Splash

Bars & Pubs · Chicago, IL

Business Summary

Splash is a bar & pub located at 3339 North Halsted Street in Lincoln Park/Lakeview, Chicago. With a digital score of 27/100, the business has significant opportunity to improve its online presence and attract new customers through digital channels.

Location & Competitors

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Neighborhood
urban-residential
Foot Traffic
High
Parking
Street/limited
Transit Access
Good - CTA Brown/Red Line
Nearby Landmarks
Wrigley FieldLincoln Park ZooDePaul University

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Sidetrack
0m
34/100
Weak
Medium
Progress Bar Chicago
0m
49/100
Average
Medium
Scarlet
0m
17/100
Weak
Low
Roscoe's Tavern & Cafe
0m
48/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$800K-$1500K
Price Range$$
Est. Employees7-22
Growth PotentialModerate-High

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

  • Expand outdoor seating/patio area
  • Create a signature cocktail menu
  • Collaborate with local breweries for tap takeovers

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

  • Expand outdoor seating/patio area
  • Create a signature cocktail menu
  • Collaborate with local breweries for tap takeovers

Threats

External risks

  • Economic downturn reducing discretionary spending
  • Increasing competition from new bar openings
  • Rising alcohol licensing and insurance costs

Strategic Recommendations

Quick Wins

Implement this week

Set up happy hour promotions on social media

Claim and optimize Google Business Profile with photos and hours

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

Growth Strategies

1-3 months

Partner with delivery platforms for cocktail kits

Invest in interior renovation for Instagram-worthy aesthetic

Host recurring community events to build regular clientele

Risks to Monitor

Ongoing vigilance

Dependency on single revenue stream (drinks only)

Underestimating renovation or rebranding costs

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Pop-Up Kitchen Partnership

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

2

Bar Crawl App

A mobile app featuring curated bar crawl routes in Lincoln Park/Lakeview, starting at Splash with exclusive deals at partner venues.

Digital Score

27/ 100
Poor

Quick Stats

Competitors4
Est. Revenue$800K-$1500K
Digital Score27/100

Contact Info

3339 North Halsted Street, Chicago, IL, 60657, 60657
Most popular

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