Stuart Electronics

Retail · New York, NY

Business Summary

Located in 79-12 Parsons Boulevard, New York, NY, 11367, Stuart Electronics operates in the competitive New York retail market. The business scores 47/100 on digital readiness, indicating opportunities for digital improvement. Stable market trends and moderate foot traffic support a positive outlook.

Location & Competitors

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Neighborhood
urban-core
Foot Traffic
moderate
Parking
metered street parking
Transit Access
excellent - multiple subway lines

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Gree Commercial Wholesale Inc
0.16km
66/100
Average
High
Union Convenience Store
0.48km
59/100
Average
High
Len Harris
0.64km
63/100
Average
High
Olive Deli & Cafe
0.64km
56/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$911,984
Industry Margin9%
Entry Cost$153,000

Market Analysis

Market Size$493M in the local area
Trendstable
Seasonalityholiday peaks

Consumer Trends

experience-seeking, brand-loyal

SWOT Analysis

Strengths

Internal advantages

  • Established local presence
  • Foot traffic from nearby businesses

Weaknesses

Areas for improvement

  • Thin margins
  • Inventory management challenges
  • Limited parking

Opportunities

External potential

  • Online ordering and delivery
  • Partnership with local restaurants

Threats

External risks

  • E-commerce growth
  • Economic downturns
  • Supply chain disruptions

Strategic Recommendations

Quick Wins

Implement this week

Start Instagram presence

Add contactless payment options

Implement a simple loyalty punch card

Growth Strategies

1-3 months

Develop e-commerce website

Create subscription boxes

Risks to Monitor

Ongoing vigilance

Major competitor opening nearby

Lease renewal at higher rates

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Pop-Up Shop Marketplace

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

2

Retail Analytics Dashboard

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

3

Community Commerce App

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

Digital Score

47/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendstable
Digital Score47/100

Contact Info

79-12 Parsons Boulevard, New York, NY, 11367, 11367

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