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

101600 Overseas Highway $20,000,000

101600 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 3,717 SqFt

139 Seaside Avenue $10,500,000

139 Seaside Avenue KEY LARGO, Florida

5 Beds 7 Baths 6,740 SqFt

517 Duval & 518 Bahama Street $7,500,000

517 Duval & 518 Bahama Street KEY WEST, Florida

4 Baths 7,854 SqFt

3428 Roosevelt Boulevard N 1,2,3,4,5,6 $5,995,000

3428 Roosevelt Boulevard N 1,2,3,4,5,6 KEY WEST, Florida

7 Baths 8,046 SqFt

112 Bounty Lane N $5,990,000

112 Bounty Lane N KEY LARGO, Florida

5 Beds 5 Baths 4,822 SqFt 0.180 Acres

3574 Overseas Highway 1-7 $4,800,000

3574 Overseas Highway 1-7 MARATHON, Florida

5 Beds 4 Baths 7,706 SqFt

100099 Overseas Highway $4,749,000

100099 Overseas Highway KEY LARGO, Florida

2 Baths 4,680 SqFt

30770 Overseas Highway $3,995,000

30770 Overseas Highway Big Pine, Florida

12,560 SqFt

919 - 921 Duval Street $3,750,000

919 - 921 Duval Street KEY WEST, Florida

9 Beds 6 Baths 4,173 SqFt

10 Ocean Drive E $3,699,000

10 Ocean Drive E MARATHON, Florida

5 Beds 3 Baths 2,832 SqFt 0.290 Acres

96180 Overseas Highway $3,600,000

96180 Overseas Highway KEY LARGO, Florida

3 Beds 3 Baths 1,445 SqFt 0.960 Acres

770 107th Street Ocean $3,500,000

770 107th Street Ocean MARATHON, Florida

33,977 SqFt

770 107Th St Ocean $3,500,000

770 107Th St Ocean MARATHON, Florida

101350 Overseas Highway $3,250,000

101350 Overseas Highway KEY LARGO, Florida

2 Baths 6,674 SqFt

155 Atlantic Circle Drive $3,100,000

155 Atlantic Circle Drive KEY LARGO, Florida

3 Beds 2 Baths 2,694 SqFt

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

Prime Commercial Real Estate in Big Pine Key. The property offers 125 footage on US1 and 200 feet deep. With access from the front of the building to the back. Back of the property is fenced with extra storage facilities. Metal building, metal roof, two half baths, two lofts, front office space. $1,545,000 Active

31133 Ave A Big Pine, Florida

2 Baths 2,460 SqFt

Come and Use this precious space at a prime location! There is so much foot traffic in this area. Your business here at 300 Southard Street Unit 103 is at a Great location. Parking space provided as well. Renting for $950. Ideal spot right by Truman Annex and in between Southard Street and Thomas Street. $950 Active

300 Southard Street 103 KEY WEST, Florida

5 Baths 135 SqFt

Hard to find office space available at Conch Harbor Retail Center. Suitable for office, at the corner of Caroline and Grinnell Streets. Men and Women's bathrooms, outdoor seating in courtyard. Neighbors include Prime 951 Steakhouse, Dante's Pool Bar and Restaurant and West Marine. Sales tax is in addition to rent quoted, minimum one-year lease. $4,328.33 Active

951 Caroline Street 207 KEY WEST, Florida

2 Baths

2,705 SF lot in X Flood Zone on White Street in Key West. Zoned HNC-1, see documents tab for land uses. Buyer to verify if any build back rights. Owner is a licensed FL Realtor. $499,000 Active

1212 White Street KEY WEST, Florida


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