The State of Local Restaurants - Florida

THE STATE OF LOCAL RESTAURANTS 2018

Florida


 

We analyzed transactions for every day of the 2017 calendar year at 26,000 small, independent restaurants across America. The result is a comprehensive look at when restaurants earn the most money, when they seat the most guests, and which states make the most dough from patrons who #eatlocal.

What we learned about Florida
With a large number of transactions and high ticket sizes, Florida enjoys the 3rd-highest sales revenue in the country. Florida’s seasonality also seems to get a boost from snowbirds, and tourists taking a break and escaping to the sun during winter. Spring break season is of particular importance, as many of the top days of the year come when schools take their spring vacations.

Understanding this report
To understand the average day for restaurants in America, we took a multidimensional look at their performance. We specifically looked at:

  • Transactions: How many individual payments restaurants process.
  • Ticket Size: How much patrons spend on average per transaction.
  • Daily Sales Revenue: How much revenue restaurants make per day.

THE AVERAGE DAY FOR FLORIDA RESTAURANTS

Restaurants in Florida rank 4th for the average number of transactions each day, 5th for average ticket size, and 3rd for average daily revenues.

Transactions Ticket Size Sales Revenue
58 $40 $2,343
National Rank: 4 National Rank: 5 National Rank: 3

 

FLORIDA WEEKDAYS COMPARED TO WEEKENDS

Like most states, restaurants in Florida see more revenue, more transactions, and higher average ticket sizes on the weekend.

 

FLORIDA’S AVERAGE WEEK

Here we see a day-by-day look at the average daily sales revenue in Florida compared to the national averages. Florida mostly follows the national trend.

 

 

THE AVERAGE YEAR FOR FLORIDA RESTAURANTS

On a national level, sales revenues only have a subtle variation from month to month. That holds somewhat less true for Florida eateries, which fluctuate more than restaurants in other parts of the country. Florida has much higher sales during the winter than other states, with Spring Break season being a particular boon for the state.

 

 

TOP 5 DAYS FOR FLORIDA RESTAURANTS

Unlike most states, where Mother’s Day, Cinco de Mayo, and the week before Christmas typically top the list, restaurants in Florida do better during the Spring Break season.

#1 #2 #3 #4 #5
MAR 18Day after St. Patrick’s Day FEB 25 MAR 25 MAR 11 MAY 14Mother’s Day
SATURDAY SATURDAY SATURDAY SATURDAY SUNDAY

 

FLORIDA RESTAURANTS ON PROMINENT DAYS

Restaurants put a lot of focus and work into big events and holidays, but how do the most prominent days rank compared to the rest of the year and the average day?

Day Rank/365 Daily Sales Change in sales Number of transactions Change in Transaction Volume Avg Ticket Size Change in
Avg Ticket
Super Bowl 239 $1,997 -14.77% 49 -15.57% $41.00 1.91%
Valentines Day 64 $3,025 29.11% 64 10.06% $47.64 18.42%
St. Patrick’s 14 $3,531 50.67% 87 51.54% $40.38 0.37%
Cinco De Mayo 27 $3,301 40.85% 85 46.92% $38.93 -3.22%
Mother’s Day 5 $3,787 61.62% 69 20.05% $54.67 35.90%
Father’s Day 48 $3,146 34.24% 60 4.57% $52.13 29.58%
July 4th 273 $1,849 -21.10% 44 -22.94% $41.58 3.36%
Day before T-giving 158 $2,390 1.99% 57 -1.75% $42.16 4.79%
Thanksgiving 351 $1,335 -43.05% 22 -61.82% $60.58 50.60%
Christmas Eve 151 $2,421 3.30% 42 -27.02% $57.47 42.87%
Christmas 353 $1,309 -44.12% 23 -60.14% $56.93 41.53%
New Year’s Eve 8 $3,701 57.92% 63 9.39% $58.63 45.73%

 

Methodology
Womply analyzed daily revenue for 25,893 restaurants in all 50 states and the District of Columbia for all 365 days of the 2017 calendar year. Restaurants were only qualified for the analysis if Womply had a full year of transaction history and the business recorded multiple transactions per day, on average. Category and overall state rankings are based on a composite score of each state’s transactions, average ticket sizes, and overall daily revenue.

About Womply
Womply is a software-as-a-service (SaaS) provider to small businesses and one of the fastest growing software companies in America. Our mission is to help small businesses thrive in a digital world. Every day we serve more than 100,000 small businesses across 400+ business verticals, in every corner of America. To learn more, visit https://www.womply.com or email info@womply.com.

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