Best States for Opening a Restaurant
Number of Restaurant in States
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:
WORST STATES FOR OPENING A RESTAURANT:
- South Dakota