Best Liquor Store Location in Cartagena
Marketlyzer calculates a 73/100 opportunity score for liquor stores in Cartagena, supported by very high competition and $6,800 average income, plus a 86/100 foot traffic index.
With a startup-to-income ratio of 27.2:1, Cartagena requires efficient operations to maximize Liquor Store profitability
Liquor Store Opportunity Score
Data-driven potential for success in Cartagena based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Cartagena Liquor Store Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Cartagena
With a startup-to-income ratio of 27.2:1, Cartagena requires efficient operations to maximize Liquor Store profitability
The competitive Liquor Store market in Cartagena favors established concepts, with 86 foot traffic index
Competitive Market Position
How Cartagena ranks nationally for liquor stores
With a 73.9/100 opportunity score, Cartagena outperforms 75% of comparable markets for Liquor Store ventures
Above-average foot traffic (86 index) creates consistent customer flow for street-level Liquor Store locations
Strategic Recommendations
Actionable strategies tailored for Cartagena
⏰ Market entry timing: Cartagena's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates
💰 Pricing strategy: $6,800 average income indicates value-focused positioning - volume over margin approach recommended for Cartagena Liquor Stores
📢 Marketing focus: High foot traffic environment favors storefront visibility and local SEO over paid advertising for Cartagena Liquor Stores
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Good - Favorable Window
Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
- 🚀 Very high growth trajectory - first-mover advantage available
- 🔥 High competition - differentiation critical
- 👥 Exceptional foot traffic (86) - strong discovery
Seasonal Levers
- Holiday season
- Summer events
- Special occasions
Liquor Store Market Analysis for Cartagena
Why Cartagena for Liquor Stores?
- Metro population of 1,029,000 provides large customer base
- Average income of $6,800 supports liquor store spending
- Very High business density indicates healthy economic activity
- Strong demographics opportunities throughout the city
- Strong income levels opportunities throughout the city
Liquor Store Success Factors
Seasonal Considerations for Cartagena
Holiday season
Summer events
Special occasions
Best Cartagena Neighborhoods for Liquor Stores
Data-driven analysis of optimal areas based on liquor store success factors
Downtown Cartagena
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaCartagena vs Other Colombia Cities for Liquor Stores
Liquor Store FAQs for Cartagena
Why is now the right time to open in Cartagena?
With a 73.9/100 opportunity score, Cartagena outperforms 75% of comparable markets for Liquor Store ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
Which customers convert best?
8% of households earn $75k+, sustaining premium spend for liquor stores
What should my first location focus on?
⏰ Market entry timing: Cartagena's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates
How do local conditions impact operations?
Holiday season
Ready to Open Your Liquor Store in Cartagena?
Good - Favorable Window with a 73/100 opportunity score, very high competition, and a 86/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.