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Interesting Global News
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Only if I'm allowed to open up a space next to you with a water fountain outside and allow everyone in.
In this context, your business plan would severely limit your customer base and therefore end up ruining your own finances than anything else, while my business plan will definitely get more customers.
You plan would only end up working if the society you're living in is more racist than not, which is not the case in the real world. There's no need to regulate everything when moral code can do the job just fine.
That's a pretty scary and naïve world view. Luckily you're not in charge of making the laws (I presume).
Or what will happen is all private businesses in communities high in inherent prejudice will exclude certain out groups and pressure any businesses that don't to either conform or they'll be boycotted, harassed, and/or vandalized until they go under.