Best States for Opening a Restaurant

Best States for Opening a Restaurant

Number of Restaurant in States

where to open a restaurant

Where to open a restaurant?

What is the best state for opening a restaurant?

Questions such as these are common when deciding a new location for your restaurant. There are over 616,008 restaurants in United States. It is hard to pick the best location for opening a new restaurant. State decision is crucial for the success of your restaurant and it can decide if you will make a profit or loss.

The best state to open a new restaurant is Arizona and Nevada. There are only 13.4 restaurants per 10,000 people and average projected sales for 2016 are $1,253,000 in Arizona, based on a research by restaurant.org. In Nevada there are few of the most profitable restaurants such as Tao Asian Bistro, which made over $47,000,000 in sales in 2017. Check the full report – Top Restaurants by Sales.

On the other hand, one of the worst states is Montana. There are over 25 restaurants per 10,000 people, almost a double as in Arizona. Montana is saturated with restaurants and the competition is high. Average projected sales per restaurant in 2018 are only $682,000.

BEST STATES FOR OPENING A RESTAURANT:

  • Hawaii
  • Nevada
  • Arizona
  • Texas
  • Alaska

WORST STATES FOR OPENING A RESTAURANT:

  • Montana
  • Iowa
  • Wisconsin
  • South Dakota
  • Maine
StateNumber of Restaurants2015 PopulationRestaurants per 10,000 peopleProjected Sales in $Millions in 2016Average Projected Sales per Restaurant in 2016 ($)Rank (Best State for Restaurant)
Alabama 7,673 4,859,00015.8 7,800 1,017,000 20
Alaska 1,343 738,00018.2 1,600 1,191,000 5
Arizona 9,176 6,828,00013.4 11,500 1,253,000 3
Arkansas 4,837 2,978,00016.2 4,300 889,000 34
California 68,144 39,145,00017.4 79,100 1,161,000 6
Colorado 10,959 5,457,00020.1 11,600 1,058,000 14
Connecticut 7,805 3,591,00021.7 7,300 935,000 30
Delaware 1,841 946,00019.5 2,000 1,086,000 10
Florida 39,325 20,271,00019.4 40,300 1,025,000 16
Georgia 17,242 10,215,00016.9 18,900 1,096,000 9
Hawaii 3,300 1,432,00023.0 4,500 1,364,000 1
Idaho 3,015 1,655,00018.2 2,200 730,000 44
Illinois 27,204 12,860,00021.2 24,500 901,000 32
Indiana 11,533 6,620,00017.4 11,200 971,000 23
Iowa 6,239 3,124,00020.0 4,300 689,000 49
Kansas 5,033 2,912,00017.3 4,700 934,000 31
Kentucky 7,457 4,425,00016.9 7,600 1,019,000 19
Louisiana 8,305 4,671,00017.8 8,700 1,048,000 15
Maine 3,061 1,329,00023.0 2,200 719,000 46
Maryland 10,943 6,006,00018.2 11,700 1,069,000 12
Massachusetts 15,251 6,794,00022.4 16,500 1,082,000 11
Michigan 15,958 9,923,00016.1 15,400 965,000 24
Minnesota 9,931 5,490,00018.1 9,500 957,000 25
Mississippi 4,495 2,992,00015.0 4,400 979,000 22
Missouri 10,696 6,084,00017.6 10,200 954,000 26
Montana 2,641 1,033,00025.6 1,800 682,000 50
Nebraska 3,943 1,896,00020.8 2,900 735,000 43
Nevada 5,383 2,891,00018.6 6,900 1,282,000 2
New Hampshire 3,040 1,331,00022.8 2,600 855,000 36
New Jersey 17,911 8,958,00020.0 16,000 893,000 33
New Mexico 3,317 2,085,00015.9 3,300 995,000 21
New York 45,209 19,796,00022.8 42,500 940,000 28
North Carolina 17,766 10,043,00017.7 18,100 1,019,000 18
North Dakota 1,670 757,00022.1 1,300 778,000 41
Ohio 21,921 11,613,00018.9 20,500 935,000 29
Oklahoma 6,376 3,911,00016.3 6,500 1,019,000 17
Oregon 9,393 4,029,00023.3 7,400 788,000 40
Pennsylvania 25,163 12,803,00019.7 21,000 835,000 38
Rhode Island 2,786 1,056,00026.4 2,300 826,000 39
South Carolina 8,535 4,896,00017.4 9,100 1,066,000 13
South Dakota 1,814 858,00021.1 1,300 717,000 47
Tennessee 10,276 6,600,00015.6 11,700 1,139,000 8
Texas 42,523 27,469,00015.5 52,400 1,232,000 4
Utah 4,618 2,996,00015.4 4,400 953,000 27
Vermont 1,391 626,00022.2 1,000 719,000 45
Virginia 14,157 8,383,00016.9 16,300 1,151,000 7
Washington 14,913 7,170,00020.8 13,100 878,000 35
West Virginia 3,187 1,844,00017.3 2,700 847,000 37
Wisconsin 11,737 5,771,00020.3 8,400 716,000 48
Wyoming 1,302 586,00022.2 1,000 768,000 42
By | 2018-02-28T07:59:25+00:00 April 5th, 2016|REPORTS|Comments Off on Best States for Opening a Restaurant

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