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06/14/18
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Breaking even 37% <br />Losing money 25% <br />Table 3: Profitability of Incubators in 2015. <br />Overall, it seems fewer incubators are breaking even in 2015, however, more are <br />either profitable or lose money. The trend, however, still suggest that food incubators <br />are challenging to operate. A flaw the authors did not mention is the reporting bias and <br />censoring. Companies may be less likely to report losing money and the companies that <br />have already gone out of business are not included in the survey. <br />Key competitors <br />Local restaurants <br />The CDA for the current study has <br />been shown in Figure 1. Here we used <br />the CDA to identify the locations of <br />current restaurants to analyze the <br />regional competitions. Figure 3 shows <br />the locations and the density of the 342 <br />restaurants currently in operation around <br />the Ramsey CDA. The Anoka -Coon <br />Rapids restaurant node has the highest <br />density of restaurants around Ramsey. <br />Elk River, Rogers and St. Francis regions <br />all have a small node of restaurants. <br />These observations follow similar <br />developmental densities found through <br />previous research for a retail <br />development projects. It is also clear <br />that Ramsey is at the edge of the Anoka - <br />Coon Rapids restaurant node and the <br />regions north of the COR has very limited <br />restaurant presence. An interactive map is <br />available through Google Map. <br />https://drive.aooale.com/open?id=100HEct <br />OTU4ITGiscirNCZVkOleuP1 UQFv <br />Restaurant types <br />We further analyzed the primary <br />cuisine types offered at the 342 <br />restaurants identified. (Figure 4) The <br />Pizza <br />FastFood <br />Sandwiches <br />American (Tradltiona) <br />Burgers <br />Chinese <br />Mexican <br />Keywords Cuisine Type <br />Fast Food <br />Pizza O <br />American <br />Chinese 0 ■ <br />Cafes A ■ <br />Mexican 0 <br />Bars el■ <br />Asian Q' <br />Japanese _i <br />Bakeries 01 I <br />Other 0 <br />Breakfast & Brunch El <br />ChickenWings ■ <br />Coffee & Tea ■ <br />FI <br />tl- <br />Cl <br />Ihertville <br />Michael. <br />field <br />Corcoran <br />C" R <br />msev <br />Bethel <br />65 <br />m Lake <br />75 100 <br />ds of <br />imary <br />t) . <br />;Density <br />30 <br />20 <br />10 <br />Maple Grove CP <br />Map data ,20I8 Goonlr. <br />Figure 3. Density map showing the <br />distribution of the current restaurants in and <br />around Ramsey. (Red dots show the specific <br />location of these restaurants). <br />18 Boerschinger, Olivia, Pansch, Joshua, Lupini, Matthew. PA5211: Land Use Planning. Public Affairs. <br />7 <br />
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