Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Hardware Store Location in Bath

Marketlyzer calculates a 56/100 opportunity score for hardware stores in Bath, supported by moderate competition and $36,000 average income, plus a 92/100 foot traffic index.

With a startup-to-income ratio of 7.4:1, Bath requires efficient operations to maximize Hardware Store profitability

56/100 opportunity score
195,000 metro residents
$36,000 average income
37/100 launch timing score
Cautious - High Preparation
Schedule Consultation
94K
City Population
$36K
Avg Income
Moderate
Business Density
5
Key Industries
Market Analysis

Hardware Store Opportunity Score

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

56 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate Opportunity

Financial Overview

Average Startup Cost
$265,000
Industry Success Rate
55%
Expected ROI Timeline
24-48 months
Customer Draw Radius
15,000m
Unique Market Intelligence

Bath Hardware Store Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Bath

With a startup-to-income ratio of 7.4:1, Bath requires efficient operations to maximize Hardware Store profitability

lower customer density of 4,333 per commercial dollar suggests premium positioning opportunities

The competitive Hardware Store market in Bath favors established concepts, with 92 foot traffic index

Competitive Market Position

How Bath ranks nationally for hardware stores

Bath's 56.8/100 score indicates moderate opportunity, ranking in the 50th percentile for Hardware Store success factors

Foot traffic index of 92 exceeds 95% of tracked cities, providing Hardware Stores with natural customer discovery advantages

Strategic Recommendations

Actionable strategies tailored for Bath

💰 Pricing strategy: $36,000 average income indicates value-focused positioning - volume over margin approach recommended for Bath Hardware Stores

👥 Staffing advantage: 52% college-educated population provides strong talent pool - hire locally for Bath Hardware Store operations

📢 Marketing focus: High foot traffic environment favors storefront visibility and local SEO over paid advertising for Bath Hardware Stores

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: 37/100
  • 🔥 High competition - differentiation critical
  • 👥 Exceptional foot traffic (92) - strong discovery

Seasonal Levers

  • Spring home projects
  • Summer outdoor work
  • Fall winterization

Hardware Store Market Analysis for Bath

Why Bath for Hardware Stores?

  • Metro population of 195,000 provides large customer base
  • Average income of $36,000 supports hardware store spending
  • Moderate business density indicates healthy economic activity
  • Strong homeowner density opportunities throughout the city
  • Strong demographics opportunities throughout the city

Hardware Store Success Factors

Homeowner density
Essential
Demographics
Essential
Parking
Essential
Competition
Essential
Contractor base
Essential
Store size requirements
Essential

Seasonal Considerations for Bath

Spring home projects

Summer outdoor work

Fall winterization

Best Bath Neighborhoods for Hardware Stores

Data-driven analysis of optimal areas based on hardware store success factors

Downtown Bath

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

Bath vs Other United Kingdom Cities for Hardware Stores

City Population Avg Income Market Score Action
Bath ⭐ 195,000 $36,000
56/100
Current City
London 14,600,000 $56,000
81/100
Compare →
Leeds 3,036,000 $38,000
74/100
Compare →
Manchester 2,850,000 $38,000
73/100
Compare →
Edinburgh 1,028,000 $38,000
72/100
Compare →

Hardware Store FAQs for Bath

Why is now the right time to open in Bath?

Bath's 56.8/100 score indicates moderate opportunity, ranking in the 50th percentile for Hardware Store 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?

29% of households earn $75k+, sustaining premium spend for hardware stores

What should my first location focus on?

💰 Pricing strategy: $36,000 average income indicates value-focused positioning - volume over margin approach recommended for Bath Hardware Stores

How do local conditions impact operations?

Spring home projects

Ready to Open Your Hardware Store in Bath?

Cautious - High Preparation with a 56/100 opportunity score, moderate competition, and a 92/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.