The Nearby Bar

Bars & Pubs · Denver, CO

Business Summary

The Nearby Bar is a bars & pubs establishment located at Denver, CO. Near 16th Street Mall in the Denver metro area, it serves a dynamic market fueled by Colorado's craft beverage culture, growing population, and year-round tourism. The bars & pubs sector in Denver continues to see strong demand driven by the city's reputation as a top destination for craft beer and nightlife.

Location & Competitors

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Neighborhood
historic district
Foot Traffic
very high
Parking
garage parking nearby
Transit Access
excellent transit access
Nearby Landmarks
Whole FoodsTrader Joe'sSafeway

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Estimated Value$1376K-$2067K
Industry Margin5-12%
Entry Cost$120K-$800K

Market Analysis

Market Size$4.2B
Trendsteady growth
SeasonalityYear-round with peaks during ski season, summer festivals, and Broncos season

Consumer Trends

brewery-restaurant hybridslate-night food menuscocktail bar culture

SWOT Analysis

Strengths

Internal advantages

  • Denver's growing population drives steady demand
  • Benefit from Denver's tourism and convention traffic
  • Colorado's outdoor lifestyle fuels social gathering culture

Weaknesses

Areas for improvement

  • Limited digital presence (score: 38/100)
  • Dependence on evening and weekend traffic
  • Seasonal slow periods during extreme weather

Opportunities

External potential

  • Digital marketing and social media expansion
  • Growing delivery and takeout cocktail market
  • Denver population growth driving new customers

Threats

External risks

  • Regulatory changes to liquor licensing
  • Rising alcohol and supply costs in Colorado
  • Saturated craft beer market in Denver metro

Strategic Recommendations

Quick Wins

Implement this week

Collect and respond to Google and Yelp reviews weekly

Optimize Google Business Profile with updated photos and hours

Build Instagram presence with behind-the-bar content

Growth Strategies

1-3 months

Build an outdoor patio or rooftop space

Introduce a beer/cocktail subscription or mug club

Partner with neighborhood restaurants for cross-promotion

Risks to Monitor

Ongoing vigilance

Regulatory changes to liquor licensing

Saturated craft beer market in Denver metro

High commercial rent in popular corridors

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Denver Bar Crawl App

A social app organizing themed bar crawls across Denver neighborhoods with gamification and rewards.

2

Craft Beverage Distribution Co-op

A cooperative platform for small Denver breweries and distilleries to share distribution and reduce costs.

3

Pop-Up Kitchen Marketplace

Connecting food entrepreneurs with bars that lack kitchens, filling the food gap with rotating pop-up chefs.

Digital Score

38/ 100
Poor

Quick Stats

Competitors0
Est. Revenue$401-695K
Market Trendsteady growth
Digital Score38/100

Contact Info

Denver, CO, 80202
Used by 200+ businesses

What Top Competitors Already Know

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

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