The Goods Neighborhood Kitchen and Bar

Restaurants · Denver, CO

Business Summary

The Goods Neighborhood Kitchen and Bar at 2550 in Colfax Avenue serves Denver's growing appetite for diverse cuisine. The Mile High City's population growth (fastest-growing major metro) creates opportunity, but the restaurant must differentiate in an increasingly saturated market.

Location & Competitors

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Neighborhood
eclectic urban corridor
Foot Traffic
very high
Parking
limited street
Transit Access
excellent – Colfax bus line
Nearby Landmarks
Bluebird TheaterTattered CoverOgden Theatre

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Wellness Sushi
0.16km
43/100
Weak
Medium
Little Beast Street Food
0.16km
28/100
Weak
Medium
Pepper Asian Bistro
0.32km
67/100
Average
High
The Ethiopian Restaurant
0.32km
22/100
Weak
Low

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Est. Revenue$350K–$700K
Price Range$
Est. Employees8–20
Growth Potentialhigh

Market Analysis

Market Size$1.4B Denver dining and entertainment sector
Target DemographicsDenver families and neighborhood residents

Consumer Trends

ghost kitchen and delivery-first modelsexperiential dining and Instagram-worthy presentationhealth-conscious dining surging in Denver

Opportunities

  • outdoor patio dining year-round (300 days of sunshine)
  • delivery optimization for Mile High altitude-adjusted cooking
  • seasonal menus using Colorado-sourced ingredients

SWOT Analysis

Strengths

Internal advantages

  • established local presence
  • proximity to residential neighborhoods
  • diverse menu appealing to Denver's adventurous diners

Weaknesses

Areas for improvement

  • seasonal tourism fluctuations
  • high Denver commercial rent costs
  • parking challenges typical of Denver urban corridors

Opportunities

External potential

  • Denver's 18% population growth since 2010
  • outdoor seating leveraging Denver's 300 sunny days
  • partnership with local Colorado suppliers

Threats

External risks

  • potential economic slowdown affecting discretionary dining
  • intense competition from Denver's restaurant boom
  • rising commercial rents in Denver metro

Strategic Recommendations

Quick Wins

Implement this week

Register on Yelp, DoorDash, and Uber Eats with updated menus

Add professional food photography to all online listings

Add online ordering through direct website to reduce third-party fees

Growth Strategies

1-3 months

Host community events tied to Denver culture (Broncos watch parties, ski season specials)

Partner with Denver craft breweries for cross-promotion events

Launch a seasonal Colorado-sourced menu highlighting local farms

Risks to Monitor

Ongoing vigilance

New competitors entering the thriving Denver food scene

Over-reliance on foot traffic without digital customer acquisition

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Mile High Meal Prep

Altitude-optimized meal prep delivery service partnering with The Goods Neighborhood Kitchen and Bar for signature dishes, targeting Denver's fitness-obsessed outdoor enthusiasts.

2

Colfax Avenue Food Tour App

A curated walking food tour app featuring The Goods Neighborhood Kitchen and Bar and neighboring Colfax Avenue restaurants, monetized through booking commissions and sponsored tastings.

Digital Score

62/ 100
Good

Quick Stats

Competitors4
Est. Revenue$350K–$700K
Digital Score62/100

Contact Info

2550, East Colfax Avenue, Denver, CO, 80206, 80206
Used by 200+ businesses

What Top Competitors Already Know

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

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