Scarlet

Bars & Pubs · Chicago, IL

Business Summary

Scarlet is a bar/pub located in 3320 North Halsted Street, Chicago, IL. With a digital score of 17/100, the business is largely invisible online and missing significant customer acquisition opportunities through digital channels.

Location & Competitors

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Neighborhood
Urban Residential/Commercial Mix
Foot Traffic
High
Parking
Street parking available, some metered
Transit Access
Good - CTA bus routes, L station within walking distance
Nearby Landmarks
Lincoln Park ZooWrigley FieldTrader Joe's

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Splash
0m
27/100
Weak
Medium
Sidetrack
0.16km
34/100
Weak
Medium
Roscoe's Tavern & Cafe
0.16km
48/100
Average
Medium
Progress Bar Chicago
0.16km
49/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$350K-$600K annually
Price Range$$
Est. Employees4-10
Growth PotentialModerate - stable neighborhood bar scene

Market Analysis

Market Size$4.2B Chicago nightlife and bar market
Target DemographicsSports fans, neighborhood regulars 30-55

Consumer Trends

Experiential nightlife (trivia, karaoke, live music)Craft cocktail culture continuing to growLocal craft brewery partnerships trending

Opportunities

  • Add trivia or live music nights
  • Partner with local sports teams for watch parties

SWOT Analysis

Strengths

Internal advantages

  • Quality bar food menu
  • Late-night hours advantage
  • Unique atmosphere/decor

Weaknesses

Areas for improvement

  • Inconsistent service quality
  • Limited event programming
  • Poor Google/Yelp ratings management

Opportunities

External potential

  • Private event and party bookings
  • Neighborhood development bringing new residents
  • Craft cocktail trend premiumization

Threats

External risks

  • Economic downturn reducing nightlife spending
  • Changing consumer preferences toward health/wellness
  • Competition from new trendy bars

Strategic Recommendations

Quick Wins

Implement this week

List on Yelp, TripAdvisor, and bar directories

Start Instagram account showcasing drinks and events

Growth Strategies

1-3 months

Host private events and corporate happy hours

Develop a craft cocktail program with seasonal menus

Risks to Monitor

Ongoing vigilance

Noise complaints from residential neighbors

Liability exposure from alcohol service

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Scarlet Event Series

Curated weekly event series at Scarlet featuring local DJs, comedians, or artists to drive midweek traffic and build community.

2

Chicago Bar Crawl featuring Scarlet

Organized neighborhood bar crawl experience with Scarlet as anchor stop, partnering with nearby venues for a ticketed social experience.

Digital Score

17/ 100
Poor

Quick Stats

Competitors4
Est. Revenue$350K-$600K annually
Digital Score17/100

Contact Info

3320 North Halsted Street, Chicago, IL

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