THE STATE OF LOCAL RESTAURANTS 2018
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 South Dakota
South Dakota is the 40th-ranked state for restaurant revenues. Restaurants in The Mount Rushmore State see more of their annual revenue during the warmest months. Additionally, prominent days don’t seem to have much of an impact on restaurants in South Dakota.
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 SOUTH DAKOTA RESTAURANTS
Restaurants in South Dakota rank 33rd for the average number of transactions each day, 39th for average ticket size, and 39th for average daily revenues.
|Transactions||Ticket Size||Sales Revenue|
|National Rank: 33||National Rank: 39||National Rank: 39|
SOUTH DAKOTA WEEKDAYS COMPARED TO WEEKENDS
Like most states, restaurants in South Dakota see more revenue, more transactions, and higher average ticket sizes on the weekend.
SOUTH DAKOTA’S AVERAGE WEEK
Here we see a day-by-day look at the average daily sales revenue in South Dakota compared to the national averages. South Dakota mostly follows the national trend, with a slightly lower percentage of their weekly revenue coming in on Monday, and slightly higher Saturday.
THE AVERAGE YEAR FOR SOUTH DAKOTA RESTAURANTS
On a national level, sales revenues only have a subtle variation from month-to-month. While the shift isn’t huge, restaurants in South Dakota see more revenue during the warmer months, with a notable spike in July.
TOP 5 DAYS FOR SOUTH DAKOTA RESTAURANTS
Here are the top revenue-generating days for restaurants in South Dakota. Unlike most states, where Mother’s Day and Cinco de Mayo top the list, South Dakota is a mixed bag when it comes to the top revenue days for local restaurants.
|APR 29||MAR 18St. Patrick’s Day Weekend||OCT 14||FEB 25||DEC 16Weekend before Christmas|
SOUTH DAKOTA 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 transaction size||Change in Average Ticket|
|Cinco De Mayo||85||$1,370||26.20%||48||26.57%||$28.61||1.38%|
|Day before T-giving||115||$1,233||13.53%||42||12.30%||$29.01||2.79%|
|New Year’s Eve||130||$1,172||7.92%||35||-8.50%||$33.85||19.92%|
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.
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 firstname.lastname@example.org.