Coffee Shop Business Opportunities in Memphis, Tennessee

Data-driven analysis of the coffee shop market in Memphis, Tennessee.

Opportunity Score

5.7
/10
Challenging
Market Score 8.0/10
Competition Score 4.3/10

Market Demographics

Population
6,923,772
Median Household Income
$64,035
Median Age
38.9
Total Households
3,050,850
Unemployment Rate
5.0%

Competition Landscape

Competitors Found
20
Average Rating
4.7 / 5.0
Total Reviews
5,977

Top Competitors

  • Boycott Coffee 5.0★ (83)
  • JUICED what you needed 5.0★ (89)
  • Groovy Greyhound Coffee & Creamery 5.0★ (17)
  • Humble Drip 4.9★ (75)
  • Cxffeeblack 4.9★ (196)

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