Restaurant opportunity score in Toledo hits 63/100 thanks to $45,000 incomes and 63/100 foot traffic.
Best Restaurant Location in Toledo
At $16/sqft with 63 foot traffic score, Toledo's moderate-density commercial zones serve 602.0K residents earning $45K on average.
Capital requirements for Toledo: $255K startup facing $45K earning households at 5.7x leverage.
Find the Best Restaurant Location in Toledo
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Toledo, United States
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Restaurant Opportunity Score: Toledo
Proprietary metrics for Toledo's restaurant landscape
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Find the Perfect Restaurant Location in Toledo
We'll pinpoint the best neighborhoods and exact addresses where your restaurant will thrive—with competitor gaps, demographics, and revenue potential.
Restaurant Market in Toledo
thorough viability scoring
Market Position
Toledo positioning
Capital requirements for Toledo: $255K startup facing $45K earning households at 5.7x leverage.
Real estate: $16 per sqft, pedestrian index 63/100, projecting $16,000 monthly occupancy cost.
0.6M metro residents earning $45,000 on average create a $27B addressable market.
Low competition meets moderate growth at 5.7x startup-to-income ratio.
Success factors combine to 46/100: cost ratio 5.7x, traffic score 63, rent $16/sqft.
Local economy driven by Glass, Healthcare—households averaging $45K.
Baseline 2.5% expansion against low competition. Standard entry dynamics.
$255K startup. 68 local income-months to break even.
Competitive Position
National ranking for restaurants
Score: 63.45/100. 0.6M people. $45K income.
Restaurant costs $255K to open. Income ratio: 0.18x.
Traffic: 63. Rent: $16/sqft. Income: $45K.
Moderate growth. Low competition. Score: 63.45.
0.6M metro. $16/sqft rent. 63 foot traffic.
$255K startup. $16,000/mo rent. 68 income-months to recoup.
Score 63.45. Average conditions. Execution decides success.
$27.1B total income across 0.6M people.
Strategic Recommendations
Actionable strategies tailored for Toledo
Moderate growth. Low competition. Plan accordingly.
Traffic: 63. Rent: $16/sqft. $16,000/mo for 1000 sqft.
$45K income. Value positioning needed. Volume matters.
Restaurant: $255K to open. 68 income-months to recoup.
Traffic 63. Low visibility. Digital marketing essential.
0.6M metro. Focus on one location first.
$192,000/yr rent. 426.7% of local income. Factor that in.
Low competition. Moderate growth. Timing is flexible.
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Cautious - High Preparation
Current conditions in Toledo 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.
- 🎯 Low competition - market leadership opportunity
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
How Toledo outperforms
calibrated to $45K demographics
At $45,000 per household, Toledo exceeds typical markets ($40,492) by 11%, creating premium service demand.
Real estate at $16/sqft puts Toledo 51% below market norms ($33/sqft).
A 63/100 foot traffic index places Toledo 20% below the 79/100 national median, requiring destination-draw strategies.
With 0.6M metro residents, Toledo falls below the 3.8M benchmark by 84%.
Restaurant Market Analysis for Toledo
Why Toledo for Restaurants?
- Metro population of 602,000 provides large customer base
- Average income of $45,000 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
Seasonal Considerations for Toledo
Holiday dining
Summer outdoor seating
Event catering opportunities
Best Neighborhoods in Toledo
Zone-by-zone breakdown of Toledo's commercial areas
Downtown Toledo
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaToledo vs Other United States Cities for Restaurants
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Toledo ⭐ | 602,000 | $45,000 |
|
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 → |
Restaurant Insights Unique to Toledo
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
Local economy driven by Glass, Healthcare—households averaging $45K.
Score 63.45. Average conditions. Execution decides success.
In Toledo, Competition density becomes the tiebreaker because low competition levels.
Toledo leads Atlanta by -28 opportunity points, justifying elevated location costs.
Restaurant FAQs for Toledo
Each answer references real Toledo data so this section is unique across the site.
What playbook works best for restaurants in Toledo?
Low competition. Moderate growth. Timing is flexible.
What makes the Toledo market distinctive?
Local economy driven by Glass, Healthcare—households averaging $45K.
What operational lever matters most for restaurants in Toledo?
Competition density should lead your playbook because low competition levels when launching in Toledo.
How does Toledo compare to other restaurant markets?
Our data shows Toledo scoring -28 points above Atlanta, making it the stronger restaurant market.
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 Toledo?
Cautious - High Preparation with a 63/100 opportunity score, moderate competition, and a 63/100 foot traffic index. Current conditions in Toledo 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.