Best Thrift Store Location in Surabaya
Marketlyzer calculates a 79/100 opportunity score for thrift stores in Surabaya, supported by very high competition and $4,600 average income, plus a 88/100 foot traffic index.
With a startup-to-income ratio of 20.7:1, Surabaya requires efficient operations to maximize Thrift Store profitability
Thrift Store Opportunity Score
Data-driven potential for success in Surabaya based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Surabaya Thrift Store Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Surabaya
With a startup-to-income ratio of 20.7:1, Surabaya requires efficient operations to maximize Thrift Store profitability
exceptional customer density of 334,750 residents per commercial dollar provides natural demand
The competitive Thrift Store market in Surabaya favors established concepts, with 88 foot traffic index
Combining Indonesia's 5.0% business growth with Surabaya's very high expansion trajectory creates 7.5% projected market expansion for new Thrift Stores
Competitive Market Position
How Surabaya ranks nationally for thrift stores
With a 79.2/100 opportunity score, Surabaya outperforms 75% of comparable markets for Thrift Store ventures
The 9,373,000 metro market places Surabaya among the top 50 largest consumer markets globally
Above-average foot traffic (88 index) creates consistent customer flow for street-level Thrift Store locations
Strategic Recommendations
Actionable strategies tailored for Surabaya
⏰ Market entry timing: Surabaya's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates
💰 Pricing strategy: $4,600 average income indicates value-focused positioning - volume over margin approach recommended for Surabaya Thrift Stores
📢 Marketing focus: High foot traffic environment favors storefront visibility and local SEO over paid advertising for Surabaya Thrift Stores
🔄 Multi-location potential: 9,373,000 metro population supports 3-5 locations within 24 months of successful launch in Surabaya
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 (88) - strong discovery
Seasonal Levers
- Back-to-school shopping
- Holiday treasure hunting
- Spring cleaning donations
Thrift Store Market Analysis for Surabaya
Why Surabaya for Thrift Stores?
- Metro population of 9,373,000 provides large customer base
- Average income of $4,600 supports thrift store spending
- Very High business density indicates healthy economic activity
- Strong demographics opportunities throughout the city
- Strong foot traffic opportunities throughout the city
Thrift Store Success Factors
Seasonal Considerations for Surabaya
Back-to-school shopping
Holiday treasure hunting
Spring cleaning donations
Best Surabaya Neighborhoods for Thrift Stores
Data-driven analysis of optimal areas based on thrift store success factors
Downtown Surabaya
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaSurabaya vs Other Indonesia Cities for Thrift Stores
Thrift Store FAQs for Surabaya
Why is now the right time to open in Surabaya?
With a 79.2/100 opportunity score, Surabaya outperforms 75% of comparable markets for Thrift Store ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
Which customers convert best?
6% of households earn $75k+, sustaining premium spend for thrift stores
What should my first location focus on?
⏰ Market entry timing: Surabaya's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates
How do local conditions impact operations?
Back-to-school shopping
Ready to Open Your Thrift Store in Surabaya?
Good - Favorable Window with a 79/100 opportunity score, very high competition, and a 88/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.