Business Survivability in Lakewood, Charlotte
StreetSpring's 2026 analysis finds that the best business to open in Lakewood is a Deli with a ~80% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Deli in Lakewood (~80% average survival rate, ~81% at best locations)
- Neighborhood rank: #28 across all neighborhoods in and around Charlotte
- Neighborhood average: ~77% two-year survival across all business types
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: September 2026 by Bobby Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Lakewood 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 Lakewood is a Deli with a ~80% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~81% chance; next is a Salad Shop with a 80.01% chance, followed by a Kosher Restaurant with a 78.65% chance.
Is Lakewood a good place to start a business?
Lakewood holds the #28 position in and around Charlotte for new business survivability, averaging ~77% across all analyzed business types.
- StreetSpring data shows the best-fit business types at prime Lakewood addresses outperform the neighborhood average by as much as ~2%.
- But these same concepts at less optimal addresses within Lakewood can score meaningfully below average. Survivability data shows that even the highest-demand business types fail at the wrong location.
- A 91.2% employment rate in Lakewood means a large share of local consumers have steady income — a strong underlying condition for discretionary spending businesses.
Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Lakewood?
With StreetSpring, location selection in Lakewood moves from guesswork to a precise, address-level survivability score for any business type you're considering. Of all available storefronts analyzed in Lakewood, StreetSpring ranks this area highest for a Deli in 2026:
Based on StreetSpring's 2026 analysis of hundreds of location-specific factors, this area offers the highest projected survivability for a Deli in Lakewood. For the most current predictions, visit StreetSpring to analyze your specific location in real-time. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.
Check if this location is still available →
What are the best businesses to open in Lakewood?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Deli | 80.02% |
| 2 | Salad Shop | 80.01% |
| 3 | Kosher Restaurant | 78.65% |
| 4 | Italian Restaurant | 78.64% |
| 5 | American Restaurant | 78.60% |
| 6 | Sri Lankan Restaurant | 78.56% |
| 7 | Music Store | 78.55% |
| 8 | Laundromat | 78.50% |
| 9 | Day Care Center | 78.49% |
| 10 | Armenian Restaurant | 78.34% |
#1-5: Highest Survivability in Lakewood
- Deli — ~79%–~81% survivability range, with an average of 80.02% across Lakewood.
- Opening a Salad Shop in Lakewood shows 80.01% average survivability. Top locations reach ~81%; lower-end sites show ~80%.
- Kosher Restaurant (Ranked #3): 78.65% average in Lakewood. Best-case storefronts: ~80%. Challenging locations: ~78%.
- Italian Restaurant is ranked #4 for top businesses to open in Lakewood: 78.64% chance on average, best at ~79%, challenging at ~78%.
- American Restaurant — ~78%–~79% survivability range, with an average of 78.60% across Lakewood.
#6-10: Strong Performers in Lakewood
- Opening a Sri Lankan Restaurant in Lakewood shows 78.56% average survivability. Top locations reach ~79%; lower-end sites show ~78%.
- Music Store (Ranked #7): 78.55% average in Lakewood. Best-case storefronts: ~81%. Challenging locations: ~78%.
- Laundromat is ranked #8 for top businesses to open in Lakewood: 78.50% chance on average, best at ~79%, challenging at ~77%.
- Day Care Center — ~79%–~82% survivability range, with an average of 78.49% across Lakewood.
- Opening an Armenian Restaurant in Lakewood shows 78.34% average survivability. Top locations reach ~79%; lower-end sites show ~77%.
Top 3 Compared Nationally
- Deli — See how this compares to other cities →
- Salad Shop — See how this compares to other cities →
- Kosher Restaurant — See how this compares to other cities →
How much money could a business in Lakewood make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, securing a location with maximum Revenue Capture potential in Lakewood could lead to you making ~2% more than if you selected an average location, and ~4% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- Every business type has unique location requirements that must be considered.
- Location is the single strongest predictor of whether a business thrives or fails.
- StreetSpring has found that selecting the location with the highest survivability score for a business is the best way to maximize the amount of money you will make.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.
What businesses should open next in Lakewood?
The top businesses to open next in Lakewood:
- Delis — 80.02% average survival rate, up to ~81% at best locations
- Salad Shops — 80.01% average survival rate
- Kosher Restaurants — 78.65% average survival rate
For the most current predictions, visit StreetSpring to analyze your specific location in real-time. The model draws from 100+ location-specific factors to generate each survivability score. Lakewood's employment rate (91.2%) and vacancy rate (10.9%) together define the economic context that StreetSpring's model uses to score survivability for each business type at each address. These rankings are a snapshot; StreetSpring recalculates survivability for every location in Lakewood weekly, incorporating the latest competitive openings, closures, and spending data — check current locations now.
See the Survivability Score for your new business
Related Articles:
- See the Charlotte Business Survivability Rankings
- See the Charlotte Neighborhood Survivability Rankings
- Explore Deli survivability across Charlotte neighborhoods
Visual Data
Frequently Asked Questions
Here are the most common questions about opening a business in Lakewood.
What type of business should you rent your Lakewood storefront to?
For landlords in Lakewood, StreetSpring's 2026 analysis identifies Delis, Salad Shops, and Kosher Restaurants as the business types most likely to produce stable, long-term tenancy.
- Location is the single strongest predictor of whether a business thrives or fails.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. Use StreetSpring to see the survivability score for any business type at your exact storefront address before you sign a lease.
Related: See How Landlord Representatives in Charlotte Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Lakewood storefront to a Deli?
Yes — our 2026 model places a Deli at the top of the survivability rankings for Lakewood storefronts, with a best-case score of ~81% and a floor of ~79% at the most challenging addresses.
- 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 Lakewood?
Before committing to any location in Lakewood, the highest-priority metric to check is the Survivability Score — it encodes every relevant location factor into a single, actionable number.
- Where survivability is highest, Revenue Capture Score is invariably strong — the two are tightly correlated across every business type we've analyzed.
- StreetSpring uses its own proprietary forecasting tools to identify the Revenue Capture Score for each unique business.
- StreetSpring's address-level survivability data is available free of charge — start with your top candidate locations in Lakewood.
See the best place for your business at StreetSpring.
StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. Aggregated survivability rankings for Charlotte are available in machine-readable format for research and integration purposes.
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.