Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Coworking Space Location in Sherbrooke

Marketlyzer calculates a 57/100 opportunity score for coworking spaces in Sherbrooke, supported by moderate competition and $42,000 average income, plus a 70/100 foot traffic index.

With a startup-to-income ratio of 6.8:1, Sherbrooke requires efficient operations to maximize Coworking Space profitability

57/100 opportunity score
227,000 metro residents
$42,000 average income
20/100 launch timing score
Cautious - High Preparation
Schedule Consultation
172K
City Population
$42K
Avg Income
Moderate
Business Density
5
Key Industries
Market Analysis

Coworking Space Opportunity Score

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

57 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate Opportunity

Financial Overview

Average Startup Cost
$285,000
Industry Success Rate
55%
Expected ROI Timeline
24-48 months
Customer Draw Radius
10,000m
Unique Market Intelligence

Sherbrooke Coworking Space Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Sherbrooke

With a startup-to-income ratio of 6.8:1, Sherbrooke requires efficient operations to maximize Coworking Space profitability

lower customer density of 11,350 per commercial dollar suggests premium positioning opportunities

The balanced Coworking Space market in Sherbrooke rewards innovation, with 70 foot traffic index

Competitive Market Position

How Sherbrooke ranks nationally for coworking spaces

Sherbrooke's 57.5/100 score indicates moderate opportunity, ranking in the 50th percentile for Coworking Space success factors

Strategic Recommendations

Actionable strategies tailored for Sherbrooke

📍 Location strategy: Moderate traffic (70) with affordable rent ($20/sqft) favors larger footprint strategy in Sherbrooke - consider 2,000+ sqft locations

💰 Pricing strategy: $42,000 average income indicates value-focused positioning - volume over margin approach recommended for Sherbrooke Coworking Spaces

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

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: 20/100
  • ⚖️ Moderate competition - balanced market entry

Seasonal Levers

  • New Year business launches
  • Remote work trends
  • Startup ecosystem growth

Coworking Space Market Analysis for Sherbrooke

Why Sherbrooke for Coworking Spaces?

  • Metro population of 227,000 provides large customer base
  • Average income of $42,000 supports coworking space spending
  • Moderate business density indicates healthy economic activity
  • Strong demographics opportunities throughout the city
  • Strong tech industry presence opportunities throughout the city

Coworking Space Success Factors

Demographics
Essential
Tech industry presence
Essential
Parking
Essential
Transit accessibility
Essential
Competition
Essential
Amenity infrastructure
Essential

Seasonal Considerations for Sherbrooke

New Year business launches

Remote work trends

Startup ecosystem growth

Best Sherbrooke Neighborhoods for Coworking Spaces

Data-driven analysis of optimal areas based on coworking space success factors

Downtown Sherbrooke

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

Sherbrooke vs Other Canada Cities for Coworking Spaces

City Population Avg Income Market Score Action
Sherbrooke ⭐ 227,000 $42,000
57/100
Current City
Toronto 6,712,000 $56,000
84/100
Compare →
Mississauga 6,712,000 $54,000
83/100
Compare →
Edmonton 1,418,000 $74,000
83/100
Compare →
Markham 6,712,000 $62,000
83/100
Compare →

Coworking Space FAQs for Sherbrooke

Why is now the right time to open in Sherbrooke?

Sherbrooke's 57.5/100 score indicates moderate opportunity, ranking in the 50th percentile for Coworking Space 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?

35% of households earn $75k+, sustaining premium spend for coworking spaces

What should my first location focus on?

📍 Location strategy: Moderate traffic (70) with affordable rent ($20/sqft) favors larger footprint strategy in Sherbrooke - consider 2,000+ sqft locations

How do local conditions impact operations?

New Year business launches

Ready to Open Your Coworking Space in Sherbrooke?

Cautious - High Preparation with a 57/100 opportunity score, moderate competition, and a 70/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.