Business Survivability in Ericsson, Minneapolis
StreetSpring's 2026 analysis finds that the best business to open in Ericsson is a Veterinary Clinic with a 87.5% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Veterinary Clinic in Ericsson (87.5% average survival rate, 90.0% at best locations)
- Neighborhood rank: #24 of 64 neighborhoods in and around Minneapolis
- Neighborhood average: 73.8% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: October 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Ericsson a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Ericsson is a Veterinary Clinic with a 87.5% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 90.0% chance; next is an Eye Care Center with a 80.7% chance, followed by a Chiropractor Office with a 81.3% chance.
Is Ericsson a good place to start a business?
Ericsson is ranked number 24 of 64 neighborhoods in and around Minneapolis to start a business, with an average 73.8% chance of lasting two or more years across the business types ranked there.
- For the top-ranked business type, the best addresses in Ericsson score 2.5 points higher on the two-year chance than its average there.
- Yet the same categories that score highest in Ericsson can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
- At 96.7% employed, Ericsson's consumer base has the spending capacity that makes the neighborhood viable for a wide range of business types, though location selection within the neighborhood still determines actual survivability.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Ericsson?
StreetSpring scores each block in Ericsson so you can see which ones give a business the best two-year chance. The map below highlights the highest-survivability address for a Veterinary Clinic in Ericsson:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Veterinary Clinic in Ericsson. The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. The model evaluates hundreds of factors, from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Ericsson?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Veterinary Clinic | 89.6% |
| 2 | Eye Care Center | 88.7% |
| 3 | Chiropractor Office | 88.3% |
| 4 | Dentist Office | 87.0% |
| 5 | Acupuncture Clinic | 86.2% |
| 9 | Smoke Shop | 84.6% |
| 10 | Liquor Store | 84.6% |
| 11 | Day Care Center | 84.2% |
| 12 | Convenience Store | 84.1% |
| 13 | Grocery Store | 84.0% |
Ties at a good address: Smoke Shop and Liquor Store are tied. A tie is a tie: the rank column is the published file's order, which looks at the average and the best address next.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Ericsson
- #1 Opening a Veterinary Clinic in Ericsson shows 87.5% average survivability. Top locations reach 90.0%; lower-end sites show 78.5%.
- #2 Eye Care Center (Ranked #2): 80.7% average in Ericsson. Best-case storefronts: 89.6%. Challenging locations: 64.9%.
- #3 Chiropractor Office is ranked #3 for top businesses to open in Ericsson: 81.3% chance on average, best at 89.6%, challenging at 66.2%.
- #4 Dentist Office: 77.5% on average across Ericsson; best at 89.2%, challenging at 65.8%.
- #5 Opening an Acupuncture Clinic in Ericsson shows 77.3% average survivability. Top locations reach 89.2%; lower-end sites show 64.1%.
Strong Performers in Ericsson
- #9 Smoke Shop (Ranked #9): 78.7% average in Ericsson. Best-case storefronts: 84.6%. Challenging locations: 66.6%.
- #10 Liquor Store is ranked #10 for top businesses to open in Ericsson: 77.6% chance on average, best at 85.0%, challenging at 60.2%.
- #11 Day Care Center: 78.4% on average across Ericsson; best at 85.1%, challenging at 67.1%.
- #12 Opening a Convenience Store in Ericsson shows 76.0% average survivability. Top locations reach 85.0%; lower-end sites show 57.1%.
- #13 Grocery Store (Ranked #13): 78.8% average in Ericsson. Best-case storefronts: 84.6%. Challenging locations: 65.6%.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Eye Care Center: See how this compares to other cities →
- Chiropractor Office: See how this compares to other cities →
How much money could a business in Ericsson make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting one of the best locations for your business in Ericsson starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- However, each business concept should be evaluated for fit within each potential location.
- Site selection is the highest-leverage decision most entrepreneurs make: it sets every other variable in motion.
- When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
- StreetSpring scores survivability down to the exact storefront location.
What businesses should open next in Ericsson?
The top businesses to open next in Ericsson:
- Veterinary Clinics: 87.5% average survival rate, 90.0% at the best address
- Eye Care Centers: 80.7% average survival rate
- Chiropractor Offices: 81.3% average survival rate
The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. StreetSpring's training dataset includes millions of transactions and business lifecycle events. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. Ericsson's employment rate (96.7%) and housing vacancy rate (9.3%) are part of the Census context StreetSpring's model reads when it scores each business type at each address. These rankings are a snapshot; StreetSpring regularly recalculates survivability for every location in Ericsson, incorporating the latest competitive openings, closures, and spending data: check current locations now.
See the Survivability Score for your new business
Related Articles:
- See the Minneapolis Business Survivability Rankings
- See the Minneapolis Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across Minneapolis neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Ericsson.
What type of business should you rent your Ericsson storefront to?
According to StreetSpring's 2026 data, the strongest tenant types for a storefront in Ericsson are Veterinary Clinics, Eye Care Centers, and Chiropractor Offices.
- Site selection is the highest-leverage decision most entrepreneurs make: it sets every other variable in motion.
- StreetSpring scores survivability down to the exact storefront location. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.
Related: See How Landlord Representatives in Minneapolis Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Ericsson storefront to a Veterinary Clinic?
Yes. Among all business types analyzed for Ericsson in 2026, a Veterinary Clinic posts the highest survivability ceiling at 90.0% and maintains a reasonable floor of 78.5%, making it the most reliable tenant choice here.
- StreetSpring scores survivability down to the exact storefront location.
What should I consider when opening a business in Ericsson?
In Ericsson, the first step in your site-selection decision is checking the Survivability Score of the specific address you're evaluating.
- The Revenue Capture Score is the most important factor in choosing a location: it is StreetSpring's estimate of the revenue a business can capture at that address.
- StreetSpring uses its own proprietary forecasting tools to identify the Revenue Capture Score for each unique business.
- Start with a free 10-minute trial: check the current survivability score for any Ericsson address on StreetSpring.
See the best place for your business at StreetSpring.
StreetSpring analyzes millions of data points with AI to forecast business survivability. Aggregated survivability rankings for Minneapolis are available in machine-readable format for research and integration purposes.
Full dataset for Minneapolis: /resources/data/minneapolis-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.