Author Topic: What would be a successful business?  (Read 20137 times)

Offline AmazingJason

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Re: What would be a successful business?
« Reply #75 on: March 09, 2017, 06:10:56 PM »
Help me understand the economics of a business in Jackson Heights. Say a botanica or a 99 cent store. How could they possibly be doing enough volume to make these rent numbers? Other than a liquor store or a casino I don't understand how any business could afford rent and labor and turn even a modest profit.

There is preferential rent involved and there is no labor cost because it's usually run by family/relatives/etc for free or very little. At least for one of the places on 37th Ave I know.

Offline Bel84

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Re: What would be a successful business?
« Reply #76 on: March 09, 2017, 09:55:33 PM »
Not sure why you nixed any kind of food store. How about quality cheeses, oils, baked goods and prepared entrees. Artisinal like. Wouldn't need a lot of space, really think we have the audience for it

Offline lindsey

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Re: What would be a successful business?
« Reply #77 on: March 09, 2017, 10:08:24 PM »
To the person who suggested a daycare: It's a wonderful idea, but again the rents are prohibitive. I know a wonderful, experienced early childhood teacher who wanted to open a daycare for 1-3 year olds in Jackson Heights; she knew there was huge demand, and she knew how to run a business. The problem was rent: she absolutely could not find a minimally acceptable space at a price point that would allow her to break even, never mind turn a small profit.
This is why so many early childhood "centers" are run out of people's houses and apartments. 
I also wonder about the assertion that UPK has cut into the preschool business. If anything, the guaranteed reimbursements from city government are a source of financial stability.

Offline Bailey

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Re: What would be a successful business? A Groceraunt, of course!
« Reply #78 on: March 10, 2017, 12:36:27 PM »
How about a small Groceraunt for Jackson Heights? There would be 4 elements:
1. Well-curated selection of groceries (fresh and shelf-stable foods that are tasty, usable items that people who cook or assemble their own meals would buy)
2. A small selection of creative well-prepared buy-by-the-pound cooked food (chicken, salmon, grain salads, veggies: all made with 100% fresh ingredients by someone with a palate for both freshness and good health). Deliciousness and freshness would be key to making this work and having return customers.
3. A tiny section of thoughtfully prepared grab-and-go foods like sandwiches, salads, grain bowls, and a couple really good, homemade-from-real-ingredients desserts in containers that you just grab and pay for (made with fresh, attractive, healthy ingredients). These would be SO memorably good that people would return weekly for the Groceraunt's signature items.
4. Lastly, a very small sit-down-and-eat area with 10-12 tables (small menu selection—maybe 6 total menu items for each meal, and with wines by the glass, of course, and good coffee).
This place needs attractive lighting and comfortable décor because no one wants to linger (or eat) under florescent lights surrounded by plastic furniture.
One kitchen and one staff would be doing all 3 of the food options, so their time would be maximized. I would be there 3X a week if someone could pull this off.

Offline Rogue1on82

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Re: What would be a successful business?
« Reply #79 on: March 10, 2017, 01:45:16 PM »
Let's say you came into a some extra cash, and want to open up something on 37th Ave. Not food related for obvious reasons. Instead of a pharmacy or a $.99 store, what do you think would be successful? The rents are probably between 5-7k.  I could make it happen, and with the right concept from you, you could be a part of it.  I would love to hear  your ideas. I've lived in the neighborhood for many years, and would like to invest back into it, and also make a living. Maybe even a co-op business? I'm open for ideas, and open to helping others and improving the neighborhood at the same time.

How about a bulk dry foods store? Or candy by the bulk? The spaces aren't very large and if you are looking not to have perishable products, dry foods/fruits/candies aren't not sold in JH by the bulk. Let people bring in their own containers, to save on packaging waste, and charge them by weight.

We don't need another .99 store or nail salon or perfumes.

But bulk dried food stuff may work.

Good luck.

Offline jhjefe

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Re: What would be a successful business?
« Reply #80 on: March 10, 2017, 04:09:33 PM »
Let people bring in their own containers, to save on packaging waste, and charge them by weight.

We don't need another .99 store or nail salon or perfumes.

But bulk dried food stuff may work.

Good luck.

Was thinking along similar lines.  In particular,  would like to have a "refill station" for products like detergents, liquid soaps, shampoo etc.

Something like this:
https://www.commongoodandco.com/pages/refill

Would definitely pay a premium, especially with a pick-up, refill and delivery type service.


Offline Rogue1on82

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Re: What would be a successful business?
« Reply #81 on: March 10, 2017, 04:12:53 PM »
Let people bring in their own containers, to save on packaging waste, and charge them by weight.

We don't need another .99 store or nail salon or perfumes.

But bulk dried food stuff may work.

Good luck.

Was thinking along similar lines.  In particular,  would like to have a "refill station" for products like detergents, liquid soaps, shampoo etc.

Something like this:
https://www.commongoodandco.com/pages/refill

Would definitely pay a premium, especially with a pick-up, refill and delivery type service.

That's actually a great idea with the laundry detergent, particularly during these financially challenging times, some residents may not be able to afford to buy an entire bottle but need to get their laundry done.

Bulk dried goods, was thinking of beans, rice, spices, ingredients that all of JH uses in their dishes.

Offline rhydewithdis

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Re: What would be a successful business?
« Reply #82 on: March 11, 2017, 08:43:54 AM »
I also wonder about the assertion that UPK has cut into the preschool business. If anything, the guaranteed reimbursements from city government are a source of financial stability.
Admissions preference for a kindergarten seat is usually given to children who attended pre-K at the school. I know this because we have been having a more difficult time filling all of our UPK seats at SCS ever since UPK went live.
https://scsny.org/programs/children-teen-family/pre-kindergarten


Offline madalyn

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Re: What would be a successful business?
« Reply #83 on: March 11, 2017, 10:04:42 AM »
Let's say you came into a some extra cash, and want to open up something on 37th Ave. Not food related for obvious reasons. Instead of a pharmacy or a $.99 store, what do you think would be successful? The rents are probably between 5-7k.  I could make it happen, and with the right concept from you, you could be a part of it.  I would love to hear  your ideas. I've lived in the neighborhood for many years, and would like to invest back into it, and also make a living. Maybe even a co-op business? I'm open for ideas, and open to helping others and improving the neighborhood at the same time.

How about a bulk dry foods store? Or candy by the bulk? The spaces aren't very large and if you are looking not to have perishable products, dry foods/fruits/candies aren't not sold in JH by the bulk. Let people bring in their own containers, to save on packaging waste, and charge them by weight.

We don't need another .99 store or nail salon or perfumes.

But bulk dried food stuff may work.

Good luck.


That's a great idea and something I always dreamed of doing.  I would definitely shop there.  You can have, in addition to bulk dry food products, bulk dish soap, shampoo, cleaning products, etc.  We used to have that at a food co-op where I worked and it was very popular.  It's also a great way to eliminate a lot of packaging that now needs to be recycled.

Offline NAJ

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Re: What would be a successful business?
« Reply #84 on: March 12, 2017, 08:41:33 PM »
A well-curated clothing boutique - like Lockwood but clothing.

Offline dotley

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Re: What would be a successful business?
« Reply #85 on: March 13, 2017, 06:10:55 AM »
An art supplies store.  We only have the stationery store that sells some art supplies. 

Offline Di_11372

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Re: What would be a successful business?
« Reply #86 on: March 14, 2017, 11:57:34 AM »

After reviewing all suggestions, one of the top repeated, and most likely to succeed--because it does not exist, is practical, and does not require a large space:

Quality Baked goods, coffee beans, cheeses, frozen foods. It would have a 'look' similar to Table Wine.

Location; I believe the success of this type of shop would be greater below 80th street.

Sorry to hear, over and over, how exorbitant rents are prohibiting us from having more of a variety of shops in our 'hood.

Offline Ed

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Re: What would be a successful business?
« Reply #87 on: March 14, 2017, 12:33:18 PM »
It really does sound like starting a business that would fill the desires of a number of responders and a business that would be able to generate enough revenue to cover the rent are mutually exclusive.
I would like to ask all of those who post here regularly about "non gentrification" and "maintaining the character of the neighborhood" how they believe that the status quo will remain when commercial lease rates in the neighborhood remain in the range that can only be afforded by national chains?
How many small, local businesses own their own buildings? How many personal or familial relationships with lessors will outlast the current generations lifespan?
Do you really think that it "preserves" the neighborhood to have a Verizon mobile store instead of a cheese shop that's owned by someone who lives a block away and sources much of their stock in the tri state region?

Offline PizzaRat

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Re: What would be a successful business?
« Reply #88 on: March 15, 2017, 08:07:33 PM »
Please don't open any business that has to do with kids...I live here to NOT live in a place like Park Slope that caters to spoiled brats.

A cafe would be awesome...seriously. Espresso is great, but we need more cafe options in the neighborhood. But that might come too close to a restaurant for your tastes. I'd also love a yoga or fitness studio, as others suggested, or a bookstore. I do think a bookstore could actually make money here (lots of old people with money...plus young people too!) and would open one myself if I had the money to do it.

Would love a cool vintage store, but I might end up being the only customer.  :D Or a shop that sells luxury goods like candles, makeup, skincare stuff, etc that are really popular these days. Cuter stuff than Lockwood but without the insane prices.

Offline mamalemon

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Re: What would be a successful business?
« Reply #89 on: March 18, 2017, 06:00:05 PM »
Sorry, I know" No food related "but just an idea: Authentic Japanese ramen place with the counter table would do it. People travel to eat there from all over. I like Naruto Ramen. ;D