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STUDY TARGETS BEST PLACES IN AMERICA TO OPEN NEW RESTAURANTS

 STUDY TARGETS BEST PLACES IN AMERICA TO OPEN NEW RESTAURANTS
 CHICAGO, Aug. 6 /PRNewswire/ -- Where are the best markets to open a new restaurant today? Smaller metro markets in southern U.S. states, says a study commissioned by Restaurants & Institutions magazine (Aug. 12).
 The study compares restaurant demand to the number of restaurants in a metropolitan market. Nationally, 12 of 15 metro areas with the highest regions that comprise the south:
 1. Gadsden, Ala. 9. Danville, Va.
 2. Johnson City-Kingsport-Bristol, Tenn. 10. Bradenton, Fla.
 3. Florence, Ala. 11. Lawton, Okla.
 4. Ocala, Fla. 12. Provo-Orem, Utah
 5. Columbus, Ga. 13. Lakeland-
 W.Haven,Fla.
 6. Anniston, Ala. 14. Cheyenne, Wyo.
 7. Huntington-Ashland, W.Va./Ky. 15. Vancouver, Wash.
 8. Texarkana, Texas/Ark.
 The study ranks nine U.S. Census regions in order of their potential for new restaurants:
 REGION STATES RESTAURANT OPPORTUNITY
 INDEX VALUE
 1. East South Central Ala.-Ky.-Miss.-Tenn. 147
 2. West South Central Ark.-La.-Okla.-Texas 113
 3. South Atlantic Del.-D.C.-Fla.-Ga.-Md.-
 N.C.-S.C.-Va.-W.Va. 109
 4. West North Central Iowa-Kan.-Minn.-Mo.-Neb.-
 N.D.-S.D. 109
 5. East North Central Ill.-Ind.-Mich.-Ohio-Wis. 105
 6. Mountain Ariz.-Colo.-Idaho-Mont.-
 Nev.-N.M.-Utah-Wyo. 102
 7. Middle Atlantic N.J.-N.Y.-Pa. 88
 8. Pacific Alaska-Calif.-Hawaii-
 Ore.-Wash. 85
 9. New England Conn.-Maine-Mass.-N.H.-
 R.I.-Vt. 81
 The study shows that only a few large markets are promising locations for restaurant expansion. Even in the three southern regions, large markets rank relatively low, with the exception of Louisville.
 High Potential for Expansion: 125-plus. Above Average: 105-125.
 Average: 92-104. Low: 78-91. Very Low: less than 78.
 CITY NUMERICAL RANKING CENSUS AREA
 Nashville 94 East South Central
 Louisville 140
 Dallas 94 West South Central
 New Orleans 90
 Atlanta 89 South Atlantic
 Miami 93
 Kansas City 98 West North Central
 St. Louis 91
 Chicago 104 East North Central
 Cleveland 102
 Denver 110 Mountain
 Phoenix 96
 New York City 99 Middle Atlantic
 Philadelphia 92
 Los Angeles 70 Pacific
 San Francisco 61
 Boston 79 New England
 Hartford 91
 The statistics were gathered and tabulated by National Decision Systems, Encinitas, Calif., the nation's leading publisher of specialized business magazines.
 Restaurants & Institutions, Des Plaines, Ill., is published 24 times a year for top management in the foodservice industry. R&I is a magazine of Cahners Publishing Co., Newton, Mass., the nation's leading publisher of specialized business magazines.
 -0- 8/6/92
 /CONTACT: David Salyers, 312-939-5599, for Restaurants & Institutions magazine/ CO: Restaurants & Institutions ST: Illinois IN: LEI SU:


LR -- NY029 -- 7485 08/06/92 10:02 EDT
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Publication:PR Newswire
Date:Aug 6, 1992
Words:440
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