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

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 North Hollywood maximize success.

How much money could a business in North Hollywood make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in North Hollywood could lead to making ~3% more than selecting an average location, and ~7% more than one of the worst locations.

What are the best businesses to open in North Hollywood?

The top businesses to open in North Hollywood include Watch Store or Repair Shop with a ~82% chance on average of surviving more than 2 years, best-case locations reaching ~85%, followed by Pet Grooming Shop and Brunch Restaurant.

What businesses are most in demand in North Hollywood?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in North Hollywood are Watch & Repair Shops, Pet Grooming Shops, and Brunch Restaurants.

Is North Hollywood a good place to start a business?

North Hollywood is ranked number 95 across neighborhoods in and around Los Angeles to start a business, with an average Survivability Score of ~76%. StreetSpring data shows the best-fit business types at prime North Hollywood addresses outperform the neighborhood average by as much as ~3%.

Business Survivability in North Hollywood, Los Angeles

April 24, 2026•18 min read

Quick Summary

Best business: a Watch Store or Repair Shop in North Hollywood (~82% average survival rate, ~85% at best locations)

Neighborhood rank: #95 across all neighborhoods in and around Los Angeles

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

Rankings updated quarterly with latest market data

Detailed methodology

Reviewed: May 10, 2026 by Bobby Koons, StreetSpring founder

In this article:

Summary
Is North Hollywood 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 North Hollywood is a Watch Store or Repair Shop with a ~82% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~85% chance; next is a Pet Grooming Shop with a ~82% chance, followed by a Brunch Restaurant with a ~81% chance.

How business-friendly is North Hollywood right now?

**How North Hollywood compares:** North Hollywood's profile most resembles **Royal Poinciana (Miami)** and **Powderhorn Park (Minneapolis)** based on the demographic and density signatures we use to model location quality — all three share lower-income, more renters, and lower employment. Patterns from those neighborhoods are directly relevant for businesses evaluating North Hollywood.

**Failure pattern in North Hollywood.** Across the 93 business subtypes we track here, the strongest is **Watch Store or Repair Shop** at 82% average survivability — but the best and worst sites for this subtype within North Hollywood span **72% to 90%**, a 18-point gap. **The dominant failure mode in North Hollywood isn't subtype choice — it's site selection within the neighborhood.** Saturation context: Gyms are the most-concentrated tracked subtype in the area, with 26 competitors within a 0.5-mile radius.

In Los Angeles's neighborhood survivability rankings, North Hollywood comes in at #95, with an average Survivability Score of ~76% across all business types.

StreetSpring data shows the best-fit business types at prime North Hollywood addresses outperform the neighborhood average by as much as ~3%.
However, those same business types at the weakest addresses in North Hollywood can score considerably below average. Even the most in-demand concept in North Hollywood will struggle if it opens at the wrong address.
The 6.8% commercial vacancy rate in North Hollywood is a leading indicator of the neighborhood's business health; StreetSpring factors this directly into each business type's survivability score.

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

How to choose a specific location in North Hollywood

With StreetSpring, location selection in North Hollywood moves from guesswork to a precise, address-level survivability score for any business type you're considering. According to StreetSpring's 2026 data, this is the optimal address for a Watch Store or Repair Shop in North Hollywood:

Why the right block matters more than the right neighborhood

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Based on StreetSpring's 2026 analysis of 100 location-specific factors, this area offers the highest projected survivability for a Watch Store or Repair Shop in North Hollywood. Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. 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 North Hollywood?

#1-5: Highest Survivability in North Hollywood

Watch Store or Repair Shop (Ranked #1): ~82% average in North Hollywood. Best-case storefronts: ~85%. Challenging locations: ~79%.
Pet Grooming Shop is ranked #2 for top businesses to open in North Hollywood: ~82% chance on average, best at ~84%, challenging at ~79%.
Brunch Restaurant — ~79%–~84% survivability range, with an average of ~81% across North Hollywood.
Opening a Mediterranean Restaurant in North Hollywood shows ~81% average survivability. Top locations reach ~83%; lower-end sites show ~80%.
Polish Restaurant (Ranked #5): ~81% average in North Hollywood. Best-case storefronts: ~82%. Challenging locations: ~79%.

#6-10: Strong Performers in North Hollywood

Italian Restaurant is ranked #6 for top businesses to open in North Hollywood: ~81% chance on average, best at ~82%, challenging at ~80%.
Russian Restaurant — ~80%–~83% survivability range, with an average of ~81% across North Hollywood.
Opening a Pet Boarding Facility in North Hollywood shows ~81% average survivability. Top locations reach ~83%; lower-end sites show ~79%.
French Restaurant (Ranked #9): ~81% average in North Hollywood. Best-case storefronts: ~82%. Challenging locations: ~79%.
Singaporean Restaurant is ranked #10 for top businesses to open in North Hollywood: ~81% chance on average, best at ~83%, challenging at ~79%.

Top 3 Compared Nationally

Brunch Restaurant — See how this compares to other cities →

What revenue can a North Hollywood business expect?

Best location vs. average location

Based on StreetSpring's 2026 analysis, selecting one of the best locations for your business in North Hollywood could lead to you making ~3% more than if you selected an average location, and ~7% more than if you selected one of the worst locations.

How StreetSpring calculates location value

Even within a high-performing neighborhood, the best location varies by business type — StreetSpring scores each combination separately.
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 generates location-specific predictions tailored to your exact site.

What North Hollywood needs more of (per our model)

The top businesses to open next in North Hollywood:

Watch & Repair Shops — ~82% average survival rate, up to ~85% at best locations
Pet Grooming Shops — ~82% average survival rate
Brunch Restaurants — ~81% average survival rate

Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. StreetSpring has analyzed hundreds of thousands of business outcomes across major U.S. metros. The 6.8% commercial vacancy rate in North Hollywood 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. These rankings are a snapshot; StreetSpring recalculates survivability for every location in North Hollywood 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 Los Angeles Business Survivability Rankings
See the Los Angeles Neighborhood Survivability Rankings

Frequently Asked Questions

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

What type of business should you rent your North Hollywood storefront to?

The analysis is clear: in North Hollywood, Watch & Repair Shops, Pet Grooming Shops, and Brunch Restaurants consistently score highest on survivability, giving landlords the best chance of retaining tenants for 2+ years.

Location is the single strongest predictor of whether a business thrives or fails.
StreetSpring generates location-specific predictions tailored to your exact site. StreetSpring's free tool lets you check the survivability score for any business type at any address in North Hollywood — a powerful filter when evaluating prospective tenants.

Should you rent your North Hollywood storefront to a Watch Store or Repair Shop?

Yes. Among all business types analyzed for North Hollywood in 2026, a Watch Store or Repair Shop posts the highest survivability ceiling at ~85% and maintains a reasonable floor of ~79% — making it the most reliable tenant choice here.

StreetSpring generates location-specific predictions tailored to your exact site.

What should I consider when opening a business in North Hollywood?

Survivability Score is the North Star metric for any location decision in North Hollywood: it aggregates 100+ factors so you don't have to evaluate each one individually.

The most important driver of a high Survivability Score is the Revenue Capture Score for the business at the location it selects.
StreetSpring's custom-built forecasting infrastructure powers every survivability score, combining data science with commercial real estate intelligence.
StreetSpring offers free access to its survivability scores — see how your shortlisted North Hollywood addresses rank 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 Los Angeles 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
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.
CAM + hidden costs	Stated rent looks great, then CAM fees, signage charges, and after-hours utilities add 15-30%.	Get the full operating expense breakdown for the past 2 years. Ask which costs are landlord-capped vs. uncapped.
Competitor density	Counting only direct competitors and missing adjacent-category overlap (e.g. coffee shop near a bakery).	Map all businesses serving overlapping customer needs within a 5-min walk. Use StreetSpring's competitor view as a starting point.

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

Visual Data

Dumbbell chart comparing best vs worst locations for businesses in Los Angeles — Best vs worst neighborhood per business type in Los Angeles — the gap shows how much location choice matters for each subtype.

Treemap of Los Angeles business mix by survivability score — Treemap of business mix in Los Angeles — cell size = number of locations, color = average survivability score.

Radar chart of business-subtype survivability in North Hollywood, Los Angeles — Top business types scored in North Hollywood, Los Angeles — each axis is a subtype, taller = stronger survival rate.

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

**A bit of history.** North Hollywood (NoHo) is a neighborhood and district in the San Fernando Valley of Los Angeles, California. The neighborhood contains the NoHo Arts District, El Portal Theater, several art galleries, and the Academy of Television Arts & Sciences. ([Wikipedia](https://en.wikipedia.org/wiki/North_Hollywood%2C_Los_Angeles))

**Daytime vs. resident population (North Hollywood):** US Census LEHD workplace data shows North Hollywood carries a **0.1× daytime/resident ratio** (a primarily-residential neighborhood with minimal daytime worker traffic), with median 1-mile workplace jobs of **11,452** (and **1,238** retail-sector jobs within that radius). A useful read on demand timing for any new storefront concept here.

Landmark anchor: Art Directors Guild is the art-museum anchor for North Hollywood, shaping the cultural-destination side of neighborhood foot-traffic.

**North Hollywood economic snapshot:** ACS reports neighborhood unemployment at **9.1%** (above the 24-metro neighborhood median we track). The Los Angeles metro's BLS QCEW average weekly wage is **$1,127** (below our metro median), and the Census Bureau's Building Permits Survey logged **22,446** new residential permits in Los Angeles County in 2025 — useful triangulation for population-growth and labor-cost assumptions in this neighborhood.

**BLS sector context:** Across the 11 industries StreetSpring tracks, 5-year survival rates from BLS Business Employment Dynamics, March 2025 release range from **47.8%** (Active Life — gyms, studios) to **61.8%** (Health & Medical). Restaurants — the largest single category in our corpus — average **50.0%** nationally, and retail averages **47.9%**.

Related:

Neighborhood-Specific Questions

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

How does the median age in North Hollywood compare to the Los Angeles metro?

North Hollywood's median age is 36 versus a Los Angeles metro median of 39 — younger by 3 years. This shapes which business types tend to survive: The demographic profile is close to the metro average, so business-type fit is driven by other factors like income and competition.

What's the poverty rate in North Hollywood, and what does it imply for businesses?

The poverty rate in North Hollywood is approximately 14%, compared to the Los Angeles metro median of 11%. The poverty rate tracks the metro median; business-type fit depends more on competition and demographic specifics.

What's the local customer base size in North Hollywood?

ACS data estimates the North Hollywood resident population at roughly 84K. A larger resident base supports a broader range of business types and can absorb more direct competitors.

Is North Hollywood more single-occupant or family-household?

ACS data puts average household size in North Hollywood at 2.2, compared to 2.7 across Los Angeles. Smaller households suggest more singles or couples — favorable for casual dining, fitness, and convenience retail.