Best Restaurant Location in Montevideo
Marketlyzer calculates a 72/100 opportunity score for restaurants in Montevideo, supported by very high competition and $20,700 average income, plus a 76/100 foot traffic index.
With a startup-to-income ratio of 12.3:1, Montevideo requires efficient operations to maximize Restaurant profitability
Restaurant Opportunity Score
Data-driven potential for success in Montevideo based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Montevideo Restaurant Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Montevideo
With a startup-to-income ratio of 12.3:1, Montevideo requires efficient operations to maximize Restaurant profitability
exceptional customer density of 69,536 residents per commercial dollar provides natural demand
The balanced Restaurant market in Montevideo rewards innovation, with 76 foot traffic index
Strong industry alignment with Montevideo's Finance, Technology sectors creates 3x synergy multiplier for Restaurant customer acquisition
Combining Uruguay's 4.9% business growth with Montevideo's high expansion trajectory creates 7.4% projected market expansion for new Restaurants
Competitive Market Position
How Montevideo ranks nationally for restaurants
With a 72.4/100 opportunity score, Montevideo outperforms 75% of comparable markets for Restaurant ventures
Strategic Recommendations
Actionable strategies tailored for Montevideo
⏰ Optimal entry window: Next 12-18 months ideal for Montevideo Restaurant launch during high-growth phase
💰 Pricing strategy: $20,700 average income indicates value-focused positioning - volume over margin approach recommended for Montevideo Restaurants
👥 Staffing advantage: 46% college-educated population provides strong talent pool - hire locally for Montevideo Restaurant operations
📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Montevideo
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.
- 📈 High growth outlook - strong expansion timing
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (76) - organic visibility
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
Restaurant Market Analysis for Montevideo
Why Montevideo for Restaurants?
- Metro population of 1,947,000 provides large customer base
- Average income of $20,700 supports restaurant spending
- Very High business density indicates healthy economic activity
- Strong foot traffic opportunities throughout the city
- Strong demographics opportunities throughout the city
Restaurant Success Factors
Restaurant Market Insights for Montevideo
Tourism industry creates diverse dining opportunities and higher traffic
Seasonal Considerations for Montevideo
Holiday dining
Summer outdoor seating
Event catering opportunities
Best Montevideo Neighborhoods for Restaurants
Data-driven analysis of optimal areas based on restaurant success factors
Downtown Montevideo
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaMontevideo vs Other Uruguay Cities for Restaurants
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Montevideo ⭐ | 1,947,000 | $20,700 |
|
Current City |
Restaurant FAQs for Montevideo
Why is now the right time to open in Montevideo?
With a 72.4/100 opportunity score, Montevideo outperforms 75% of comparable markets for Restaurant ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
Which customers convert best?
Tourism industry creates diverse dining opportunities and higher traffic
What should my first location focus on?
⏰ Optimal entry window: Next 12-18 months ideal for Montevideo Restaurant launch during high-growth phase
How do local conditions impact operations?
Holiday dining
Ready to Open Your Restaurant in Montevideo?
Good - Favorable Window with a 72/100 opportunity score, very high competition, and a 76/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.