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• This photo shows recently purchased homes above $500 thousand dollars in the immediate area of the proposed location of the spa. The amount of homes sold proves that there is an abundance of affluence in the area we are targeting.
• Location: Downtown Lake Oswego
• Reasons why to choose this location:
  • Located on A street which is the main street that goes though this unique and beautiful city.
  • It is located in between the 3 main freeways/highways in that area. It is 10 minutes off both 217 and I-5 and 15 minutes off of I-205.
  • It is also located in between Lake Oswego Country Club, Lake Oswego High School, and Marylhurst University.
  • This location is surrounded by communities that offer homes well above half a million dollars. Including retirement homes which would be a community in which would enjoy going to a spa.
  • There is a very popular location to have wedding receptions. Not sure what bridesmaids do before the reception but feel like a spa isn’t a bad guess. It is less than 5 blocks away from the location we would hold our spa.
  • There is 29 businesses located in that area which have about 100-500 employees which is an added benefit to where our spa is located.

Additionally, by looking at customer potentials, household income in city of Lake Oswego shows about half of households have over $100,000 or more yearly income, which tends to be a potentially profitable market. And median age in this city is around 45, people around this age might be a group going to spa very often.