Madrag

Retail · New York, NY

Business Summary

Madrag is a retail business located at 163-33 Jamaica Avenue, Jamaica, NY, 11432. Situated in Midtown Manhattan, it benefits from high foot traffic and proximity to Times Square attractions. With a digital score of 84/100, there is moderate opportunity to enhance its online presence and capture more customers.

Location & Competitors

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Neighborhood
Midtown Manhattan
Foot Traffic
high
Parking
garages available, expensive
Transit Access
Multiple subway lines
Nearby Landmarks
Times Square attractionsBryant Parkmajor office buildings

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Danice
0m
60/100
Average
High
Rattan's
0m
46/100
Average
Medium
J&M
0m
60/100
Average
High
V.I.M.
0m
50/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$100K-$400K
Industry Margin3-5%
Entry Cost$50K-$200K

Market Analysis

Market Size$5.7T US retail market
Trendbuy-online-pickup-in-store
Seasonalitylow — consistent demand throughout the year

Consumer Trends

shift to online shoppingdemand for unique local products

SWOT Analysis

Strengths

Internal advantages

  • diverse product mix
  • foot traffic from nearby anchors
  • local customer loyalty

Weaknesses

Areas for improvement

  • limited marketing budget
  • limited online presence
  • small physical footprint

Opportunities

External potential

  • develop loyalty programs
  • introduce delivery/pickup options
  • expand digital/online presence

Threats

External risks

  • new competitors entering the area
  • supply chain disruptions
  • rising commercial rents

Strategic Recommendations

Quick Wins

Implement this week

Set up Instagram and Facebook pages

Claim and optimize Google Business Profile

Start collecting customer emails for newsletters

Growth Strategies

1-3 months

Build a customer loyalty/rewards program

Explore catering/wholesale/B2B channels

Expand product/service offerings based on demand

Risks to Monitor

Ongoing vigilance

Single-location vulnerability

Lease renewal at higher rates

Over-reliance on foot traffic without digital presence

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Online Retail marketplace for Midtown Manhattan

A hyperlocal e-commerce platform connecting Midtown Manhattan retail businesses with nearby customers for same-day delivery.

2

Midtown Manhattan business collective

A cooperative marketing and purchasing collective for independent Midtown Manhattan businesses to compete with chains.

3

AI-powered inventory for small retail

Smart inventory management tool designed for independent retail businesses to reduce waste and optimize stock.

Digital Score

84/ 100
Excellent

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendbuy-online-pickup-in-store
Digital Score84/100

Contact Info

163-33 Jamaica Avenue, Jamaica, NY, 11432, 11432
Used by 200+ businesses

What Top Competitors Already Know

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

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