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The State of Local Restaurants 2019

COLORADO


We analyzed transactions for every day of the 2018 calendar year at 42,223 small, local restaurants across the United States, including Colorado. The result is a comprehensive look at when local restaurants do the most business, when they seat the most guests, and when customers tend to spend a little extra when eating out.

What we learned about local restaurant sales in Colorado

Colorado is the 13th-ranked state for average restaurant revenues in the United States, pulling in 8% more in daily revenue than the national average on a given day.

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How much do restaurants in Colorado make on an average day?

On a given day, restaurants in Colorado brought in $1,380 in revenue. The average restaurant also processed about 47 transactions each day while seeing customers spend an average of $29.53 per ticket.

Sales Revenue Transactions Ticket Size
$1,380 47 $29.56
National Rank: 13 National Rank: 17 National Rank: 16

 

How much do local restaurants in Colorado make each week?

Weekends are big for restaurants across the country, and things were no different in the Centennial State, with 53% of all revenue coming in between Friday and Sunday.

Saturday was the biggest day of the week, accounting for 20% of all local restaurant revenue. Monday was the lowest performing day of the week, accounting for 10% of all revenue.

 

Saturday was also the busiest day of the week in terms of foot traffic, with Colorado restaurants processing an average of 55 transactions per day.

Coloradans open their pocketbooks the most on Saturdays as well, spending $32.92 per ticket on average. Which is 11% more than the average ticket throughout the week.

 

 

How much does the average restaurant in Colorado make in a year?

Restaurants in Colorado experience their biggest months during the summer, as opposed to most restaurants across the country where revenue stays mostly consistent throughout the year.

 

Top 5 days for Colorado restaurants

Summertime was big for restaurants in Colorado, with each of their top five days all coming in weekends in July and August.

#1 #2 #3 #4 #5

7/28/18

8/4/18

8/3/18

7/14/18

7/21/18

Saturday Saturday Friday Saturday Saturday

 

Colorado restaurants on prominent days

Restaurants look to events and holidays to generate big sales for their business. Here’s how prominent days rank compared to the average day.

  Day rank based on total sales How much did restaurants that were open make?
Day Day Rank Total rev vs avg % of restaurants open Avg rev Rev vs avg Avg txns Txns vs avg Avg ticket Ticket vs avg
New Year's Day 337 -37% 48% $1,554 13% 43 -8% $36.07 22%
Super Bowl Sunday 283 -24% 69% $1,296 -6% 43 -9% $30.34 3%
Valentine's Day 128 11% 84% $1,553 13% 46 -1% $33.63 14%
President's Day 335 -36% 73% $1,026 -26% 37 -21% $27.67 -6%
St. Patrick's Day 20 48% 89% $1,941 41% 61 30% $32.03 8%
Saturday before Easter 51 35% 90% $1,761 28% 55 17% $32.18 9%
Easter Sunday 282 -23% 61% $1,464 6% 43 -9% $34.42 16%
Cinco de Mayo 32 41% 92% $1,804 31% 57 23% $31.38 6%
Day before Mother's Day 33 41% 94% $1,772 28% 54 15% $32.91 11%
Mother's Day 46 38% 79% $2,044 48% 53 15% $38.22 29%
Memorial Day 243 -16% 69% $1,428 3% 46 -2% $31.31 6%
Day before Father's Day 13 53% 97% $1,844 34% 55 18% $33.40 13%
Father's Day 36 40% 84% $1,963 42% 54 17% $36.09 22%
4th of July 199 -7% 64% $1,698 23% 51 9% $33.41 13%
Labor Day 200 -8% 67% $1,627 18% 51 9% $31.86 8%
Halloween 278 -23% 84% $1,082 -22% 43 -7% $24.95 -16%
Veteran's Day 237 -15% 71% $1,412 2% 46 -1% $30.59 4%
Thanksgiving 364 -66% 34% $1,181 -14% 29 -37% $40.19 36%
Black Friday 218 -11% 74% $1,402 2% 40 -15% $35.47 20%
Saturday before Christmas 89 23% 80% $1,807 31% 50 8% $35.92 22%
Christmas Eve 298 -27% 60% $1,426 3% 36 -22% $39.07 32%
Christmas Day 365 -75% 19% $1,573 14% 35 -26% $45.53 54%
New Year's Eve 177 -2% 68% $1,702 23% 43 -8% $39.52 34%

Methodology

Womply analyzed daily revenue for 42,223 restaurants in all 50 states, including Colorado, as well as the District of Columbia for all 365 days of the 2018 calendar year. Restaurants were only qualified for the analysis if they qualified as small businesses, Womply had a full year of transaction history, and the business recorded multiple transactions per day, on average.

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