Nazar Market

Retail · Denver, CO

Business Summary

Nazar Market is a retail business at 1842, South Parker Road, Denver, CO, 80231. Located in Denver's Denver area with moderate foot traffic, it serves local residents and commuters in a urban commercial setting.

Location & Competitors

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Neighborhood
urban commercial
Foot Traffic
moderate
Parking
street and lot parking
Transit Access
RTD bus service
Nearby Landmarks
local shopping centers

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
King Fashion
0.64km
32/100
Weak
Medium
Desi Ja TV Service
0.64km
36/100
Weak
Medium
Instamart.com
1.13km
30/100
Weak
Low
Diyar International Market
1.13km
28/100
Weak
Low

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$300K-700K/year
Price Range$$
Est. Employees1-3
Growth Potentialmoderate-high

Market Analysis

Market Size$5-10M in 3-mile radius
Target Demographicsvalue seekers, multicultural communities

Consumer Trends

growth in convenience-format retailincreasing preference for local/independent shopsdemand for ethnic and specialty products

Opportunities

  • social media presence for local discovery
  • loyalty program to increase repeat visits

SWOT Analysis

Strengths

Internal advantages

  • competitive pricing
  • extended operating hours
  • established neighborhood presence

Weaknesses

Areas for improvement

  • no delivery or curbside pickup
  • competition from major chains nearby

Opportunities

External potential

  • partnership with delivery platforms
  • growing Denver population drives demand

Threats

External risks

  • rising commercial rent in Denver
  • economic downturn reducing discretionary spending

Strategic Recommendations

Quick Wins

Implement this week

claim and optimize Google Business Profile

add store to Apple Maps and Yelp

Growth Strategies

1-3 months

host community events to drive foot traffic

negotiate better supplier terms for margin improvement

Risks to Monitor

Ongoing vigilance

lease renewal at higher rate

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Pop-Up Retail Collective

Shared retail space near Nazar Market where rotating vendors test products, driving cross-traffic for established stores.

2

Neighborhood Marketplace App

Digital platform connecting Denver residents with local retailers like Nazar Market for deals, events, and community commerce.

Digital Score

44/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$300K-700K/year
Digital Score44/100

Contact Info

1842, South Parker Road, Denver, CO, 80231, 80231

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