Rashed Gourmet Deli

Retail · New York, NY

Business Summary

Rashed Gourmet Deli is a retail business located at 784 Marcy Avenue, New York, NY, 11216. Situated in a upscale retail corridor area near Times Square, this business serves the densely populated NYC metro market. The local retail landscape is highly competitive, driven by diverse demographics, foot traffic, and neighborhood loyalty.

Location & Competitors

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Neighborhood
upscale retail corridor
Foot Traffic
high
Parking
garage parking nearby
Transit Access
near subway station
Nearby Landmarks
Duane ReadeTJ MaxxAssociated Supermarket

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Pioneer Supermarket
New York, NY
0.70km
43/100
Weak
Medium
C-Town
New York, NY
0.90km
29/100
Weak
Low
Western Beef
New York, NY
1.10km
76/100
Strong
High

Competitive Summary

Showing 3 of 3 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Estimated Value$1053K-$3386K
Industry Margin2-8%
Entry Cost$80K-$500K

Market Analysis

Market Size$85B
Trendstable with pockets of growth
SeasonalityHoliday peaks, back-to-school surges, summer slowdowns in some categories

Consumer Trends

same-day delivery demandconvenience-first formatscontactless shopping

SWOT Analysis

Strengths

Internal advantages

  • Established presence in NYC retail market
  • Strategic location in upscale retail corridor setting near Times Square
  • Strong neighborhood customer base and foot traffic

Weaknesses

Areas for improvement

  • Limited digital presence (score: 62/100)
  • Thin retail margins under competitive pressure
  • High operating costs typical of NYC businesses

Opportunities

External potential

  • Growing demand for local delivery and online ordering
  • Expanding product mix to capture underserved niches
  • Digital marketing to reach new neighborhood residents

Threats

External risks

  • Large chain expansion squeezing independents
  • Rising rents threatening profitability
  • Shift to e-commerce reducing in-store visits

Strategic Recommendations

Quick Wins

Implement this week

Launch Instagram showcasing products and deals

List on Yelp and encourage customer reviews

Implement a simple POS system for inventory tracking

Growth Strategies

1-3 months

Open a second location in adjacent neighborhood

Launch catering or bulk order services

Create private-label house brand products

Risks to Monitor

Ongoing vigilance

Online retail shift reducing foot traffic

Competition from large chain retailers

Supply chain disruptions affecting inventory

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Indie Retail Co-op Platform

Cooperative buying and marketing platform for independent NYC retailers to compete with chains.

2

Local Loyalty Network

Shared loyalty rewards program across independent NYC shops in the same neighborhood.

3

NYC Neighborhood Delivery Network

Hyperlocal same-day delivery platform connecting independent shops with nearby customers.

Digital Score

62/ 100
Good

Quick Stats

Competitors3
Est. Revenue$603-1076K
Market Trendstable with pockets of growth
Digital Score62/100

Contact Info

784 Marcy Avenue, New York, NY, 11216, 11216
Used by 200+ businesses

What Top Competitors Already Know

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

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