Versailles

Retail · New York, NY

Business Summary

Versailles serves the 1138 Nostrand Avenue area as a retail establishment. With very high foot traffic and excellent - multiple subway lines, the location benefits from strong accessibility. A digital score of 68 suggests good online capabilities with room to grow.

Location & Competitors

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Neighborhood
arts-district
Foot Traffic
very high
Parking
street parking available
Transit Access
excellent - multiple subway lines

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Convenience Store
0m
53/100
Average
High
5 Star Express
0.16km
84/100
Strong
High
One Brother Mini Market
0.16km
43/100
Weak
Medium
Mami Deli & Mini Market
0.32km
48/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$584,169
Industry Margin12%
Entry Cost$147,000

Market Analysis

Market Size$34M in the local area
Trendgrowing
Seasonalitysummer peak

Consumer Trends

brand-loyal, convenience-driven

SWOT Analysis

Strengths

Internal advantages

  • Convenient location
  • Loyal neighborhood customer base
  • Diverse product selection

Weaknesses

Areas for improvement

  • Competition from e-commerce
  • High NYC rent costs

Opportunities

External potential

  • Niche product specialization
  • Online ordering and delivery
  • Loyalty program expansion

Threats

External risks

  • Economic downturns
  • Changing consumer preferences
  • 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

Partner with delivery apps

Create subscription boxes

Risks to Monitor

Ongoing vigilance

Lease renewal at higher rates

Major competitor opening nearby

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hyperlocal Delivery Service

Same-hour delivery platform connecting neighborhood stores with local customers within a 10-block radius.

2

Smart Inventory Management

AI-powered inventory system that predicts demand patterns for small urban retailers.

3

Community Commerce App

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

Digital Score

68/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendgrowing
Digital Score68/100

Contact Info

1138 Nostrand Avenue, New York, NY, 11225, 11225
Used by 200+ businesses

What Top Competitors Already Know

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

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