Cherry Hill Gourmet Market

Retail · New York, NY

Business Summary

Cherry Hill Gourmet Market is a retail business located at 2284 86th Street, New York, NY, 11214. With a digital score of 73/100, there is significant room for improving online presence and customer engagement. The very high foot traffic area and suburban setting provide a solid foundation for growth.

Location & Competitors

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Neighborhood
suburban
Foot Traffic
very high
Parking
metered street parking
Transit Access
moderate - bus access

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Vucciria Food & Gourmet
0m
47/100
Average
Medium
J Village Market
0.16km
15/100
Weak
Low
86 Brooklyn Grocery Inc.
0.32km
61/100
Average
High
86th Street Grocery & Snacks
0.32km
43/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$1,039,098
Industry Margin7%
Entry Cost$457,000

Market Analysis

Market Size$64M in the local area
Trendgrowing
Seasonalitysummer peak

Consumer Trends

eco-aware, convenience-driven

SWOT Analysis

Strengths

Internal advantages

  • Loyal neighborhood customer base
  • Convenient location

Weaknesses

Areas for improvement

  • Limited parking
  • Inventory management challenges

Opportunities

External potential

  • Online ordering and delivery
  • Social media marketing
  • Partnership with local restaurants

Threats

External risks

  • E-commerce growth
  • Changing consumer preferences
  • Supply chain disruptions

Strategic Recommendations

Quick Wins

Implement this week

Start Instagram presence

Implement a simple loyalty punch card

Growth Strategies

1-3 months

Expand product lines based on demand data

Create subscription boxes

Risks to Monitor

Ongoing vigilance

Shift to remote work reducing foot traffic

Lease renewal at higher rates

Major competitor opening nearby

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Community Commerce App

Neighborhood-focused shopping app aggregating local store inventories for easy discovery.

2

Pop-Up Shop Marketplace

Platform matching empty retail spaces with short-term vendors and brands.

3

Retail Analytics Dashboard

Affordable foot traffic and sales analytics tool designed for independent retailers.

Digital Score

73/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendgrowing
Digital Score73/100

Contact Info

2284 86th Street, New York, NY, 11214, 11214
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