Monty's

Restaurants · Miami, FL

Business Summary

Monty's on South Bayshore Drive in Coconut Grove is a beloved Miami waterfront restaurant and bar. Known for its casual outdoor atmosphere, stone crabs, and marina views, it's been a Coconut Grove institution for decades.

Location & Competitors

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Neighborhood
waterfront entertainment/Coconut Grove
Foot Traffic
high, especially weekends
Parking
available marina parking
Transit Access
limited, Coconut Grove Metrorail nearby
Nearby Landmarks
Coconut Grove MarinaCocoWalkVizcaya Museum nearby

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Bayshore Club Bar & Grill
0.48km
35/100
Weak
Medium
Pauloluigi
0.80km
35/100
Weak
Medium
Mayfair Grill
0.97km
45/100
Average
Medium
Sipsip Rum Bar
0.97km
55/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Estimated Value$3M-$6M
Industry Margin12-16%
Entry CostN/A - irreplaceable waterfront location

Market Analysis

Market Size$150M Coconut Grove dining market
Trendwaterfront dining premium growing
Seasonalitypeak winter tourist season, strong weekend year-round

Consumer Trends

outdoor waterfront diningcasual tropical atmospherelive music and eventssunset happy hours

SWOT Analysis

Strengths

Internal advantages

  • •iconic waterfront location
  • •decades of brand equity
  • •marina views
  • •casual tropical vibe
  • •event hosting capability

Weaknesses

Areas for improvement

  • •weather-dependent outdoor seating
  • •aging facilities
  • •parking challenges on busy nights

Opportunities

External potential

  • •private event revenue growth
  • •yacht and marina partnerships
  • •enhanced live entertainment
  • •social media waterfront content

Threats

External risks

  • •Coconut Grove development changes
  • •hurricane risk
  • •rising waterfront property costs

Strategic Recommendations

Quick Wins

Implement this week

sunset happy hour social media content

yacht club partnerships

TripAdvisor optimization

Growth Strategies

1-3 months

private yacht dining experiences

enhanced event programming

marina-side expansion

Risks to Monitor

Ongoing vigilance

waterfront property disputes

storm/hurricane damage risk

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Marina Dining Experience

Luxury dining-on-the-water concept with boat-to-table seafood served on moored vessels in Miami's marinas

2

Waterfront Venue Marketplace

Platform for booking waterfront event spaces in Miami, connecting event planners with restaurants and venues offering bay/ocean views

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Digital Score

60/ 100
Good

Quick Stats

Competitors4
Est. Revenue$3000-5000K
Market Trendwaterfront dining premium growing
Digital Score60/100

Contact Info

2550, South Bayshore Drive, Miami, FL, 33133, 33133
Most popular

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