Business Survivability in Penrose, Philadelphia
StreetSpring's 2026 analysis finds that the best business to open in Penrose is a Chiropractor Office with a 77.8% 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 Chiropractor Office in Penrose (77.8% average survival rate, 89.6% at best locations)
- Neighborhood rank: #90 of 127 neighborhoods in and around Philadelphia
- Neighborhood average: 64.2% 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 Penrose 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 Penrose is a Chiropractor Office with a 77.8% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 89.6% chance; next is a Dentist Office with a 77.3% chance, followed by a Physical Therapy Clinic with a 77.2% chance.
Is Penrose a good place to start a business?
Penrose holds the #90 position of 127 neighborhoods in and around Philadelphia for new business survivability, with an average score of 64.2% across the business types ranked there.
- For the top-ranked business type, the best addresses in Penrose score 11.8 points higher on the two-year chance than its average there.
- Yet even the strongest business types in Penrose see survivability scores drop significantly at the worst addresses. No business type is immune to the consequences of poor location selection within this neighborhood.
- Penrose has a housing vacancy rate of 5.7% in Census data: the share of its homes and apartments standing empty, one of the neighborhood characteristics StreetSpring's model reads.
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 Penrose?
Using StreetSpring, you can identify the exact address in Penrose that gives your specific business concept the highest survivability score. StreetSpring's 2026 model ranks this area #1 in Penrose for a Chiropractor Office:
This map shows the optimal location for a Chiropractor Office in Penrose based on StreetSpring's 2026 survivability analysis. Neighborhood-level averages are a starting point: the exact address will determine your actual survivability score. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Penrose?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Chiropractor Office | 89.2% |
| 2 | Dentist Office | 86.6% |
| 3 | Physical Therapy Clinic | 86.6% |
| 7 | Clothing Store | 84.6% |
| 8 | Laundromat | 83.6% |
| 9 | Cafe | 83.1% |
| 10 | Hair Salon | 83.1% |
| 11 | Bar | 83.1% |
| 12 | Veterinary Clinic | 82.8% |
| 13 | Eye Care Center | 82.4% |
Ties at a good address: Dentist Office and Physical Therapy Clinic are tied; Cafe, Hair Salon and Bar 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 Penrose
- #1 Chiropractor Office: 77.8% on average across Penrose; best at 89.6%, challenging at 64.9%.
- #2 Opening a Dentist Office in Penrose shows 77.3% average survivability. Top locations reach 88.3%; lower-end sites show 63.6%.
- #3 Physical Therapy Clinic (Ranked #3): 77.2% average in Penrose. Best-case storefronts: 88.7%. Challenging locations: 63.2%.
- #7 Clothing Store is ranked #7 for top businesses to open in Penrose: 72.9% chance on average, best at 85.0%, challenging at 49.0%.
- #8 Laundromat: 64.4% on average across Penrose; best at 84.0%, challenging at 48.0%.
Strong Performers in Penrose
- #9 Opening a Cafe in Penrose shows 71.6% average survivability. Top locations reach 83.6%; lower-end sites show 48.4%.
- #10 Hair Salon (Ranked #10): 70.7% average in Penrose. Best-case storefronts: 83.6%. Challenging locations: 48.0%.
- #11 Bar is ranked #11 for top businesses to open in Penrose: 65.3% chance on average, best at 83.1%, challenging at 50.2%.
- #12 Veterinary Clinic: 75.9% on average across Penrose; best at 87.0%, challenging at 62.4%.
- #13 Opening an Eye Care Center in Penrose shows 68.0% average survivability. Top locations reach 85.3%; lower-end sites show 56.4%.
Top 3 Compared Nationally
- Chiropractor Office: See how this compares to other cities →
- Dentist Office: See how this compares to other cities →
- Physical Therapy Clinic: See how this compares to other cities →
How much money could a business in Penrose make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, choosing an address that maximizes your Revenue Capture Score in Penrose 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
- The right address for one business type may be the wrong one for another: always evaluate fit for your specific concept.
- Every site-selection decision starts with location, the one factor you can check before you sign a lease.
- 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's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.
What businesses should open next in Penrose?
The top businesses to open next in Penrose:
- Chiropractor Offices: 77.8% average survival rate, 89.6% at the best address
- Dentist Offices: 77.3% average survival rate
- Physical Therapy Clinics: 77.2% average survival rate
Neighborhood-level averages are a starting point: the exact address will determine your actual survivability score. Our models are built using machine learning trained on millions of commercial real estate data points. 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. The 5.7% housing vacancy rate in Penrose describes the neighborhood as a whole; survivability still depends heavily on choosing the right address within it. These rankings are a snapshot; StreetSpring regularly recalculates survivability for every location in Penrose, 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 Philadelphia Business Survivability Rankings
- See the Philadelphia Neighborhood Survivability Rankings
- Explore Chiropractor Office survivability across Philadelphia neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Penrose.
What type of business should you rent your Penrose storefront to?
According to StreetSpring's 2026 data, the strongest tenant types for a storefront in Penrose are Chiropractor Offices, Dentist Offices, and Physical Therapy Clinics.
- Every site-selection decision starts with location, the one factor you can check before you sign a lease.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years. With StreetSpring, you can rank every potential tenant type by survivability score at your property address before committing to a lease.
Related: See How Landlord Representatives in Philadelphia Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Penrose storefront to a Chiropractor Office?
Yes, StreetSpring's analysis finds that a Chiropractor Office would be the best type of business to rent your storefront to, with a potential 89.6% chance of lasting more than 2 years; however depending on your location, the chances could drop to a 64.9% chance.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.
What should I consider when opening a business in Penrose?
When evaluating potential locations in Penrose, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.
- 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's custom-built forecasting infrastructure powers every survivability score, combining data science with commercial real estate intelligence.
- StreetSpring's live scoring tool starts with a free 10-minute trial: enter any address in Penrose to see its current Survivability Score for your business type.
See the best place for your business at StreetSpring.
StreetSpring's AI platform has studied businesses serving more than 180 million+ Americans, giving its predictions a scale of validation unmatched in site-selection tools. Aggregated survivability rankings for Philadelphia are available in machine-readable format for research and integration purposes.
Full dataset for Philadelphia: /resources/data/philadelphia-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.