242 Deli & Grocery

Retail · New York, NY

Business Summary

242 Deli & Grocery is a neighborhood deli and grocery located in New York, serving the local community with everyday essentials and prepared foods. The business benefits from steady foot traffic and repeat customers in a densely populated area. With modest digital presence, there is significant room to grow through online ordering and delivery partnerships.

Location & Competitors

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Neighborhood
neighborhood commercial strip
Foot Traffic
high
Parking
some metered parking
Transit Access
good — subway within 5 min walk

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
P.O. Joe's Cop Shop
0.16km
47/100
Average
Medium
Jonaki
0.48km
49/100
Average
Medium
Food store
0.48km
70/100
Strong
High
Bonoful Grocery
0.48km
34/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$260K
Industry Margin4%
Entry Cost$174K

Market Analysis

Market Size$2-5M local market
Trendgrowing — demand for quick-service food rising
Seasonalitymoderate — summer sees more foot traffic; winter relies on regulars

Consumer Trends

growing demand for healthier deli options and organic ingredients

SWOT Analysis

Strengths

Internal advantages

  • long operating hours
  • high-traffic location
  • established local customer base

Weaknesses

Areas for improvement

  • thin profit margins
  • dependency on walk-in traffic
  • limited digital presence

Opportunities

External potential

  • add online ordering system
  • expand catering services
  • introduce loyalty program

Threats

External risks

  • changing neighborhood demographics
  • competition from chain convenience stores
  • food cost inflation

Strategic Recommendations

Quick Wins

Implement this week

add daily specials board visible from street

create a simple loyalty punch card

Growth Strategies

1-3 months

partner with local breweries for craft beer selection

develop catering service for local offices

Risks to Monitor

Ongoing vigilance

food supply chain disruptions

rent increase at lease renewal

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Local Pantry Box

Curate and deliver boxes of 242 Deli & Grocery's best-selling grocery and deli items to nearby residents on a subscription basis.

2

Neighborhood Meal Prep Service

Leverage 242 Deli & Grocery's food prep capabilities to offer weekly meal prep subscriptions for health-conscious locals.

Digital Score

42/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendgrowing — demand for quick-service food rising
Digital Score42/100

Contact Info

23-02 36th Avenue, New York, NY, 11106, 11106
Used by 200+ businesses

What Top Competitors Already Know

See exactly how 242 Deli & Grocery stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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