Burwood Tap

Bars & Pubs · Chicago, IL

Business Summary

Burwood Tap is a bar & pub located at 724 West Wrightwood Avenue in Chicago Neighborhood, Chicago. With a digital score of 42/100, the business has significant opportunity to improve its online presence and attract new customers through digital channels.

Location & Competitors

Loading map...
Neighborhood
urban-mixed
Foot Traffic
Moderate
Parking
Street/available
Transit Access
Fair - CTA bus access
Nearby Landmarks
Local shopsCommunity parksNeighborhood restaurants

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
The Wild Hare
0.16km
45/100
Average
Medium
Kingston Mines
0.16km
36/100
Weak
Medium
B.L.U.E.S.
0.16km
58/100
Average
High
aliveOne
0.32km
17/100
Weak
Low

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$400K-$2300K
Price Range$$
Est. Employees9-18
Growth PotentialModerate

Market Analysis

Market SizeChicago bar & nightlife market (~$4.2B metro area)
Target DemographicsLocal residents and nightlife crowd aged 21-50

Consumer Trends

Neighborhood bar resurgenceLive entertainment demandHappy hour culture

Opportunities

  • Launch a loyalty rewards program
  • Collaborate with local breweries for tap takeovers
  • Host live music or comedy nights

SWOT Analysis

Strengths

Internal advantages

  • Neighborhood presence
  • Flexible event space
  • Diverse drink menu

Weaknesses

Areas for improvement

  • High competition density
  • Limited online presence
  • Margin pressure from rising costs

Opportunities

External potential

  • Launch a loyalty rewards program
  • Collaborate with local breweries for tap takeovers
  • Host live music or comedy nights

Threats

External risks

  • Rising alcohol licensing and insurance costs
  • Shift to at-home drinking post-pandemic
  • Economic downturn reducing discretionary spending

Strategic Recommendations

Quick Wins

Implement this week

List on popular bar-finding apps (Untappd, BeerMenus)

Launch Instagram account with weekly drink specials

Set up happy hour promotions on social media

Growth Strategies

1-3 months

Build partnerships with local businesses for cross-promotion

Invest in interior renovation for Instagram-worthy aesthetic

Develop a branded mobile app for orders and loyalty

Risks to Monitor

Ongoing vigilance

Over-expansion without sufficient demand validation

Dependency on single revenue stream (drinks only)

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Local Brewery Marketplace

Online marketplace connecting Chicago Neighborhood bars like Burwood Tap with local craft breweries for exclusive tap partnerships.

2

Pop-Up Kitchen Partnership

Rotating pop-up kitchen concept at Burwood Tap, partnering with local chefs to offer unique food pairings with drinks.

Digital Score

42/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$400K-$2300K
Digital Score42/100

Contact Info

724 West Wrightwood Avenue, Chicago, IL, 60614, 60614
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Burwood Tap stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

Coming soon • Instant delivery in 5 minutes • Money-back guarantee