Spices

Restaurants · Denver, CO

Business Summary

Operating in City Park/Uptown, Spices offers american/contemporary cuisine in one of Denver's growing dining corridors. The restaurant serves a loyal neighborhood clientele but could improve its digital marketing to reach Denver's tech-savvy dining audience.

Location & Competitors

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Neighborhood
Urban residential near park
Foot Traffic
Moderate - park visitors, residents
Parking
Street parking; tight near park
Transit Access
Good - Colfax and 17th Ave buses
Nearby Landmarks
City ParkDenver Museum of Nature & ScienceDenver Zoo

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Izu Sushi
0.16km
83/100
Strong
High
D.P. Dough
0.16km
39/100
Weak
Medium
Burger King
0.16km
77/100
Strong
High
Crazy Horse Kitchen + Bar
0.32km
74/100
Strong
High

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 3 digitally strong competitors nearby.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$1100K-$2300K
Price Range$$
Est. Employees15
Growth PotentialModerate-High

Market Analysis

Market Size$20M local dining market within 3-mile radius
Target DemographicsDenver residents, families, and visitors seeking quality dining

Consumer Trends

Ghost kitchen/delivery growth post-pandemicTech worker lunch crowd growth from Denver's tech boomPlant-based menu expansion for health-conscious Denverites

Opportunities

  • Leverage 300 days of sunshine with expanded patio/rooftop dining
  • Partner with RTD for transit-accessible dining promotions
  • Expand delivery radius via DoorDash/Uber Eats in City Park/Uptown

SWOT Analysis

Strengths

Internal advantages

  • Unique dining concept in Denver market
  • Established presence in City Park/Uptown neighborhood
  • Experienced kitchen team with consistent quality

Weaknesses

Areas for improvement

  • Limited delivery/takeout optimization
  • Rising labor costs in Denver's tight restaurant market
  • Dependent on foot traffic patterns

Opportunities

External potential

  • Denver population growth (+1.5%/year) expanding customer base
  • Seasonal outdoor dining in Colorado's mild climate
  • Digital ordering and loyalty program implementation

Threats

External risks

  • Food cost inflation affecting margins
  • Economic slowdown impact on discretionary dining

Strategic Recommendations

Quick Wins

Implement this week

Claim and optimize Google Business Profile with updated photos and menu

Set up online ordering through direct website to avoid third-party fees

Growth Strategies

1-3 months

Create branded merchandise and packaged sauces/products for retail

Develop a signature American/Contemporary dish unique to Denver (Colorado ingredients)

Risks to Monitor

Ongoing vigilance

Over-expansion during uncertain economic conditions

Lease renewal risk as City Park/Uptown rents continue climbing

Staffing instability in Denver's competitive labor market

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Restaurant Tech Dashboard for City Park/Uptown

AI-powered analytics platform helping City Park/Uptown restaurants like Spices optimize staffing, inventory, and pricing based on Denver events and weather.

2

Colorado Farm-to-American/Contemporary Supply Chain

B2B marketplace connecting Colorado farmers directly with Denver restaurants like Spices for fresher, local ingredients at better margins.

Digital Score

41/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$1100K-$2300K
Digital Score41/100

Contact Info

1510, Humboldt Street, Denver, CO, 80218, 80218
Used by 200+ businesses

What Top Competitors Already Know

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

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