Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Business Location in Barranquilla

Barranquilla offers 2,370,000 metro customers, $7,200 average income, and high commercial activity—ideal conditions for data-led site selection.

Active business environment with high commercial density and growth opportunities

76 readiness score (B+)
2,370,000 metro residents
$7,200 average income
2,370K
Metro Population
$7K
Avg Income
High
Business Density
5
Major Industries

Barranquilla Business Environment

Market Insights

  • Active business environment with high commercial density and growth opportunities
  • Cost-effective commercial space at $24/sq ft
  • Located in Atlántico, Colombia with COP currency

Top Industries

Port Services
Manufacturing
Trade
Chemicals
Pharmaceuticals

Barranquilla Neighborhood Analysis

Discover the best neighborhoods for your business type in Barranquilla

Barranquilla features diverse neighborhood types: downtown core, business districts, residential areas, and emerging zones

Each district offers distinct advantages for foot traffic, rent costs, and customer demographics

Downtown/City Center

  • • Highest foot traffic density
  • • Premium rental costs
  • • Best for retail & restaurants
  • • Excellent public transport access

Business Districts

  • • High concentration of offices
  • • Ideal for B2B services
  • • Strong weekday traffic
  • • Growing food & beverage demand

Suburban Areas

  • • Lower rental costs
  • • Family-oriented demographics
  • • Ample parking availability
  • • Good for service businesses

Emerging Areas

  • • High growth potential
  • • Lower competition density
  • • Opportunity for early movers
  • • Rising property values

Barranquilla Business Readiness Score

Data-driven viability assessment

B+
76
Overall Score
16
market size
8
income level
16
business activity
16
foot traffic
20
growth outlook
Cost Analysis

Cost of Operations in Barranquilla

Financial breakdown for a 1,500 sq ft location

Startup Investment

Basic Setup
3 months rent + basics
$158,000
Standard Buildout
6 months rent + furnishing
$316,000
Premium Finish
12 months rent + premium
$632,000

Monthly Operating

Rent (1,500 sqft) $36,000
Utilities & Services $3,600
Labor (2 employees) $576
Total Monthly
Break-even target
$40,176

Cost Insights

Affordable rent at $24/sqft enables competitive pricing strategies

Barranquilla Market Entry Timing

Data-driven signals for optimal business launch timing

65 / 100
Good - Favorable Window

Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Entry Timing Factors

🚀 Very high growth trajectory - first-mover advantage available
🔥 High competition - differentiation critical
🚶 Good foot traffic (82) - organic visibility

Business Performance in Barranquilla

Market dynamics and success indicators

2.1x higher business density than national average

Average business survives 7.2 years in this market

Frequently Asked Questions about Business in Barranquilla

What makes Barranquilla attractive for new concepts?

2.1x higher business density than national average Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Where should I prioritize my first site?

Barranquilla features diverse neighborhood types: downtown core, business districts, residential areas, and emerging zones

Which industries create the strongest spillover demand?

Port Services, Manufacturing, Trade employers generate consistent daytime and weekend traffic that supports retail, food, and service concepts.

What operating costs should I plan for?

Expect about $36,000 in monthly rent with total operating costs near $40,176 for a 1,500 sq ft footprint.

Ready to Find Your Perfect Business Location in Barranquilla?

Turn our 76 readiness score and timing signals into a shortlist of proven sites before competitors react.