THE STATE OF LOCAL RESTAURANTS
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 Ohio
Ohio is the 28th best state for local restaurants. They experience a steady seasonality with December as their best month. Interestingly, restaurants in Ohio to do much better during the holiday rush than most states.
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 OHIO RESTAURANTS
Restaurants in Ohio rank 30th for the average number of transactions each day; the average ticket size is the 22nd largest; they are the 30th highest state for average daily revenues. This makes The Buckeye State the 28th overall best state for restaurants.
|Transactions||Ticket Size||Sales Revenue|
|National Rank: 30||National Rank: 22||National Rank: 30|
OHIO WEEKDAYS COMPARED TO WEEKENDS
Like most states, restaurants in Ohio see more revenue, more transactions, and higher average ticket sizes on the weekend.
OHIO’S AVERAGE WEEK
Here we see a day by day look at the average daily sales revenue in Ohio compared to the national averages. Ohio restaurants see more of their revenue on Fridays and Saturdays, but generally they follow the national trend.
THE AVERAGE YEAR FOR OHIO RESTAURANTS
On a national level, sales revenues only have a subtle variation from month-to-month. That holds true for Ohio as well for the most part, with a slight spike in December.
TOP 5 DAYS FOR OHIO RESTAURANTS
Here are the top five revenue-generating days for restaurants in Ohio. Surprisingly Mother’s day doesn’t make the list for Ohio as it does for most states. Ohio restaurants also do much better during the holiday rush than the average state.
|MAY 6Cinco de Mayo Weekend||DEC 15Weekend Before Christmas||MAR 4||DEC 16Weekend Before Christmas||DEC 22Christmas Weekend|
OHIO 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 transaction size||Change in Average Ticket|
|Cinco De Mayo||16||$2,073||60.84%||61||57.81%||$33.82||3.38%|
|Day before T-giving||110||$1,510||17.21%||45||15.68%||$33.62||2.78%|
|New Year’s Eve||56||$1,855||43.94%||39||-0.19%||$47.85||46.28%|
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 email@example.com.