Snapshot Assessment

Using our phone discovery process as well as an onsite visit, we can write a Snapshot Market Report detailing our findings and provide you with a more in-depth analysis if you’d like.  Here we dig deeper and pull external data about your area to learn more and provide additional foundational discoveries and information about the viability of your project.  This is meant for those who need more than the “gut-check” and require something written for their investors, their banker, and/or their landlord.

Market Research

•Gather area demographic data and existing market information

•Obtain current statistics and information regarding the residents and/or visitors

•Identify any competitors in the marketplace that could affect sales

Market Analysis

•Review and analyze population reports, visitor statistics and other data pertinent to determine the size of the market for the project

•Dig deeper into the competitors and provide a SWOT analysis of their strengths and weaknesses, the opportunities you can capitalize on and any threats the competition poses

•Identify the social economic lifestyle group for the targeted area and provide a brief analysis of their particulars to help understand the types of people surrounding the proposed site area

Site Analysis

•Review and analyze proposed sites for the business

•Identify area compatibility and traffic counts based on the proximity of restaurants, retail and other recreation

•Suggest lease points to include or consider before signing a landlord lease for the chosen space

Attraction Analysis

•Review the desired attractions for the project

•Make recommendations for alternative attractions as necessary

•Provide revenue figures for industry utilization standards for the attractions

Food and Beverage Analysis

•Review the desired F & B for the project

•Make recommendations for alternative F & B as necessary

•Provide revenue figures for industry utilization standards for the  F & B

Additionally, we have partners that can do full feasibility studies along with business plan preparation and more should this be something you require beyond our Snapshot Market Report.

For more information, call us at 317-834-4770 or visit our Contact Page. We're here to help.