Loop
1,456 restaurants have held a licence here since 2002. 477 are trading today. Rent tier: Tier 1 · Prime.
How long restaurants last here
That is 11 points above the citywide rate. This measures outcomes, not the quality of a place. Access to capital, insurance, lending and daytime foot traffic all move it, and none of them appear in a licence record. Read it as a description of what has happened here, not as a verdict on the neighbourhood or on anyone trading in it.
What is open here now
The 6 most common concepts among the 477 restaurants currently trading — shares are of that total, so they do not add to 100%. 80 opened in the last two years.
| Concept | Open now | Share |
|---|---|---|
| Restaurant (unspecified) | 124 | 26% |
| Coffee / Cafe | 95 | 20% |
| Sandwich / Sub | 53 | 11% |
| Bakery / Dessert | 30 | 6% |
| Mexican | 25 | 5% |
| American / Burger | 23 | 5% |
Addresses that have turned over most
Storefronts in Loop that have hosted the most separate restaurants. A high count is not a verdict on the address either — but it is the first thing worth knowing before signing one, and it is the question a broker will not raise.
Watch Loop.
Everything above is the record as it stands today. Get an email when a new restaurant licence appears in Loop, and nothing at all in the weeks when none does. It covers openings only: a closure takes about three years to surface fully in the public record, and we will not send an alert we cannot stand behind.
A neighbourhood is not an address.
Everything above describes Loop as a whole. The record for one storefront is usually more decisive than the average around it, and the read scores a specific concept for a specific operator against that storefront's own record.
Read an address in Loop