Eliot Convenience & Grocery

Retail · New York, NY

Business Summary

Eliot Convenience & Grocery is a retail business located at 71-19 Eliot Avenue, New York, NY. Situated in a mixed-use commercial area of New York City, this grocery and essentials establishment serves the local community. The local retail market shows steady demand driven by population density and neighborhood foot traffic.

Location & Competitors

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Neighborhood
mixed-use commercial
Foot Traffic
low-to-moderate
Parking
metered street parking
Transit Access
subway and bus access
Nearby Landmarks
McDonald'sDunkin'Starbucks

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Borough Essentials
New York, NY
0.70km
50/100
Average
Medium
Quick Stop Market
New York, NY
0.90km
33/100
Weak
Medium
Neighborhood Mart
New York, NY
2.40km
44/100
Weak
Low

Competitive Summary

Showing 3 of 3 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Estimated Value$548K-$2820K
Industry Margin4-10%
Entry Cost$97K-$464K

Market Analysis

Market Size$4.2B
Trendgrowing
SeasonalitySteady year-round with holiday spikes

Consumer Trends

specialty product demandexperiential retailsustainability focus

SWOT Analysis

Strengths

Internal advantages

  • Established grocery and essentials presence in mixed-use commercial neighborhood
  • Serves essential local demand for grocery and essentials
  • Strategic New York City location with urban density advantages

Weaknesses

Areas for improvement

  • Limited digital presence (score: 32/100)
  • Competitive retail landscape in NYC
  • High operating costs including rent and labor

Opportunities

External potential

  • Expand online ordering and delivery options
  • Growing demand for grocery and essentials in urban neighborhoods
  • Leverage social media for local customer acquisition

Threats

External risks

  • Rising commercial rents in New York City
  • Competition from larger chains and e-commerce
  • Economic fluctuations affecting consumer spending

Strategic Recommendations

Quick Wins

Implement this week

Create Google Business Profile and collect reviews

Launch social media presence on Instagram

Implement a simple loyalty/rewards program

Growth Strategies

1-3 months

Risks to Monitor

Ongoing vigilance

Digital Score

32/ 100
Poor

Quick Stats

Competitors3
Est. Revenue$274-564K
Market Trendgrowing
Digital Score32/100

Contact Info

71-19 Eliot Avenue, New York, NY
Used by 200+ businesses

What Top Competitors Already Know

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

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