 monthly occupancy cost.
Market scale: 3.3M population × $62K income = $207B consumer spending power.
Competitive landscape shows moderate density with very high momentum (4.1x investment ratio).
Viability assessment: 4.1x capital needs, 75/100 exposure, $28/sqft overhead yields 61/100 score.
Primary sectors (Healthcare, Finance) power the $62K household base.
Steady 2.5% growth with moderate competition indicates mature market conditions.
$255K startup. 49 local income-months to break even.
Competitive Position
National ranking for restaurants
Score: 77.25/100. 3.3M people. $62K income.
Restaurant costs $255K to open. Income ratio: 0.24x.
Traffic: 75. Rent: $28/sqft. Income: $62K.
Very High growth. Moderate competition. Score: 77.25.
3.3M metro. $28/sqft rent. 75 foot traffic.
$255K startup. $28,000/mo rent. 49 income-months to recoup.
Score 77.25. Moderate competition. Good entry point.
$207.2B total income across 3.3M people.
Strategic Recommendations
Actionable strategies tailored for Tampa
Very High growth. Moderate competition. Plan accordingly.
Traffic: 75. Rent: $28/sqft. $28,000/mo for 1000 sqft.
$62K income. Mid-tier pricing works. Offer options.
Restaurant: $255K to open. 49 income-months to recoup.
Traffic 75. Balanced. Mix storefront and digital.
3.3M metro. $62K income. 2-3 locations possible.
$336,000/yr rent. 541.9% 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 (75) - organic visibility
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
National Benchmarks
How Tampa leads
calibrated to $62K demographics
The $62,000 income profile in Tampa positions it 53% higher than the $40,492 national norm.
Commercial rates averaging $28/sqft in Tampa sit 14% below the $33/sqft market standard, enabling competitive pricing.
The 3.3M regional population trails average markets (3.8M) by 13%.
Restaurant Market Analysis for Tampa
Why Tampa for Restaurants?
- Metro population of 3,342,000 provides large customer base
- Average income of $62,000 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
Restaurant Market Insights for Tampa
Tourism industry creates diverse dining opportunities and higher traffic
Seasonal Considerations for Tampa
Holiday dining
Summer outdoor seating
Event catering opportunities
Best Neighborhoods in Tampa
From downtown to suburban: Tampa's opportunity spread
Downtown Tampa
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
Tampa vs Other United States Cities for Restaurants
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Tampa ⭐ | 3,342,000 | $62,000 |
|
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 Tampa
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
02
Competitive landscape shows moderate density with very high momentum (4.1x investment ratio).
03
3.3M metro. $28/sqft rent. 75 foot traffic.
04
In Tampa, Demographics becomes the tiebreaker because $62,000 income bands.
05
The -14-point advantage over Atlanta shows why Tampa maintains higher commercial rents.
FAQ
Restaurant FAQs for Tampa
Each answer references real Tampa data so this section is unique across the site.
What makes the Tampa market distinctive?
Competitive landscape shows moderate density with very high momentum (4.1x investment ratio).
What operational lever matters most for restaurants in Tampa?
Demographics should lead your playbook because $62,000 income bands when launching in Tampa.
How does Tampa compare to other restaurant markets?
Tampa's -14-point edge over Atlanta stems from better income demographics and foot traffic patterns.
What playbook works best for restaurants in Tampa?
Traffic: 75. Rent: $28/sqft. $28,000/mo for 1000 sqft.
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 Tampa?
Good - Favorable Window with a 77/100 opportunity score, moderate competition, and a 75/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.