Business Survivability in Ericsson, Minneapolis
StreetSpring's 2026 analysis finds that the best business to open in Ericsson is an American 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 American Restaurant in Ericsson (~79% average survival rate, ~80% at best locations)
- Neighborhood rank: #15 across all neighborhoods in and around Minneapolis
- Neighborhood average: ~76% two-year survival across all business types
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: September 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Ericsson 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 Ericsson is an American 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 Coffee Shop with a 76.96% chance, followed by a Thai Restaurant with a 76.79% chance.
Is Ericsson a good place to start a business?
Across all neighborhoods in and around Minneapolis, StreetSpring's data places Ericsson at #15 with a ~76% average Survivability Score.
- Top-performing business types at the best addresses in Ericsson show a ~5% survival rate advantage over the neighborhood average.
- Yet even the strongest business types in Ericsson see survivability scores drop significantly at the worst addresses. No business type is immune to the consequences of poor location selection within this neighborhood.
- Commercial vacancy in Ericsson sits at 9.3%, a figure that factors into survivability scores for every business type in 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 Ericsson?
StreetSpring's Ericsson data goes block by block — not just neighborhood averages — so you know which specific storefront gives your concept the strongest foundation. StreetSpring's 2026 model ranks this area #1 in Ericsson for an American Restaurant:
This map shows the optimal location for an American Restaurant in Ericsson based on StreetSpring's 2026 survivability analysis. Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Ericsson?
| # | Business type | Chance of lasting two or more years |
|---|---|---|
| 1 | American Restaurant | 78.63% |
| 2 | Coffee Shop | 76.96% |
| 3 | Thai Restaurant | 76.79% |
| 4 | Steakhouse | 76.78% |
| 5 | Gym | 76.17% |
| 6 | Dessert Shop | 75.43% |
| 7 | Liquor Store | 74.75% |
| 8 | Dance Club | 74.49% |
| 9 | Smoke Shop | 72.99% |
| 10 | Pet Grooming Shop | 72.77% |
#1-5: Highest Survivability in Ericsson
- American Restaurant (Ranked #1): 78.63% average in Ericsson. Best-case storefronts: ~80%. Challenging locations: ~75%.
- Coffee Shop is ranked #2 for top businesses to open in Ericsson: 76.96% chance on average, best at ~81%, challenging at ~72%.
- Thai Restaurant — ~73%–~81% survivability range, with an average of 76.79% across Ericsson.
- Opening a Steakhouse in Ericsson shows 76.78% average survivability. Top locations reach ~81%; lower-end sites show ~73%.
- Gym (Ranked #5): 76.17% average in Ericsson. Best-case storefronts: ~79%. Challenging locations: ~73%.
#6-10: Strong Performers in Ericsson
- Dessert Shop is ranked #6 for top businesses to open in Ericsson: 75.43% chance on average, best at ~78%, challenging at ~72%.
- Liquor Store — ~71%–~78% survivability range, with an average of 74.75% across Ericsson.
- Opening a Dance Club in Ericsson shows 74.49% average survivability. Top locations reach ~79%; lower-end sites show ~69%.
- Smoke Shop (Ranked #9): 72.99% average in Ericsson. Best-case storefronts: ~77%. Challenging locations: ~68%.
- Pet Grooming Shop is ranked #10 for top businesses to open in Ericsson: 72.77% chance on average, best at ~77%, challenging at ~67%.
Top 3 Compared Nationally
- American Restaurant — See how this compares to other cities →
- Coffee Shop — See how this compares to other cities →
- Thai Restaurant — See how this compares to other cities →
How much money could a business in Ericsson make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting a storefront that StreetSpring ranks in the top tier for your business type in Ericsson could lead to you making ~5% more than if you selected an average location, and ~15% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- StreetSpring calculates survivability for each business type separately at each address — so the best location for your concept may differ from the neighborhood's overall top-ranked site.
- Site selection is the highest-leverage decision most entrepreneurs make — it sets every other variable in motion.
- Across every business type we've analyzed, location quality as measured by Survivability Score is the strongest predictor of financial performance.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.
What businesses should open next in Ericsson?
The top businesses to open next in Ericsson:
- American Restaurants — 78.63% average survival rate, ~80% at the best address
- Coffee Shops — 76.96% average survival rate
- Thai Restaurants — 76.79% average survival rate
Static rankings can't capture every recent change in competition or consumer spending; 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. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. A 9.3% vacancy rate in Ericsson reflects the current commercial environment; StreetSpring weights this directly in every survivability score for addresses in this neighborhood. Survivability scores are recalculated weekly as new competitors open and spending patterns shift — visit StreetSpring to see the current score for any open location in Ericsson right now.
See the Survivability Score for your new business
Related Articles:
- See the Minneapolis Business Survivability Rankings
- See the Minneapolis Neighborhood Survivability Rankings
- Explore American Restaurant survivability across Minneapolis neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Ericsson.
What type of business should you rent your Ericsson storefront to?
StreetSpring's analysis shows that the most promising business categories for your property in Ericsson are American Restaurants, Coffee Shops, and Thai Restaurants.
- Site selection is the highest-leverage decision most entrepreneurs make — it sets every other variable in motion.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does. 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 Ericsson storefront to an American Restaurant?
StreetSpring's 2026 analysis strongly supports renting to an American Restaurant in Ericsson: best-in-class addresses achieve ~80% survivability, and even the lower-end sites come in at ~75% — above average for most business types.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.
What should I consider when opening a business in Ericsson?
Before committing to any location in Ericsson, the highest-priority metric to check is the Survivability Score — it encodes every relevant location factor into a single, actionable number.
- Revenue Capture Score matters more than any other single metric when predicting business outcomes.
- No third-party scoring system produces these results — every prediction is generated by StreetSpring's own analytical models.
- StreetSpring is free to use — see the current survivability score for any address in Ericsson right now.
See the best place for your business at StreetSpring.
StreetSpring's AI platform has studied businesses serving more than 180 million+ Americans, giving its predictions a scale of validation unmatched in site-selection tools. 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.