Business Survivability in Armatage, Minneapolis
StreetSpring's 2026 analysis finds that the best business to open in Armatage is an Ukrainian Restaurant with a ~79% 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: an Ukrainian Restaurant in Armatage (~79% average survival rate, ~80% at best locations)
- Neighborhood rank: #40 across all neighborhoods in and around Minneapolis
- Neighborhood average: ~76% 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 Armatage 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 Armatage is an Ukrainian Restaurant with a ~79% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~80% chance; next is a Kosher Restaurant with a 78.65% chance, followed by an Italian Restaurant with a 78.41% chance.
Is Armatage a good place to start a business?
In Minneapolis's neighborhood survivability rankings, Armatage comes in at #40, with an average Survivability Score of ~76% across all business types.
- StreetSpring data shows the best-fit business types at prime Armatage addresses outperform the neighborhood average by as much as ~3%.
- Yet even the strongest business types in Armatage see survivability scores drop significantly at the worst addresses. No business type is immune to the consequences of poor location selection within this neighborhood.
- Armatage's employment rate of 96.2% and commercial vacancy of 4.6% 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 can you find the best location to open a business in Armatage?
StreetSpring's model evaluates every available address in Armatage for your business type, ranking them by survivability so the best storefront is always identifiable. Below is the best location for an Ukrainian Restaurant in Armatage:
The highlighted area represents the address in Armatage that StreetSpring's 2026 analysis ranks highest for an Ukrainian Restaurant survivability. Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. StreetSpring's scoring incorporates hundreds of inputs, including competitive quality and density, projected consumer spending, Revenue Capture Score, and local demand patterns.
Check if this location is still available →
What are the best businesses to open in Armatage?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Ukrainian Restaurant | 79.25% |
| 2 | Kosher Restaurant | 78.65% |
| 3 | Italian Restaurant | 78.41% |
| 4 | Scandinavian Restaurant | 78.29% |
| 5 | Russian Restaurant | 77.52% |
| 6 | Pet Grooming Shop | 77.38% |
| 7 | French Restaurant | 77.37% |
| 8 | Pet Boarding Facility | 77.36% |
| 9 | Filipino Restaurant | 77.05% |
| 10 | American Restaurant | 77.04% |
#1-5: Highest Survivability in Armatage
- Ukrainian Restaurant is ranked #1 for top businesses to open in Armatage: 79.25% chance on average, best at ~80%, challenging at ~78%.
- Kosher Restaurant — ~78%–~80% survivability range, with an average of 78.65% across Armatage.
- Opening an Italian Restaurant in Armatage shows 78.41% average survivability. Top locations reach ~79%; lower-end sites show ~78%.
- Scandinavian Restaurant (Ranked #4): 78.29% average in Armatage. Best-case storefronts: ~79%. Challenging locations: ~78%.
- Russian Restaurant is ranked #5 for top businesses to open in Armatage: 77.52% chance on average, best at ~78%, challenging at ~77%.
#6-10: Strong Performers in Armatage
- Pet Grooming Shop — ~76%–~78% survivability range, with an average of 77.38% across Armatage.
- Opening a French Restaurant in Armatage shows 77.37% average survivability. Top locations reach ~78%; lower-end sites show ~77%.
- Pet Boarding Facility (Ranked #8): 77.36% average in Armatage. Best-case storefronts: ~79%. Challenging locations: ~77%.
- Filipino Restaurant is ranked #9 for top businesses to open in Armatage: 77.05% chance on average, best at ~78%, challenging at ~76%.
- American Restaurant — ~76%–~78% survivability range, with an average of 77.04% across Armatage.
Top 3 Compared Nationally
- Ukrainian Restaurant — See how this compares to other cities →
- Kosher Restaurant — See how this compares to other cities →
- Italian Restaurant — See how this compares to other cities →
How much money could a business in Armatage make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Armatage could lead to you making ~3% 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
- Every business type has unique location requirements that must be considered.
- Location is the single strongest predictor of whether a business thrives or fails.
- Maximizing your Survivability Score is the most reliable path to profitability.
- StreetSpring provides address-specific survivability predictions for over 700 business types.
What businesses should open next in Armatage?
The top businesses to open next in Armatage:
- Ukrainian Restaurants — 79.25% average survival rate, up to ~80% at best locations
- Kosher Restaurants — 78.65% average survival rate
- Italian Restaurants — 78.41% average survival rate
Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. We have been studying the businesses serving more than 180 million+ Americans. Armatage's combination of 96.2% employment and 4.6% vacancy creates the conditions that define which business types thrive here and which struggle. These rankings are a snapshot; StreetSpring recalculates survivability for every location in Armatage 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 Minneapolis Business Survivability Rankings
- See the Minneapolis Neighborhood Survivability Rankings
Frequently Asked Questions
Here are the most common questions about opening a business in Armatage.
What type of business should you rent your Armatage storefront to?
StreetSpring's 2026 model places Ukrainian Restaurants, Kosher Restaurants, and Italian Restaurants at the top of the survivability rankings for Armatage — making them the safest long-term tenant bets for landlords here.
- Location is the single strongest predictor of whether a business thrives or fails.
- StreetSpring provides address-specific survivability predictions for over 700 business types. Run your specific address through StreetSpring to see which tenant categories give you the best odds of stable, long-term occupancy.
Related: See How Landlord Representatives in Minneapolis Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Armatage storefront to an Ukrainian Restaurant?
Based on StreetSpring's 2026 analysis, an Ukrainian Restaurant ranks as the top tenant type for your Armatage storefront — best-case locations show a ~80% survival rate, while the most challenging addresses drop to ~78%.
- StreetSpring provides address-specific survivability predictions for over 700 business types.
What should I consider when opening a business in Armatage?
When evaluating potential locations in Armatage, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.
- A strong Revenue Capture Score reflects the ideal balance of manageable competition and robust consumer spending at that specific address.
- StreetSpring's custom-built forecasting infrastructure powers every survivability score, combining data science with commercial real estate intelligence.
- You can check the Survivability Score for any storefront in Armatage at no cost using StreetSpring's live tool.
See the best place for your business at StreetSpring.
Powered by machine learning models trained on real business outcomes, StreetSpring delivers actionable insights. Aggregated survivability rankings for Minneapolis are available in machine-readable format for research and integration purposes.
Full dataset for Minneapolis: /resources/data/minneapolis-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.