Business Survivability in Frankford, Philadelphia
StreetSpring's 2026 analysis finds that the best business to open in Frankford is a Veterinary Clinic with a ~83% 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: a Veterinary Clinic in Frankford (~83% average survival rate, ~87% at best locations)
- Neighborhood rank: #22 across all neighborhoods in and around Philadelphia
- Neighborhood average: ~78% 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 Frankford 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 Frankford is a Veterinary Clinic with a ~83% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~87% chance; next is a Grocery Store with a 80.45% chance, followed by a Soul Food or Southern Restaurant with a 79.76% chance.
Is Frankford a good place to start a business?
StreetSpring ranks Frankford #22 among all analyzed neighborhoods in and around Philadelphia, with a neighborhood-wide average survivability of ~78%.
- At the strongest addresses in Frankford, the most viable business types score ~13% higher than the average survivability rate across all locations.
- Still, those same business types at weaker addresses in Frankford can score well below the neighborhood mean. Even the most viable concept here requires the right address to reach its potential.
- With a 87.2% employment rate, Frankford has the consumer spending foundation that supports a range of brick-and-mortar business types.
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 Frankford?
The right address in Frankford can mean a 20-point survivability difference from an average one — StreetSpring identifies exactly which addresses are worth pursuing. The location below represents the address in Frankford with the highest projected survivability for a Veterinary Clinic:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Veterinary Clinic in Frankford. The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. The model evaluates hundreds of factors — from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Frankford?
| # | Business type | Chance of lasting two or more years |
|---|---|---|
| 1 | Veterinary Clinic | 83.17% |
| 2 | Grocery Store | 80.45% |
| 3 | Southern Food Restaurant | 79.76% |
| 4 | Smoke Shop | 79.60% |
| 5 | Dance Club | 79.31% |
| 6 | Diner | 79.30% |
| 7 | Asian Fusion Restaurant | 79.19% |
| 8 | Seafood Restaurant | 77.41% |
| 9 | Pet Grooming Shop | 77.33% |
| 10 | Laundromat | 76.48% |
#1-5: Highest Survivability in Frankford
- Veterinary Clinic is ranked #1 for top businesses to open in Frankford: 83.17% chance on average, best at ~87%, challenging at ~79%.
- Grocery Store — ~76%–~83% survivability range, with an average of 80.45% across Frankford.
- Opening a Soul Food or Southern Restaurant in Frankford shows 79.76% average survivability. Top locations reach ~83%; lower-end sites show ~77%.
- Smoke Shop (Ranked #4): 79.60% average in Frankford. Best-case storefronts: ~84%. Challenging locations: ~75%.
- Dance Club is ranked #5 for top businesses to open in Frankford: 79.31% chance on average, best at ~83%, challenging at ~76%.
#6-10: Strong Performers in Frankford
- Diner — ~75%–~83% survivability range, with an average of 79.30% across Frankford.
- Opening an Asian Fusion Restaurant in Frankford shows 79.19% average survivability. Top locations reach ~84%; lower-end sites show ~74%.
- Seafood Restaurant (Ranked #8): 77.41% average in Frankford. Best-case storefronts: ~82%. Challenging locations: ~73%.
- Pet Grooming Shop is ranked #9 for top businesses to open in Frankford: 77.33% chance on average, best at ~82%, challenging at ~73%.
- Laundromat — ~69%–~81% survivability range, with an average of 76.48% across Frankford.
Top 3 Compared Nationally
- Veterinary Clinic — See how this compares to other cities →
- Grocery Store — See how this compares to other cities →
- Southern Food Restaurant — See how this compares to other cities →
How much money could a business in Frankford make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, following the survivability data rather than relying on intuition or foot traffic estimates in Frankford could lead to you making ~13% more than if you selected an average location, and ~26% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- Different business models thrive in different micro-locations.
- Where you open matters more than anything else.
- Our data shows that the single highest-impact decision a business owner makes is the address they choose — and Survivability Score is the best guide to that decision.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.
What businesses should open next in Frankford?
The top businesses to open next in Frankford:
- Veterinary Clinics — 83.17% average survival rate, ~87% at the best address
- Grocery Stores — 80.45% average survival rate
- Southern Food Restaurants — 79.76% average survival rate
The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. 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. The 8.0% commercial vacancy rate in Frankford 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. New competitors open and close every week, changing the survivability landscape for every address in Frankford. StreetSpring's weekly updates mean you can always see the current score for any available storefront.
See the Survivability Score for your new business
Related Articles:
- See the Philadelphia Business Survivability Rankings
- See the Philadelphia Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across Philadelphia neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Frankford.
What type of business should you rent your Frankford storefront to?
If you own commercial space in Frankford, StreetSpring's 2026 data points to Veterinary Clinics, Grocery Stores, and Southern Food Restaurants as the tenant types with the strongest projected longevity at this location.
- Where you open matters more than anything else.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. Use StreetSpring to see the survivability score for any business type at your exact storefront address before you sign a lease.
Related: See How Landlord Representatives in Philadelphia Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Frankford storefront to a Veterinary Clinic?
StreetSpring's 2026 analysis strongly supports renting to a Veterinary Clinic in Frankford: best-in-class addresses achieve ~87% survivability, and even the lower-end sites come in at ~79% — 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 Frankford?
In Frankford, the single most important factor in your site-selection decision is the Survivability Score of the specific address you're evaluating.
- Where survivability is highest, Revenue Capture Score is invariably strong — the two are tightly correlated across every business type we've analyzed.
- The underlying models are StreetSpring's own — built, trained, and maintained using data external platforms cannot access.
- StreetSpring is free to use — see the current survivability score for any address in Frankford right now.
See the best place for your business at StreetSpring.
StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. Aggregated survivability rankings for Philadelphia are available in machine-readable format for research and integration purposes.
Full dataset for Philadelphia: /resources/data/philadelphia-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.