It’s hard to believe, but 2020 is closer than we think, and people are making serious moves toward their next business adventure. That might be a new line of business entirely, it may be in a new part of the country, or a completely new way of doing things…perhaps a mixture of all three! For those with the spirit of entrepreneurship, the sky is the limit, and the economy seems to be going in their favor for now. What trends can people expect, and how does that bode for you and the line of business you’re in?

What Top Five Business Adventures Will People Begin in 2020?

  • One man/Woman Businesses (Work For Yourself)
  • Cooking Class Restaurants
  • Pet Business
  • Online Tutoring
  • Mobile App Developer

One thing that corporate America taught us is that work in cubicles kind of kills morale and creativity, and people are less likely to work as hard for the benefit of a big corporation as they are for the benefit of themselves. This isn’t selfish – it’s common sense. Look at the rise of Uber and how much more successful Uber is right now than traditional cab companies. People are going to go the extra mile when that extra mile benefits them (excuse the pun.) This translates to any line of work where you can be a one person set up. Expect it to increase.
People love to eat out, but they are also becoming much more conscious about what goes into their food and how their time is spent as a couple, family, or even alone. They like to learn skills. Many studies show that most millennials consider cooking to be a very valuable skill. Wouldn’t it be great if you could go out to eat – and you actually participated in cooking the meal and then could eat it, and go home an replicate it? This fulfills a lot of needs 1) immediate need for dinner that evening 2) socialization 3) learning a valuable skill that you can take with you. Hmmm. Lots of bang for the buck!
With every year, pets and animals become more important to our culture in the United States. We consider them family, we are interested in teaching them, learning from them, caring from them, socializing with them, rescuing them, pampering them. Look for dog spas, dog daycares, cat groomers, goat yoga, pet therapy, and much more to become even more popular.
People want to learn things – all kinds of things. The recent exorbitant amounts of student debt and lack of jobs for those with college degrees has made many people take a step back and ask themselves what is really best for their future and what are they best suited for? Not all jobs require a degree or even a license, and many skills can be learned online from a tutor from anywhere in the world. Want to learn Japanese without leaving your home? Look no further than your computer. Want to teach the art of floral arrangement or guitar? You could set up lessons online. There’s so many skills that could be taught and learned online – the sky is the limit.
In the era of electronics, people are used to things being at their fingertips more than ever before. They pay their bills and order their groceries with the touch of a button on an app. If people have a need, there’s probably a way for an app to be involved, and a true entrepreneur will find it. This has the potential to be extremely lucrative.
If you are selling commercial property right now, consider ways that you can market your property that is more versatile to suit needs that are more complex than just the regular office setting, because this type of business will soon be outranked by other types of business. What can you do to keep up with the changing times?

Hot Key West Business Opportunities

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated with new properties every HOUR. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!
In the meantime, check out these 1-click searches:

Newest Key West Commercial Properties on the Market

One of a kind Investment & trophy property in Key Largo.This is a State of the Art security facility and very few properties comparable anywhere in the Keys. Property is leased & guaranteed by the Federal Government. Newly constructed in 2016, concrete building & interior improvements were designed and specially built for US Customs & Border Protection. This is their main office in Key Largo. Main property is fenced with private levered gate and secure with restricted access. Paved parking lot. Property totals 1.5 Acres with 1/2 acre of unbuildable hardwood hammock. 6,674 sf. building has 5,177 sf. of net leaseable area & is a concrete bunker. Poured CBS construction, Bullet proof windows, Kevlar lined walls, enhanced video surveillance, elevator, fully ADA compliant with full elevator. Propane Generator with automatic transfer backs up entire building.Full service lease started June, 2017, five years with one five year option. 2 years remain on existing term and then rent to be substantially increased for a new lease. This is a full service lease. Landlord responsible for certain maintenance & Tenant reimburses Landlord base rent and those operating costs.Tenant also pays Real Estate Taxes and Insurances. One could not replicate this building or its features in today's market. $3,500,000 Active

101350 Overseas Highway KEY LARGO, Florida

2 Baths 6,674 SqFt

Tranquil ''Old Keys'' style marina nestled on a rare 1 + acre Oceanside lot with many possible uses! Deep water protected harbor with 18 large boat slips that can handle 50+ ft. yachts. Approach depth approx. 6 ft.+ at high tide with clearly marked channel. Successful Boat Rental Business with 17 Boats included in the sale. Lucrative Vacation Rental Business with (10) Aqua Lodges and 1 houseboat also included. Water, New 30 Amp and 50 Amp electric at each slip. Fuel dock, concrete building w/office, ship store, workshop, and garage/storage. 2 Outdoor Showers, 2 Bath houses with indoor showers, stalls, and dressing area. New Waste / Pump Out Station, and fuel station. An additional separate concrete building used for storage on North side of property. Private marina, Must call for an appointment and sign an NDA/CA for more information. $9,750,000 Active

200 Treasure Harbor Drive ISLAMORADA, Florida

4 Baths 1,069 SqFt

Prime retail location on busy 300 block of Duval St. Good visibility in the 6 unit strip center located at the corner of Eaton St.Unit E is approx. 800 sf. and has been totally renovated including new flooring, ceilings, lighting and AC fixtures. Exterior of the entire building has been renovated as well. Private ADA compliant half bathroom. Ample customer and employee parking in the rear. Great mix of tenants including Wendy's, Kermits Key Lime Pie store, Nitro Ice Cream and Mystic Lobster Roll. Potential for retail or small restaurant. Tenants to pay their own Utilities incl. Electric, Water and Trash.Base rent is $80/sf. plus current NNN estimated at $24.50/sf. plus sales tax. Total rent is $104.50/yr x 800 sf. + $83,600/yr. or $6,966.67/mos. plus sales tax.Interior photo's coming soon. $5,334 Active

335 Duval Street E KEY WEST, Florida

2 Baths 6,495 SqFt

Prime Commercial Investment property in the heart of Big Pine Key at MM 30. Commercial zoning allows for many other Commercial uses. Large lot is 20,150 sf. or just under 1/2 Acre. Good visibility with 120' of frontage on Overseas Hwy x 167' deep. There is some parking in the front of the property and within FDOT right of way. Also, large vacant land in rear of building for possible added income with parking, equipment storage or may be potential for additional building. Current CBS single story building is 3,200 sf. Formerly divided up into a 6 unit strip center it is currently fully occupied by 4 tenants. Each tenant is mos. to mos., or soon will be. Leases have been short term and tenants paying below market rents. First time on the market since current owner purchased property in 1977! $1,150,000 Active

30200 Overseas Highway Big Pine, Florida

3,200 SqFt


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