Ten Ichi Mart & Deli

Retail · New York, NY

Business Summary

Ten Ichi Mart & Deli is a retail business located at 178 5th Avenue, New York, NY, 10010. Positioned in a suburban commercial strip area of the New York City metro near Flushing Meadows, the business operates in one of the densest retail markets in the US. The local retail landscape is shaped by health-conscious product demand and plant-based product expansion, creating both challenges and opportunities for independent operators.

Location & Competitors

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Neighborhood
suburban commercial strip
Foot Traffic
high
Parking
street parking only
Transit Access
near bus routes
Nearby Landmarks
Dollar TreeStop & ShopAssociated Supermarket

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Food Universe
New York, NY
0.60km
73/100
Strong
High
Cherry Valley
New York, NY
0.80km
23/100
Weak
Low
ALDI
New York, NY
1.10km
28/100
Weak
Low

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$2110K-$5256K
Industry Margin2-5%
Entry Cost$80K-$600K

Market Analysis

Market Size$62B
Trendstable with digital shift
SeasonalityPeak during holidays, back-to-school, and summer tourism

Consumer Trends

health-conscious product demandplant-based product expansionsustainable packaging movement

SWOT Analysis

Strengths

Internal advantages

  • Established presence in NYC retail market
  • Located in suburban commercial strip area with steady foot traffic
  • Proximity to Flushing Meadows provides brand visibility

Weaknesses

Areas for improvement

  • Limited digital presence (score: 64/100)
  • Thin margins typical of independent retail
  • High operating costs in NYC metro area

Opportunities

External potential

  • Expanding into online ordering and delivery services
  • Growing demand for sustainable packaging movement products
  • Partnership opportunities with local food delivery platforms

Threats

External risks

  • E-commerce competition eroding walk-in traffic
  • Rising rent and labor costs across NYC
  • Large chain retailers expanding into neighborhood markets

Strategic Recommendations

Quick Wins

Implement this week

Set up Google Shopping for local inventory

Launch Instagram showcasing products and specials

Optimize Google Business Profile with photos and hours

Growth Strategies

1-3 months

Launch delivery service through DoorDash or Instacart

Build partnerships with local offices for snack supply

Create subscription boxes for regular customers

Risks to Monitor

Ongoing vigilance

Supply chain disruptions affecting inventory

Labor shortages and minimum wage increases

Competition from e-commerce and delivery apps

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Retail Co-op Buying Platform

Cooperative purchasing marketplace helping independent NYC retailers negotiate bulk pricing from distributors.

2

Local Storefront Marketplace

Online marketplace aggregating products from neighborhood retailers for unified local shopping.

3

NYC Neighborhood Delivery Network

Hyperlocal delivery platform connecting independent retailers with nearby residents for same-day essentials.

Digital Score

64/ 100
Good

Quick Stats

Competitors3
Est. Revenue$806-1630K
Market Trendstable with digital shift
Digital Score64/100

Contact Info

178 5th Avenue, New York, NY, 10010, 10010
Used by 200+ businesses

What Top Competitors Already Know

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

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