Are you looking to open a new location for your business? Before selecting furniture and carpet color, you need to make sure that your new site is close to existing customers as well as your ideal prospects. At Syntropy Group, we’ve proven that there is a science behind new site selection. If you have some ideas in mind, can help you decide what location will be the best bet for your business.
When working with you on a Site Selection Analysis, we will examine:
Are you looking to open a new location for your business? Before selecting furniture and carpet color, you need to make sure that your new site is close to existing customers as well as your ideal prospects. At Syntropy Group, we’ve proven that there is a science behind new site selection. If you have some ideas in mind, can help you decide what location will be the best bet for your business.
When working with you on a Site Selection Analysis, we will examine:
Your Current Customers & Locations
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- With what customer ages and household incomes is your business successful?
- What is the average travel time to work?
- What is your customer penetration in each market?
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Drive Time
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- How far will your existing customers need to drive to reach your proposed new locations?
- How many prospects will be in a 5 minute driving distance? 10 minutes?
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Population Growth
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- What is the population projection in the area surrounding your proposed new locations?
- Is growth expected, or will prospects move out of the area in coming years?
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Competitors
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- What and how many competitors are near your proposed new sites?
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At the conclusion of your analysis, Syntropy will supply you with a scorecard ranking your proposed new locations. Are you ready to expand? Reach out to us today at growth@syntropygroup.com.