How much money could a business in Wilmore make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Wilmore could lead to making ~2% more than selecting an average location, and ~3% more than one of the worst locations.

What are the best businesses to open in Wilmore?

The top businesses to open in Wilmore include Italian Restaurant with a ~86% chance on average of surviving more than 2 years, best-case locations reaching ~87%, followed by Scandinavian Restaurant and Russian Restaurant.

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

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 Wilmore maximize success.

Is Wilmore a good place to start a business?

Wilmore is ranked number 22 across neighborhoods in and around Charlotte to start a business, with an average Survivability Score of ~75%. The survivability gap between the best and average addresses in Wilmore reaches ~2% for the strongest-performing business categories.

What businesses are most in demand in Wilmore?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Wilmore are Italian Restaurants, Scandinavian Restaurants, and Russian Restaurants.

Business Survivability in Wilmore, Charlotte

StreetSpring's 2026 analysis finds that the best business to open in Wilmore is an Italian Restaurant with a ~86% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: an Italian Restaurant in Wilmore (~86% average survival rate, ~87% at best locations)

Neighborhood rank: #22 across all neighborhoods in and around Charlotte

Neighborhood average: ~75% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed: May 1, 2026 by Bobby Koons, Founder & CEO, StreetSpring

In this article:

Summary
Is Wilmore 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 Wilmore is an Italian Restaurant with a ~86% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~87% chance; next is a Scandinavian Restaurant with a ~85% chance, followed by a Russian Restaurant with a ~85% chance.

How business-friendly is Wilmore right now?

**Comparable neighborhoods:** Among the ~2,500 neighborhoods StreetSpring scores, Wilmore's profile most resembles **Berkeley Park (Atlanta)** and **Courier City (Tampa Bay)**. All three exhibit newer housing stock, younger population, and more college-educated — operators with experience in any of those neighborhoods will see familiar patterns in Wilmore.

**Failure-mode analysis for Wilmore.** The single strongest subtype in our data is **Scandinavian Restaurant** at 85% average survivability. But the within-neighborhood spread for Scandinavian Restaurants runs **84% to 88%** — meaning a poorly-sited Scandinavian Restaurant in Wilmore can score 4 points below a well-sited one. Saturation reality check: Middle Eastern Restaurants are the most-competed tracked subtype here, with 11 existing competitors within a 0.5-mile radius.

Wilmore holds the #22 position in and around Charlotte for new business survivability, averaging ~75% across all analyzed business types.

The survivability gap between the best and average addresses in Wilmore reaches ~2% for the strongest-performing business categories.
Yet even the strongest business types in Wilmore see survivability scores drop significantly at the worst addresses. No business type is immune to the consequences of poor location selection within this neighborhood.
Wilmore's employment rate of 99.0% and commercial vacancy of 9.3% are two of the inputs StreetSpring's model uses to differentiate survivability within this neighborhood.

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

How to choose a specific location in Wilmore

The right address in Wilmore can mean a 20-point survivability difference from an average one — StreetSpring identifies exactly which addresses are worth pursuing. StreetSpring's 2026 analysis identifies this area as the top location for an Italian Restaurant in Wilmore:

Why the right block matters more than the right neighborhood

Loading live map preview...

Based on StreetSpring's 2026 analysis of 100 location-specific factors, this area offers the highest projected survivability for an Italian Restaurant in Wilmore. These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. 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 kinds of businesses thrive in Wilmore?

#1-5: Highest Survivability in Wilmore

Italian Restaurant (Ranked #1): ~86% average in Wilmore. Best-case storefronts: ~87%. Challenging locations: ~84%.
Scandinavian Restaurant is ranked #2 for top businesses to open in Wilmore: ~85% chance on average, best at ~87%, challenging at ~84%.
Russian Restaurant — ~84%–~87% survivability range, with an average of ~85% across Wilmore.
Opening a Deli in Wilmore shows ~84% average survivability. Top locations reach ~85%; lower-end sites show ~82%.
Salad Shop (Ranked #5): ~84% average in Wilmore. Best-case storefronts: ~85%. Challenging locations: ~81%.

#6-10: Strong Performers in Wilmore

American Restaurant is ranked #6 for top businesses to open in Wilmore: ~83% chance on average, best at ~85%, challenging at ~81%.
Filipino Restaurant — ~81%–~84% survivability range, with an average of ~83% across Wilmore.
Opening a Watch Store or Repair Shop in Wilmore shows ~83% average survivability. Top locations reach ~86%; lower-end sites show ~80%.
Vietnamese Restaurant (Ranked #9): ~83% average in Wilmore. Best-case storefronts: ~84%. Challenging locations: ~81%.
Day Care Center is ranked #10 for top businesses to open in Wilmore: ~83% chance on average, best at ~85%, challenging at ~80%.

Top 3 Compared Nationally

What you could earn opening a business in Wilmore

Best location vs. average location

Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Wilmore could lead to you making ~2% more than if you selected an average location, and ~3% more than if you selected one of the worst locations.

How StreetSpring calculates location value

No two business types have identical location needs; survivability scores reflect these differences at the address level.
The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
Choosing locations with superior Survivability Scores directly correlates with higher revenue potential.
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 Wilmore should go

The top businesses to open next in Wilmore:

Italian Restaurants — ~86% average survival rate, up to ~87% at best locations
Scandinavian Restaurants — ~85% average survival rate
Russian Restaurants — ~85% average survival rate

These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. StreetSpring measures competition through a 30-factor framework layered on top of proprietary consumer spending forecasts and mobility models. StreetSpring's model accounts for Wilmore's 99.0% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. Survivability scores are live, not static — StreetSpring updates them weekly. Visit the tool to see what's currently available in Wilmore and how each address is scoring 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 Wilmore.

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

Our 2026 survivability data for Wilmore shows that Italian Restaurants, Scandinavian Restaurants, and Russian Restaurants rank as the top tenant categories for minimizing vacancy risk.

The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. With StreetSpring, you can rank every potential tenant type by survivability score at your property address before committing to a lease.

Should you rent your Wilmore storefront to an Italian Restaurant?

StreetSpring's 2026 analysis strongly supports renting to an Italian Restaurant in Wilmore: best-in-class addresses achieve ~87% survivability, and even the lower-end sites come in at ~84% — above average for most business types.

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 Wilmore?

Before committing to any location in Wilmore, the highest-priority metric to check is the Survivability Score — it encodes every relevant location factor into a single, actionable number.

Revenue Capture Score is what separates locations that look similar on the surface but produce dramatically different business outcomes.
These insights come from StreetSpring's exclusive, in-house forecasting models.
StreetSpring is free to use — see the current survivability score for any address in Wilmore right now.

See the best place for your business at StreetSpring.

Our analysis covers businesses serving more than 180 million+ Americans across 24 major US metros. Aggregated survivability rankings for Charlotte are available in machine-readable format for research and integration purposes.

Permits, licensing, and zoning specifics worth flagging

Factor	Where new owners get tripped up	Questions to ask before you sign
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.
Outdoor seating / sidewalk use	Signing assuming you can add patio seating, then learning the city requires a separate sidewalk-cafe permit with long lead times.	Check the city's sidewalk-cafe permit process up front. Confirm landlord allows outdoor build-out in the lease language.
Lease term	Locking into 7-10 years without break clauses, then needing to relocate after year 2.	Negotiate a relocation or termination clause. Confirm assignment + sublease rights are 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 Wilmore, Charlotte — Top business types scored in Wilmore, 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).

**Daytime worker density (Wilmore):** LEHD LODES Workplace Area Characteristics show a **10.5:1 daytime-to-resident ratio** for Wilmore — a strong commercial-corridor / CBD signal. Median workplace jobs within a 1-mile radius across Wilmore: **25,259**, of which roughly **1,223** are retail-sector. Higher daytime ratios favor weekday-lunch / commuter-traffic businesses; balanced ratios favor residential + weekend demand patterns.

Landmark anchor: Wilmore's park anchor is Irwin Creek Greenway Park, which sets weekend and warm-weather foot-traffic patterns for the surrounding blocks.

**Wilmore economic snapshot:** ACS reports neighborhood unemployment at **1.0%** (below the 24-metro neighborhood median we track). The Charlotte metro's BLS QCEW average weekly wage is **$1,183** (below our metro median), and the Census Bureau's Building Permits Survey logged **7,496** new residential permits in Mecklenburg County in 2025 — useful triangulation for population-growth and labor-cost assumptions in this neighborhood.

**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:

Local Data Questions

Local-context questions, answered with neighborhood-specific numbers.

What is the median age in Wilmore, and what does that mean for businesses?

Wilmore's median age is 30 versus a Charlotte metro median of 36 — younger by 6 years. This shapes which business types tend to survive: A younger profile tends to drive demand for nightlife, fitness, and casual dining over family-oriented services.

What share of Wilmore residents have a bachelor's degree or higher?

71% of Wilmore adults have at least a bachelor's degree — above the Charlotte metro median of 48%. A highly educated population tends to support specialty retail, premium services, and professional offices.

Is Wilmore more single-occupant or family-household?

Average household size in Wilmore is 1.7, versus 2.4 across the Charlotte metro. Smaller households suggest more singles or couples — favorable for casual dining, fitness, and convenience retail.

How does economic hardship in Wilmore compare to the metro?

ACS data shows 7% of Wilmore residents below the federal poverty line, versus 11% metro-wide. The poverty rate tracks the metro median; business-type fit depends more on competition and demographic specifics.

What's the home ownership rate in Wilmore, and why does it matter?

Home ownership in Wilmore is approximately 27%, versus the Charlotte metro median of 51%. A higher renter share often means more population turnover; quick-service food, fitness, and convenience tend to do well in such environments.