Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Barber Shop Location in Groningen

Marketlyzer calculates a 63/100 opportunity score for barber shops in Groningen, supported by high competition and $46,000 average income, plus a 80/100 foot traffic index.

Groningen's $46,000 average income keeps startup-to-income ratio near 1.6:1, supporting healthy payback periods for Barber Shops

63/100 opportunity score
234,000 metro residents
$46,000 average income
38/100 launch timing score
Cautious - High Preparation
Schedule Consultation
234K
City Population
$46K
Avg Income
High
Business Density
5
Key Industries
Market Analysis

Barber Shop Opportunity Score

Data-driven potential for success in Groningen based on 7 key market factors

63 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate Opportunity

Financial Overview

Average Startup Cost
$75,000
Industry Success Rate
56%
Expected ROI Timeline
12-24 months
Customer Draw Radius
5,000m
Unique Market Intelligence

Groningen Barber Shop Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Groningen

Groningen's $46,000 average income keeps startup-to-income ratio near 1.6:1, supporting healthy payback periods for Barber Shops

lower customer density of 8,357 per commercial dollar suggests premium positioning opportunities

The balanced Barber Shop market in Groningen rewards innovation, with 80 foot traffic index

Competitive Market Position

How Groningen ranks nationally for barber shops

Groningen's 63.0/100 score indicates moderate opportunity, ranking in the 50th percentile for Barber Shop success factors

Strategic Recommendations

Actionable strategies tailored for Groningen

💰 Pricing strategy: $46,000 average income indicates value-focused positioning - volume over margin approach recommended for Groningen Barber Shops

👥 Staffing advantage: 48% college-educated population provides strong talent pool - hire locally for Groningen Barber Shop operations

📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Groningen

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Cautious - High Preparation

Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.

Timing score: 38/100
  • ⚖️ Moderate competition - balanced market entry
  • 🚶 Good foot traffic (80) - organic visibility

Seasonal Levers

  • Back-to-school haircuts
  • Holiday grooming
  • Summer short cuts

Barber Shop Market Analysis for Groningen

Why Groningen for Barber Shops?

  • Metro population of 234,000 provides large customer base
  • Average income of $46,000 supports barber shop spending
  • High business density indicates healthy economic activity
  • Strong demographics opportunities throughout the city
  • Strong foot traffic opportunities throughout the city

Barber Shop Success Factors

Demographics
Essential
Foot traffic
Essential
Parking
Essential
Competition
Essential
Visibility
Essential
Male population density
Essential

Seasonal Considerations for Groningen

Back-to-school haircuts

Holiday grooming

Summer short cuts

Best Groningen Neighborhoods for Barber Shops

Data-driven analysis of optimal areas based on barber shop success factors

Downtown Groningen

High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base

Business District

Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities

Suburban Areas

Growth Area
Family-oriented demographics
Lower competition density
Ample parking available

Groningen vs Other Netherlands Cities for Barber Shops

City Population Avg Income Market Score Action
Groningen ⭐ 234,000 $46,000
63/100
Current City
The Hague 1,055,000 $54,000
77/100
Compare →
Amsterdam 2,480,000 $55,000
76/100
Compare →
Eindhoven 753,000 $56,000
75/100
Compare →
Rotterdam 1,181,000 $45,000
72/100
Compare →

Barber Shop FAQs for Groningen

Why is now the right time to open in Groningen?

Groningen's 63.0/100 score indicates moderate opportunity, ranking in the 50th percentile for Barber Shop success factors Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.

Which customers convert best?

38% of households earn $75k+, sustaining premium spend for barber shops

What should my first location focus on?

💰 Pricing strategy: $46,000 average income indicates value-focused positioning - volume over margin approach recommended for Groningen Barber Shops

How do local conditions impact operations?

Back-to-school haircuts

Ready to Open Your Barber Shop in Groningen?

Cautious - High Preparation with a 63/100 opportunity score, high competition, and a 80/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.