Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Sporting Goods Store Location in Akron

Marketlyzer calculates a 63/100 opportunity score for sporting goods stores in Akron, supported by moderate competition and $46,000 average income, plus a 64/100 foot traffic index.

With a startup-to-income ratio of 5.8:1, Akron requires efficient operations to maximize Sporting Goods Store profitability

63/100 opportunity score
703,000 metro residents
$46,000 average income
25/100 launch timing score
Cautious - High Preparation
Schedule Consultation
190K
City Population
$46K
Avg Income
Moderate
Business Density
5
Key Industries
Market Analysis

Sporting Goods Store Opportunity Score

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

63 / 100

Market Opportunity

Based on 7 comprehensive market factors

Moderate Opportunity

Financial Overview

Average Startup Cost
$265,000
Industry Success Rate
51%
Expected ROI Timeline
24-48 months
Customer Draw Radius
20,000m
Unique Market Intelligence

Akron Sporting Goods Store Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Akron

With a startup-to-income ratio of 5.8:1, Akron requires efficient operations to maximize Sporting Goods Store profitability

The emerging Sporting Goods Store market in Akron ideal for market leaders, with 64 foot traffic index

Competitive Market Position

How Akron ranks nationally for sporting goods stores

Akron's 63.6/100 score indicates moderate opportunity, ranking in the 50th percentile for Sporting Goods Store success factors

Strategic Recommendations

Actionable strategies tailored for Akron

📍 Location strategy: Moderate traffic (64) with affordable rent ($16/sqft) favors larger footprint strategy in Akron - consider 2,000+ sqft locations

💰 Pricing strategy: $46,000 average income indicates value-focused positioning - volume over margin approach recommended for Akron Sporting Goods Stores

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

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: 25/100
  • 🎯 Low competition - market leadership opportunity

Seasonal Levers

  • Back-to-school sports
  • Winter sports season
  • Summer outdoor activities

Sporting Goods Store Market Analysis for Akron

Why Akron for Sporting Goods Stores?

  • Metro population of 703,000 provides large customer base
  • Average income of $46,000 supports sporting goods store spending
  • Moderate business density indicates healthy economic activity
  • Strong demographics opportunities throughout the city
  • Strong sports culture opportunities throughout the city

Sporting Goods Store Success Factors

Demographics
Essential
Sports culture
Essential
Parking
Essential
Competition
Essential
Store size requirements
Essential
Seasonal sports calendar
Essential

Seasonal Considerations for Akron

Back-to-school sports

Winter sports season

Summer outdoor activities

Best Akron Neighborhoods for Sporting Goods Stores

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

Downtown Akron

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

Akron vs Other United States Cities for Sporting Goods Stores

City Population Avg Income Market Score Action
Akron ⭐ 703,000 $46,000
63/100
Current City
Atlanta 6,307,000 $71,000
90/100
Compare →
New York 19,500,000 $79,000
87/100
Compare →
Dallas 7,760,000 $66,000
86/100
Compare →
Raleigh 1,468,000 $72,000
85/100
Compare →

Sporting Goods Store FAQs for Akron

Why is now the right time to open in Akron?

Akron's 63.6/100 score indicates moderate opportunity, ranking in the 50th percentile for Sporting Goods 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?

21% of households earn $75k+, sustaining premium spend for sporting goods stores

What should my first location focus on?

📍 Location strategy: Moderate traffic (64) with affordable rent ($16/sqft) favors larger footprint strategy in Akron - consider 2,000+ sqft locations

How do local conditions impact operations?

Back-to-school sports

Ready to Open Your Sporting Goods Store in Akron?

Cautious - High Preparation with a 63/100 opportunity score, moderate competition, and a 64/100 foot traffic index. Challenging market conditions. Extensive market research and unique value proposition essential. Consider waiting 6-12 months or targeting niche segments.