Twisted Tap

Bars & Pubs · Chicago, IL

Business Summary

Twisted Tap is a bar & pub located at 1913 North Lincoln Avenue in Lincoln Park/Lakeview, Chicago. With a digital score of 41/100, 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
Wellington's Tavern
0.16km
70/100
Strong
High
The Hometavern
0.32km
56/100
Average
High
The Diag
0.32km
34/100
Weak
Medium
Beermiscuous
0.32km
21/100
Weak
Low

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$900K-$2400K
Price Range$$
Est. Employees10-20
Growth PotentialHigh

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

  • Partner with local food trucks for events
  • Expand outdoor seating/patio area
  • 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

  • Partner with local food trucks for events
  • Expand outdoor seating/patio area
  • Collaborate with local breweries for tap takeovers

Threats

External risks

  • Labor shortages in hospitality
  • Economic downturn reducing discretionary spending
  • Rising alcohol licensing and insurance costs

Strategic Recommendations

Quick Wins

Implement this week

Encourage customer reviews on Google and Yelp

Claim and optimize Google Business Profile with photos and hours

Set up happy hour promotions on social media

Growth Strategies

1-3 months

Invest in interior renovation for Instagram-worthy aesthetic

Host recurring community events to build regular clientele

Build partnerships with local businesses for cross-promotion

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 Lincoln Park/Lakeview bars like Twisted Tap with local craft breweries for exclusive tap partnerships.

2

Nightlife Experience Platform

A booking platform for VIP experiences, private events, and group packages at Twisted Tap and similar Chicago venues.

Digital Score

41/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$900K-$2400K
Digital Score41/100

Contact Info

1913 North Lincoln Avenue, Chicago, IL, 60657, 60657

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