Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Salon & Spa Location in Surrey

Marketlyzer calculates a 76/100 opportunity score for salon & spas in Surrey, supported by high competition and $47,000 average income, plus a 74/100 foot traffic index.

With a startup-to-income ratio of 3.3:1, Surrey requires efficient operations to maximize Salon & Spa profitability

76/100 opportunity score
2,732,000 metro residents
$47,000 average income
73/100 launch timing score
Good - Favorable Window
Schedule Consultation
568K
City Population
$47K
Avg Income
High
Business Density
5
Key Industries
Market Analysis

Salon & Spa Opportunity Score

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

76 / 100

Market Opportunity

Based on 7 comprehensive market factors

Strong Opportunity

Financial Overview

Average Startup Cost
$155,000
Industry Success Rate
47%
Expected ROI Timeline
12-30 months
Customer Draw Radius
8,000m
Unique Market Intelligence

Surrey Salon & Spa Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Surrey

With a startup-to-income ratio of 3.3:1, Surrey requires efficient operations to maximize Salon & Spa profitability

exceptional customer density of 105,077 residents per commercial dollar provides natural demand

The balanced Salon & Spa market in Surrey rewards innovation, with 74 foot traffic index

Demographics align with Salon & Spa success factors: 41% affluent households

Competitive Market Position

How Surrey ranks nationally for salon & spas

With a 76.1/100 opportunity score, Surrey outperforms 75% of comparable markets for Salon & Spa ventures

Strategic Recommendations

Actionable strategies tailored for Surrey

⏰ Market entry timing: Surrey's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

📍 Location strategy: Moderate traffic (74) with affordable rent ($26/sqft) favors larger footprint strategy in Surrey - consider 2,000+ sqft locations

💰 Pricing strategy: $47,000 average income indicates value-focused positioning - volume over margin approach recommended for Surrey Salon & Spas

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

🔄 Expansion runway: 2,732,000 market supports 2-3 locations - establish proof of concept before multi-unit expansion in Surrey

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.

Timing score: 73/100
  • 🚀 Very high growth trajectory - first-mover advantage available
  • ⚖️ Moderate competition - balanced market entry
  • 🚶 Good foot traffic (74) - organic visibility

Seasonal Levers

  • Wedding season
  • Holiday preparations
  • Summer treatments

Salon & Spa Market Analysis for Surrey

Why Surrey for Salon & Spas?

  • Metro population of 2,732,000 provides large customer base
  • Average income of $47,000 supports salon & spa spending
  • High business density indicates healthy economic activity
  • Strong demographics opportunities throughout the city
  • Strong income levels opportunities throughout the city

Salon & Spa Success Factors

Demographics
Essential
Income levels
Essential
Parking
Essential
Competition
Essential
Ambiance potential
Essential
Repeat customer base
Essential

Salon & Spa Market Insights for Surrey

High-income demographics ideal for premium services and luxury retail

Seasonal Considerations for Surrey

Wedding season

Holiday preparations

Summer treatments

Best Surrey Neighborhoods for Salon & Spas

Data-driven analysis of optimal areas based on salon & spa success factors

Downtown Surrey

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

Surrey vs Other Canada Cities for Salon & Spas

City Population Avg Income Market Score Action
Surrey ⭐ 2,732,000 $47,000
76/100
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 →

Salon & Spa FAQs for Surrey

Why is now the right time to open in Surrey?

With a 76.1/100 opportunity score, Surrey outperforms 75% of comparable markets for Salon & Spa ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Which customers convert best?

High-income demographics ideal for premium services and luxury retail

What should my first location focus on?

⏰ Market entry timing: Surrey's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

How do local conditions impact operations?

Wedding season

Ready to Open Your Salon & Spa in Surrey?

Good - Favorable Window with a 76/100 opportunity score, high competition, and a 74/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.