Has anyone ever tried this?

Ok I was driving and saw new businesses getting made and some of them already had the name of their store. Anyways, for whichever business that is new or in the process of being made, buy the exact domain name and sell it to the owners. Of course if the domain is not already taken. Do you guys think this would work?

I'd love to see how smart you feel when you approach the owners to offer to sell them the domain, they look at you in disgust, tell you to get lost, then use any other domain name they please.

If the name is generic, like "BobsDiner", you could try it... except that the name would probably already be taken. And a unique name will likely have trademark rights, so the owner could demand you give up the domain.

I think a better strategy would be to obtain the name on behalf of the owner and use the opportunity to get in the door and offer a pitch on all the other services you can provide them with.

In general, you'll get more clients by being helpful than by being an a-hole.

Hmmm,

Twist it a little. Put a packet under their door with a personalized letter welcoming them to the neighborhood and a list of the services you offer to help them attract local customers quickly, SEO/GP/FB.

Much more likely to succeed and make more money in the long term than rocking up and saying 'Haha, I own your domain name, gimme some money'.

-aReJay

could work maybe if you offer some extra services with the, like website and seo, but if the shop name is trademarked they won