308

Bars & Pubs · Nashville, TN

Business Summary

Operating in Nashville's competitive bars & pubs scene, 308 sits in the Nashville Metro area with moderate foot traffic. The business scores 71/100 on digital presence, suggesting room for growth especially given Nashville's booming tourism and bachelorette party economy.

Location & Competitors

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Neighborhood
mixed commercial
Foot Traffic
moderate
Parking
lot
Transit Access
moderate
Nearby Landmarks
Nashville attractions

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
The 5 spot
0.32km
67/100
Average
High
Red Door Saloon
0.32km
35/100
Weak
Medium
Buds n Brews
0.48km
38/100
Weak
Medium
Renuion
0.48km
52/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Est. Revenue$2.6M
Price Range$
Est. Employees11
Growth Potentialmoderate-high

Market Analysis

Market Size$1.5B Nashville nightlife and bar market
Target Demographicsbachelorette/bachelor parties (30%), tourists (30%), young professionals 21-35 (25%), locals (15%)

Consumer Trends

live music as table-stakes amenitycraft cocktail scene expanding beyond downtownbachelorette bar crawl economy

Opportunities

  • late-night food menu to capture post-show crowds
  • bachelorette party packages with VIP sections
  • pedal tavern partnership stops

SWOT Analysis

Strengths

Internal advantages

  • strong social media visibility
  • Nashville brand recognition
  • Broadway/nightlife proximity

Weaknesses

Areas for improvement

  • liquor license complexity
  • noise complaint risks
  • high staff turnover

Opportunities

External potential

  • late-night food menu to capture post-show crowds
  • bachelorette party packages with VIP sections
  • pedal tavern partnership stops

Threats

External risks

  • changing consumer preferences post-pandemic
  • new competitor entry in Nashville market
  • economic downturn reducing tourism spending

Strategic Recommendations

Quick Wins

Implement this week

list on Broadway bar crawl apps

get on Nashville pedal tavern route stops

offer bachelorette party drink packages

Growth Strategies

1-3 months

book rising Nashville songwriters for residencies

launch branded merchandise line

Risks to Monitor

Ongoing vigilance

Broadway rent escalation ($100+/sq ft)

noise ordinance changes in East Nashville

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Broadway Bar Crawl Tech

App-based guided bar crawls with skip-the-line access, drink specials, and group coordination for party groups

2

Nashville Honky-Tonk Booking Platform

Marketplace connecting touring musicians with Lower Broadway and Midtown venue booking opportunities

Digital Score

71/ 100
Good

Quick Stats

Competitors4
Est. Revenue$2.6M
Digital Score71/100

Contact Info

Nashville, TN

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