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

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 Venice maximize success.

How much money could a business in Venice make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Venice could lead to making ~2% more than selecting an average location, and ~4% more than one of the worst locations.

Is Venice a good place to start a business?

Venice is ranked number 17 across neighborhoods in and around Los Angeles to start a business, with an average Survivability Score of ~78%. The highest-scoring business types in Venice — at their optimal addresses — outperform the neighborhood average by ~2%.

What businesses are most in demand in Venice?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Venice are Taiwanese Restaurants, Pet Boarding Facilities, and Indonesian Restaurants.

What are the best businesses to open in Venice?

The top businesses to open in Venice include Taiwanese Restaurant with a ~84% chance on average of surviving more than 2 years, best-case locations reaching ~86%, followed by Pet Boarding Facility and Indonesian Restaurant.

Business Survivability in Venice, Los Angeles

StreetSpring's 2026 analysis finds that the best business to open in Venice is a Taiwanese Restaurant with a ~84% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: a Taiwanese Restaurant in Venice (~84% average survival rate, ~86% at best locations)

Neighborhood rank: #17 across all neighborhoods in and around Los Angeles

Neighborhood average: ~78% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed by Bobby Koons, Founder & CEO, StreetSpring — May 14, 2026

In this article:

Summary
Is Venice 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 Venice is a Taiwanese Restaurant with a ~84% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~86% chance; next is a Pet Boarding Facility with a ~84% chance, followed by an Indonesian Restaurant with a ~84% chance.

How business-friendly is Venice right now?

**Pattern match:** Venice's neighborhood signature — captured across demographic, employment, and amenity features — most closely matches **Morning Sunwood (Los Angeles)** and **Santa Barbara Estates (Miami)**. The three share less transit-reliant, low poverty, and high high-earner share, which helps explain why business types that succeed in those areas tend to translate to Venice.

**The pattern in Venice.** Of 93 tracked subtypes, Pet Boarding Facility leads at **84% average survivability** — yet within the neighborhood, sites for this subtype range **71-94%** (23-point spread). That spread is the real failure surface: pick the wrong block in Venice and a top-subtype play still scores in the bottom quartile. Meanwhile Kosher Restaurants are already saturated here — 23 competitors within a 0.5-mile radius.

StreetSpring ranks Venice #17 among all analyzed neighborhoods in and around Los Angeles, with a neighborhood-wide average survivability of ~78%.

The highest-scoring business types in Venice — at their optimal addresses — outperform the neighborhood average by ~2%.
However, those high-scoring categories placed at the least-competitive addresses in Venice often fall well below average. Picking the right block — not just the right neighborhood — is what actually determines survivability.
At 91.3% employed, Venice'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 Venice offer the strongest survivability?

StreetSpring's model evaluates every available address in Venice for your business type, ranking them by survivability so the best storefront is always identifiable. StreetSpring's 2026 model ranks this area #1 in Venice for a Taiwanese Restaurant:

Reading visibility, frontage, and parking carefully

Loading live map preview...

StreetSpring's 2026 model identifies this area as the highest-survivability location for a Taiwanese Restaurant in Venice. Competition and spending patterns shift constantly; StreetSpring's live tool reflects the most current conditions for any specific address. 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 →

The strongest business categories for Venice

#1-5: Highest Survivability in Venice

Taiwanese Restaurant is ranked #1 for top businesses to open in Venice: ~84% chance on average, best at ~86%, challenging at ~83%.
Pet Boarding Facility — ~82%–~86% survivability range, with an average of ~84% across Venice.
Opening an Indonesian Restaurant in Venice shows ~84% average survivability. Top locations reach ~86%; lower-end sites show ~82%.
Deli (Ranked #4): ~84% average in Venice. Best-case storefronts: ~85%. Challenging locations: ~82%.
Scandinavian Restaurant is ranked #5 for top businesses to open in Venice: ~84% chance on average, best at ~85%, challenging at ~82%.

#6-10: Strong Performers in Venice

Japanese / Sushi Restaurant — ~82%–~85% survivability range, with an average of ~84% across Venice.
Opening a Diner in Venice shows ~84% average survivability. Top locations reach ~86%; lower-end sites show ~82%.
Pet Grooming Shop (Ranked #8): ~84% average in Venice. Best-case storefronts: ~85%. Challenging locations: ~81%.
Filipino Restaurant is ranked #9 for top businesses to open in Venice: ~84% chance on average, best at ~85%, challenging at ~82%.
Portuguese Restaurant — ~81%–~85% survivability range, with an average of ~83% across Venice.

Top 3 Compared Nationally

How location selection in Venice affects revenue

Best location vs. average location

Based on StreetSpring's 2026 analysis, securing a location with maximum Revenue Capture potential in Venice 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

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.
StreetSpring's analysis shows that businesses in top-scoring locations generate meaningfully more revenue and stay open longer than those in average locations.
Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.

What Venice needs more of (per our model)

The top businesses to open next in Venice:

Taiwanese Restaurants — ~84% average survival rate, up to ~86% at best locations
Pet Boarding Facilities — ~84% average survival rate
Indonesian Restaurants — ~84% average survival rate

Competition and spending patterns shift constantly; StreetSpring's live tool reflects the most current conditions for any specific address. StreetSpring measures competition through a 30-factor framework layered on top of proprietary consumer spending forecasts and mobility models. With Venice's 91.3% employment rate factored in, the businesses best positioned to succeed here are those that benefit from a well-employed, spending-capable local consumer base. StreetSpring refreshes survivability scores every week to reflect new competition and updated spending data — see which locations in Venice are available right now and how they rank.

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 Venice.

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

Our 2026 survivability data for Venice shows that Taiwanese Restaurants, Pet Boarding Facilities, and Indonesian 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.
Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.

Should you rent your Venice storefront to a Taiwanese Restaurant?

According to our 2026 survivability model, a Taiwanese Restaurant leads all business categories for Venice landlords — ~86% at the best addresses and ~83% at the most challenging ones in this neighborhood.

Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.

What should I consider when opening a business in Venice?

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

Revenue Capture is where competition meets spending — and it's the number that matters most when choosing a location.
StreetSpring's proprietary algorithms power these predictions.
StreetSpring is free to use — see the current survivability score for any address in Venice right now.

See the best place for your business at StreetSpring.

Using predictive analytics, StreetSpring helps entrepreneurs and landlords make smarter location decisions. Aggregated survivability rankings for Los Angeles are available in machine-readable format for research and integration purposes.

Build-out budget rules-of-thumb for this neighborhood

Factor	Where new owners get tripped up	Questions to ask before you sign
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.
Parking & visibility	Storefront looks great from the sidewalk but is invisible from the road.	Drive past at 30 mph from both directions. Count street parking + nearest paid lot capacity at peak hours.
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.

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 Venice, Los Angeles — Top business types scored in Venice, Los Angeles — each axis is a subtype, taller = stronger survival rate.

How we measure this: Foot traffic measured at the city-block level using a combination of pedestrian-network analysis and Walk Score.

**A bit of history.** Venice is a neighborhood of the City of Los Angeles within the Westside region of Los Angeles County, California, United States. ([Wikipedia](https://en.wikipedia.org/wiki/Venice%2C_Los_Angeles))

**Worker-to-resident ratio (Venice):** LEHD daytime population data gives Venice a **0.3-to-1 worker/resident ratio** (a primarily-residential signal with some daytime worker pull). Median 1-mile workplace jobs: **15,792**; retail share within that: **1,436**. Worker-heavy neighborhoods skew demand toward weekday-business-hours; resident-heavy neighborhoods skew toward evenings and weekends.

Landmark anchor: Venice Public Graffiti Art Walls anchors Venice as an art-museum destination — the kind of pull factor a new business can build a marketing radius around.

**Economic context that bounds the demand environment in Venice:** Per ACS, neighborhood unemployment is **8.7%** (above the 24-metro neighborhood median). BLS QCEW shows the Los Angeles metro's average weekly wage at **$1,127** (below our 24-metro median). And Los Angeles County permitted **22,446** new residential units in 2025 per Census BPS — a population-and-demand growth signal.

**National benchmark:** Per BLS Business Employment Dynamics (March 2025), 5-year survival rates for StreetSpring's tracked industries span **47.8-61.8%**. Restaurants — the most-studied of these — survive at **50.0%** nationally, not the often-cited "80% fail" myth. The real risk premium is at the location level, which is what StreetSpring's model isolates.

Related:

Business Survivability in Venice, Los Angeles

Summary

How business-friendly is Venice right now?

Which blocks in Venice offer the strongest survivability?

Reading visibility, frontage, and parking carefully