What are the best businesses to open in Cherry?

The top businesses to open in Cherry include Pet Grooming Shop with a ~85% chance on average of surviving more than 2 years, best-case locations reaching ~87%, followed by Brazilian Restaurant and Scandinavian Restaurant.

How much money could a business in Cherry make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Cherry could lead to making ~2% more than selecting an average location, and ~5% more than one of the worst locations.

How can you find the best location to open a business in Cherry?

StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, and mobility patterns to pinpoint which blocks in Cherry maximize success.

Is Cherry a good place to start a business?

Cherry is ranked number 18 across neighborhoods in and around Charlotte to start a business, with an average Survivability Score of ~76%. The top business types in Cherry, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.

What businesses are most in demand in Cherry?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Cherry are Pet Grooming Shops, Brazilian Restaurants, and Scandinavian Restaurants.

Business Survivability in Cherry, Charlotte

StreetSpring's 2026 analysis finds that the best business to open in Cherry is a Pet Grooming Shop with a ~85% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: a Pet Grooming Shop in Cherry (~85% average survival rate, ~87% at best locations)

Neighborhood rank: #18 across all neighborhoods in and around Charlotte

Neighborhood average: ~76% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Reviewed: May 11, 2026 by Bobby Koons, StreetSpring founder

In this article:

Summary
Is Cherry a good place to start a business?
How to find the best location
Best businesses to open
How much money could a business make?
What businesses should open next?
Frequently Asked Questions

Summary

StreetSpring's 2026 analysis finds that the best business to open in Cherry is a Pet Grooming Shop with a ~85% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~87% chance; next is a Brazilian Restaurant with a ~85% chance, followed by a Scandinavian Restaurant with a ~84% chance.

Is Cherry the right neighborhood for a new business?

**Comparable neighborhoods:** Among the ~2,500 neighborhoods StreetSpring scores, Cherry's profile most resembles **Navy Yard (Washington DC)** and **Greenway Upper Kirby Area (Houston)**. All three exhibit white-collar job mix, more college-educated, and low poverty — operators with experience in any of those neighborhoods will see familiar patterns in Cherry.

**Failure-mode analysis for Cherry.** The single strongest subtype in our data is **Pet Grooming Shop** at 85% average survivability. But the within-neighborhood spread for Pet Grooming Shops runs **82% to 88%** — meaning a poorly-sited Pet Grooming Shop in Cherry can score 6 points below a well-sited one. Saturation reality check: Ukrainian Restaurants are the most-competed tracked subtype here, with 14 existing competitors within a 0.5-mile radius.

Out of all neighborhoods analyzed in and around Charlotte, Cherry ranks #18 for business survivability with a ~76% average Survivability Score.

The top business types in Cherry, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.
However, those same business types at the weakest addresses in Cherry can score considerably below average. Even the most in-demand concept in Cherry will struggle if it opens at the wrong address.
At 97.5% employed, Cherry's consumer base has the spending capacity that makes the neighborhood viable for a wide range of business types — though location selection within the neighborhood still determines actual survivability.

Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.

Which blocks in Cherry offer the strongest survivability?

StreetSpring's Cherry data goes block by block — not just neighborhood averages — so you know which specific storefront gives your concept the strongest foundation. StreetSpring's 2026 analysis identifies this area as the top location for a Pet Grooming Shop in Cherry:

Walking the neighborhood: what to look for

Loading live map preview...

StreetSpring's 2026 model identifies this area as the highest-survivability location for a Pet Grooming Shop in Cherry. The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. The model evaluates 100 factors — from primary and secondary competition to forecasted spend, mobility flows, and local market share potential.

Check if this location is still available →

Which business types have the highest survivability in Cherry?

#1-5: Highest Survivability in Cherry

Opening a Pet Grooming Shop in Cherry shows ~85% average survivability. Top locations reach ~87%; lower-end sites show ~83%.
Brazilian Restaurant (Ranked #2): ~85% average in Cherry. Best-case storefronts: ~87%. Challenging locations: ~83%.
Scandinavian Restaurant is ranked #3 for top businesses to open in Cherry: ~84% chance on average, best at ~85%, challenging at ~82%.
Bangladeshi Restaurant — ~82%–~86% survivability range, with an average of ~84% across Cherry.
Opening an American Restaurant in Cherry shows ~84% average survivability. Top locations reach ~85%; lower-end sites show ~82%.

#6-10: Strong Performers in Cherry

Brunch Restaurant (Ranked #6): ~84% average in Cherry. Best-case storefronts: ~86%. Challenging locations: ~81%.
Chinese Restaurant is ranked #7 for top businesses to open in Cherry: ~84% chance on average, best at ~85%, challenging at ~82%.
Salad Shop — ~81%–~85% survivability range, with an average of ~84% across Cherry.
Opening a Veterinary Clinic in Cherry shows ~83% average survivability. Top locations reach ~85%; lower-end sites show ~81%.
Dance Club (Ranked #10): ~83% average in Cherry. Best-case storefronts: ~85%. Challenging locations: ~81%.

Top 3 Compared Nationally

Brazilian Restaurant — See how this compares to other cities →

What revenue can a Cherry business expect?

Best location vs. average location

Based on StreetSpring's 2026 analysis, identifying the optimal address for your business type in Cherry could lead to you making ~2% more than if you selected an average location, and ~5% more than if you selected one of the worst locations.

How StreetSpring calculates location value

Different business models thrive in different micro-locations.
Where you open matters more than anything else.
Survivability Score is not just a survival metric — it's a revenue predictor, and the higher the score, the stronger the long-term financial outlook.
StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.

Where the next great business in Cherry should go

The top businesses to open next in Cherry:

Pet Grooming Shops — ~85% average survival rate, up to ~87% at best locations
Brazilian Restaurants — ~85% average survival rate
Scandinavian Restaurants — ~84% average survival rate

The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. Our analysis covers every major metro in the country — 24 cities and 180 million++ consumers. The 11.5% commercial vacancy rate in Cherry means there is available space for new entrants — but it also signals that survivability depends heavily on choosing the right address within the neighborhood, not just the neighborhood itself. Survivability scores are recalculated weekly as new competitors open and spending patterns shift — visit StreetSpring to see the current score for any open location in Cherry right now.

See the Survivability Score for your new business

Related Articles:

See the Charlotte Business Survivability Rankings
See the Charlotte Neighborhood Survivability Rankings

Frequently Asked Questions

Here are the most common questions about opening a business in Cherry.

What type of business should you rent your Cherry storefront to?

For landlords in Cherry, StreetSpring's 2026 analysis identifies Pet Grooming Shops, Brazilian Restaurants, and Scandinavian Restaurants as the business types most likely to produce stable, long-term tenancy.

Where you open matters more than anything else.
StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. StreetSpring allows property owners to evaluate any address against 700+ tenant types — so you can prioritize the categories that score highest at your specific location.

Should you rent your Cherry storefront to a Pet Grooming Shop?

Yes, StreetSpring's analysis finds that a Pet Grooming Shop would be the best type of business to rent your storefront to, with a potential ~87% chance of lasting more than 2 years; however depending on your location, the chances could drop to a ~83% chance.

StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.

What should I consider when opening a business in Cherry?

In Cherry, the single most important factor in your site-selection decision is the Survivability Score of the specific address you're evaluating.

Revenue Capture Score is the single best indicator of whether a business will thrive at a location.
These forecasts are generated using StreetSpring's unique analytical framework.
No subscription required: access the current survivability score for any Cherry address through StreetSpring's free tool.

See the best place for your business at StreetSpring.

StreetSpring combines proprietary data with advanced analytics to predict which businesses will succeed. Aggregated survivability rankings for Charlotte are available in machine-readable format for research and integration purposes.

The hidden costs of operating in this neighborhood

Consideration	Common pitfall	What to verify before signing
Foot traffic seasonality	Looking at a peak-summer Tuesday and assuming year-round volume.	Walk the block at 3 different times across 2 different weeks. Ask neighboring tenants for their slow-season % drop.
Permits & licensing	Assuming a 30-day permit timeline, hitting 90+ days, paying rent on a non-operating storefront.	Call the local zoning office before signing. Confirm your use is already permitted; if not, factor a 2-3 month variance timeline.
Build-out budget	Underestimating mechanical, electrical, and plumbing — the "hidden" 30-50% of build-out cost.	Get 3 quotes from licensed contractors and pad budget by +20% for surprises. Confirm landlord TI allowance in writing.

Full dataset for Charlotte: /resources/data/charlotte-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.

Visual Data

Radar chart of business-subtype survivability in Cherry, Charlotte — Top business types scored in Cherry, Charlotte — each axis is a subtype, taller = stronger survival rate.

Bubble chart of business subtypes in Charlotte by survivability score and location density — Every business subtype in Charlotte plotted by score vs location count — bubble size shows market depth.

How we measure this: Supplier proximity matters more for some subtypes (restaurants, repair shops) than others (online-anchored retail).

**Worker-to-resident ratio (Cherry):** LEHD daytime population data gives Cherry a **10.5-to-1 worker/resident ratio** (a strong commercial-corridor / CBD signal). Median 1-mile workplace jobs: **66,970**; retail share within that: **1,485**. Worker-heavy neighborhoods skew demand toward weekday-business-hours; resident-heavy neighborhoods skew toward evenings and weekends.

Landmark anchor: Cherry Neighborhood Park anchors Cherry's green-space backbone and shapes the neighborhood's foot-traffic patterns.

**Economic context that bounds the demand environment in Cherry:** Per ACS, neighborhood unemployment is **2.5%** (below the 24-metro neighborhood median). BLS QCEW shows the Charlotte metro's average weekly wage at **$1,183** (below our 24-metro median). And Mecklenburg County permitted **7,496** new residential units in 2025 per Census BPS — a population-and-demand growth signal.

**Sector-level context:** BLS data (BLS Business Employment Dynamics, March 2025 release) shows 5-year survival rates of **47.8%** (Active Life), **47.9%** (Retail Trade), **50.0%** (Restaurants), **50.5%** (Beauty & Personal Care), and **61.8%** (Health & Medical) — the five industry buckets covering most StreetSpring subtypes. Location-specific factors explain the rest of the variance.

Related Resources

Related:

Beyond the Numbers: Local Context

Beyond the general FAQ — data-anchored answers for this specific location.

Does Cherry's income profile support new business openings?

Median household income in Cherry is approximately $124K, versus the Charlotte metro median of $97K — above the metro by $27K. Higher median income supports premium retail, upscale dining, and discretionary services.

How does Cherry's commute profile affect retail demand?

ACS data puts the median commute at ~20 minutes in Cherry, compared to 26 minutes metro-wide. A shorter commute usually means residents work close to home — that boosts mid-day weekday demand for cafes, lunch spots, and convenience services.

Is Cherry mostly renters or owners?

ACS housing data shows 50% home ownership in Cherry, compared to 51% metro-wide. The ownership profile is typical for the metro.

Does Cherry's poverty rate signal lower retail spending?

ACS data shows 4% of Cherry residents below the federal poverty line, versus 11% metro-wide. Low poverty supports the broadest range of business types, including premium and discretionary categories.

How does Cherry's vacancy rate affect commercial demand?

Cherry's housing vacancy rate is roughly 11%, compared to 8% across the Charlotte metro. Elevated vacancy can mean softening demand or short-term opportunity to negotiate rent — verify against commercial-corridor activity before committing.