Are you considering a brick-and-mortar business? If YES, here are some brick-and-mortar business ideas to explore.
Introduction To Brick And Mortar Business Ideas
The majority of businesses need a physical presence for operation, even while they have an online presence.
Although gaining an online presence is the best way to reach an unlimited customer base, the brick-and-mortar store is key for some types of businesses.
Here we will detail the 12 most promising brick-and-mortar businesses for you to explore, but before that, let’s explore the benefit of brick-and-mortar business.
Benefits Of Owning Brick-and-Mortar Business
Here are some reasons why people prefer to go to brick-and-mortar stores.
Also, here are reasons why you should own a brick-and-mortar store.
Improves Business Credibility
People can be sceptical about purchasing goods in large quantities from online stores.
They tend to fear online stores not delivering every item they order.
So, instead of ordering from online stores, they prefer to go to a brick-and-mortar store.
This means that having a physical store can increase your business credibility.
Also, customers will be relaxed about patronizing you when they know where to locate your store.
Gives Customers a Better Shopping Experience
Most times, customers want a better experience while shopping for their goods.
This is the more reason they prefer to go to a brick-and-mortar store.
They do this to know what exactly they are buying.
Also, a brick-and-mortar store helps them to feel, touch, and test what they want to purchase firsthand.
According to a report, the percentage of customers who want to test their products before purchasing them is 87.
This allows customers to make better decisions on the product to purchase.
Improves Customer Service
Another reason why a brick-and-mortar business is important is that it will help give good customer service.
For instance, an online store might take days before it responds to a complaint made by a customer.
Meanwhile, a brick-and-mortar store treats every complaint made by its customers immediately.
Rendering immediate assistance to your customers will make them feel good and cherished.
This will also improve their shopping experience at your store.
Gives Customers The Privilege To Take Their Items Home Immediately
A significant advantage of brick-and-mortar is that customers can take their items immediately after purchase.
This is unlike online stores, where customers will have to wait for days or weeks before receiving their order.
This type of business is perfect for last-minute shoppers.
Of course, a brick-and-mortar store may not be able to give your business global reach as an online store would.
But what could be more important than giving your customers a unique and valuable shopping experience when they walk into your physical store?
With that said, let’s take a look at how profitable brick-and-mortar businesses are.
Future Relevance Of Brick-And-Mortar Businesses
Even though online stores are trending in every part of the world, brick-and-mortar stores will continue to grow.
Despite the effects of the pandemic on many businesses, the brick-and-mortar business continued to flourish.
According to research, the industry amounted to $26 trillion in 2021, even with a slight decline in 2020.
Furthermore, the industry is expected to hit $31.3 trillion in 2025 globally.
This change is expected from both the small and large brick-and-mortar stores.
In conclusion, these statistics prove that brick-and-mortar businesses have a future.
Therefore, even if you have an online store, nothing should also stop you from owning a brick-and-mortar store.
Let’s see the different brick-and-mortar business ideas we have.
Brick-And-Mortar Business Ideas
Here are some brick-and-mortar business ideas that will continue to trend:
1. Automobile Sales
One of the most profitable brick-and-mortar business ideas is automobile sales.
This is one of the brick-and-mortar businesses that will continue to grow.
Automobile sales are businesses that deal with retail sales of vehicles.
The owner of this type of business is known as a car dealer.
Furthermore, there are two ways to start this business.
Firstly, you can open a store where you can sell different car brands.
This way, you can decide the type of car you wish to sell and the one you don’t.
You also have the authority to fix the price you wish to sell the vehicle.
The capital investment for this business depends on the car brand you acquire.
The second way to start the business is through franchises.
In this business, you can only sell a particular car brand.
The franchise fee depends on the car brand you want to sell.
Either way, this is one business with high-profit potential.
However, the capital investment required to set up this business is also on the high side.
So keep this in mind as you consider this business idea.
The bakery business is one of the brick-and-mortar business ideas.
Also, it is one of the food industry’s most profitable and thriving businesses.
Furthermore, it is one of the brick-and-mortar business ideas that will always depend on a physical space.
Even if you start the business from home, you will need a brick-and-mortar store to bake and display your baked products.
Meanwhile, you also need great baking skills for this type of business.
Here are some popular and most demanded bakery products:
- Doughs, and so on.
3. Beauty Salon
Another profitable brick-and-mortar business idea is a beauty salon.
This is also a very lucrative and profitable business.
Moreover, beauty salons are mostly seen in brick-and-mortar stores.
If you like being creative with people’s hair, nails, and skin, you should consider this business idea.
A beauty salon gives people beauty treatment when they visit.
The beauty treatment includes;
- Hair cutting or trimming.
- Hair dyeing.
- Makeup and makeovers.
- Hair styling, and so on.
This beauty treatment is not meant for women alone; men, also demand these services.
Therefore, you can offer a unisex beauty service in your brick-and-mortar store.
4. Cosmetics Store
While some people like to order their cosmetics online and deliver them to their homes, others hit cosmetics stores to get their products.
The brick-and-mortar store also allows its customers to test brands and ingredients in a cosmetic store before purchasing.
Furthermore, you will need to know the latest cosmetics product if you want more patronage in your store.
Plus, you’ll need to stock up your store with quality cosmetic products if you want to offer your customers the best services.
5. Clothing Store – Brick-And-Mortar Business Ideas
People always find one reason or the other to purchase cloth.
Some prefer to order online, while others prefer to go to a physical store.
Those who order clothes online are at risk of getting what they didn’t order or getting the wrong size.
That is why opening a brick-and-mortar store to sell clothes is thriving.
You can decide your target customers – kids, men, or women.
However, you have to be fashion conscious in any one you choose to start with.
More importantly, you should be able to keep up with the latest trend in the fashion industry.
6. Daycare Center
A Daycare centre is also one of the best brick-and-mortar business ideas.
The demand for this service is quite high.
A daycare centre is a business that cares for infants and young kids.
Parents with busy schedules patronize this type of business most.
Of course, it is not possible to care for kids online.
If you are good with kids and can care for them, you should consider this business idea.
Although, you will need to obtain the necessary licenses and permits.
You will also need some qualifications before you can start the business.
7. Furniture Store
People order different kinds of furniture online, but it doesn’t mean they are produced online.
If you have great carpentry skills, you should consider this business idea.
You can make or produce furniture and display it in your store.
However, if you are interested in the business but don’t know how to produce furniture, you can get a reliable furniture maker to supply you with the needed ones.
To get more patronage, make sure your furniture designs are unique.
8. Gas Station
Even though electric cars are disrupting the automobile market, most cars still run on gas.
Moreover, people can’t order gas station products online.
One has to drive to a gas station to get what one wants.
This makes gas stations one of the most profitable brick-and-mortar business ideas.
However, your location for this type of business is very important.
It should be located in a motorable and busy area.
Plus, you will need to meet certain requirements before operating the business.
However, this is a really capital-intensive business idea.
9. Massage Therapist
Being a massage therapist is also one of the brick-and-mortar business ideas.
This is because it is not possible to get a massage online.
Also, anyone that needs a massage has to visit a massage parlour.
A massage therapist is a person that specializes in treating clients by manipulating the muscles and other soft tissues of the body.
You will need to be knowledgeable about the different massage techniques.
You will need a location to set up your beds for the business service.
Also, you will need to stock your equipment.
In all, the startup cost depends on the size of your business.
10. Mobile Phone Repairs – Brick-And-Mortar Business Ideas
Repairing mobile phones cannot be done online.
This is what makes it a good brick-and-mortar business idea.
As long as mobile phones continue to exist, there’ll always be a need for this service in the marketplace.
To begin with, you will need knowledge and experience in repairing phones.
You also need to set up your storefront to be accessible to people to want to repair their phones.
Furthermore, you can also purchase phone accessories to sell in your store.
This will help you to maximize more profit as you won’t need to worry about buying accessories/spare parts to fix your clients’ phones.
11. Pet Shelter/ Daycare
A pet shelter/daycare is a facility that cares for pets in the owner’s absence.
This is also one of the brick-and-mortar business ideas that are very profitable.
In a pet shelter business, food, exercise, and sleeping areas are provided for the pets.
To begin with, you will need a location with good settings suitable for pets.
The site should be spacious so that the pets can move around.
You will also need to create a good image for your business so that pet owners can trust you with their pets.
Meanwhile, you must be a pet lover if you consider this business.
Also, you can maximize your sales by operating a pet supply store.
You don’t need to invest much in this.
You can purchase the pet supplies such as toys, pet foods, leashes, collars, cages, beds, etc.
12. Waxing Studio
Like a massage business needs a physical location, so does a waxing studio.
A waxing studio is another profitable business you can start in a brick-and-mortar store.
This is a good business to consider because of the low competition.
Furthermore, the business does not require high capital investment.
To begin with, you will need a good location accessible to potential customers.
Although, you will need to get an aesthetic license before operating the business.
Furthermore, there are two ways to do this business.
You either be a franchisee or start your business from scratch.
These are the most profitable brick-and-mortar businesses that will resist future change.
Although, the businesses are not limited to the ones discussed above.
Here are other brick-and-mortar business ideas you might want to consider.
- Book store.
- Electronics store.
- Sports supply store.
- Stationery/ office supply store.
- Toy store.
- Video game store.
- Coffee shops.
- Vape store.
- Thrift shop.
- Car wash.
- Ice cream shop.
- Bed and breakfast.
- Butcher shop.
- Bicycle repair.
- Department store.
- Grocery store.
- Catering business/school.
- Wood workshop.
- Print shop.
- Clothing designer.
- Dance studio.
- Tattoo shop.
- Amusement parks.
- Farmers market.
- Print shop.
- Photo Studio.
- Fitness centres.
Conclusion On Brick-And-Mortar Business Ideas
There you have it.
Some of the most profitable brick-and-mortar business ideas.
You can start with the one that interests you the most.
It’s important to understand that no business becomes an overnight success.
It takes several years of hard work, dedication, and commitment to achieve tangible success in business.
Keep this in mind as you prepare to start your own business.