Remington’s

Restaurants · Chicago, IL

Business Summary

Remington’s is a South Loop-based restaurant at 20 North Michigan Avenue, Chicago, IL, 60602, operating in Chicago's competitive dining scene. With a digital presence score of 76/100, the business has moderate online visibility but significant room for growth through targeted local SEO and social media engagement. Located near Roosevelt Red/Orange/Green Line, it benefits from moderate-high foot traffic in a developing urban neighborhood.

Location & Competitors

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Neighborhood
South Loop - developing urban
Foot Traffic
moderate-high
Parking
garage parking
Transit Access
Roosevelt Red/Orange/Green Line
Nearby Landmarks
Museum CampusSoldier FieldColumbia College

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
SeoulSpice
0m
56/100
Average
High
Chiya Chai
0.16km
60/100
Average
High
Ryo Sushi
0.16km
79/100
Strong
High
Cindy’s
0.16km
62/100
Average
High

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$400K-$1.2M
Price Range$ - $$
Est. Employees8-25
Growth Potentialmoderate

Market Analysis

Market SizeChicago metro restaurant market: $18.2B annually, South Loop corridor: ~$120-350M
Target Demographicsmuseum visitors, Columbia College students, new condo residents 25-45

Consumer Trends

experiential dining (chef's tables, tasting menus) growingsustainability and farm-to-table sourcing trendingdemand for authentic ethnic cuisine rising 15% YoY

Opportunities

  • Tourist traffic from nearby attractions seeking local flavor
  • Underserved late-night dining in South Loop

SWOT Analysis

Strengths

Internal advantages

  • BYOB model keeps dining costs competitive
  • Strong delivery presence on DoorDash/Grubhub/UberEats
  • Seasonal outdoor patio extends capacity in summer

Weaknesses

Areas for improvement

  • Small dining room limits peak-hour capacity
  • Seasonal foot traffic drops 30-40% in harsh Chicago winters
  • Staff turnover common in competitive Chicago restaurant market

Opportunities

External potential

  • Partner with Wrigley Field/United Center for event-day promotions
  • Capitalize on Chicago's growing food tourism industry
  • Add weekend brunch service to capture underserved daypart

Threats

External risks

  • Minimum wage increases raising labor costs across Illinois
  • Chicago's harsh winter months significantly reduce walk-in traffic
  • Third-party delivery platforms squeezing margins (25-30% commission)

Strategic Recommendations

Quick Wins

Implement this week

Create a weekday lunch special combo to boost off-peak revenue

Partner with 3 local food bloggers for Instagram feature posts

Install a sidewalk A-frame sign to capture walk-by traffic

Growth Strategies

1-3 months

Develop a proprietary online ordering system to eliminate delivery platform fees

Create a signature frozen product line for retail (Mariano's, Whole Foods)

Risks to Monitor

Ongoing vigilance

Negative viral review or food safety incident damaging reputation

Lease renewal at significantly higher rent could squeeze margins

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Neighborhood Meal Kit Delivery

Curated weekly meal kits featuring recipes from this restaurant, delivered to homes within 3 miles via bike courier — lower costs than citywide delivery

2

Shared Kitchen Co-op

Convert underutilized kitchen hours into shared commissary space for aspiring Chicago food entrepreneurs and ghost kitchens

Digital Score

76/ 100
Good

Quick Stats

Competitors4
Est. Revenue$400K-$1.2M
Digital Score76/100

Contact Info

20 North Michigan Avenue, Chicago, IL, 60602, 60602
Used by 200+ businesses

What Top Competitors Already Know

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

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