Hops & Crafts

Bars & Pubs · Nashville, TN

Business Summary

Hops & Crafts serves the The Gulch neighborhood in Nashville's thriving bars & pubs market. Current digital score of 61/100 indicates untapped potential to reach Nashville's mix of tourists, music industry professionals, and growing young professional population.

Location & Competitors

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Neighborhood
mixed commercial-residential
Foot Traffic
high
Parking
street/lot
Transit Access
good
Nearby Landmarks
Vanderbilt UniversityMusic Row studios

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
PROOF Rooftop Bar
0m
36/100
Weak
Medium
The Station Inn
0m
68/100
Average
High
the pub
0.16km
27/100
Weak
Medium
Tin Roof
0.48km
58/100
Average
High

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Est. Revenue$2.1M
Price Range$$
Est. Employees11
Growth Potentialmoderate

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 amenitybachelorette bar crawl economycelebrity-owned honky-tonk boom on Broadway

Opportunities

  • pedal tavern partnership stops
  • live music programming partnerships
  • bachelorette party packages with VIP sections

SWOT Analysis

Strengths

Internal advantages

  • strong social media visibility
  • live music culture built-in
  • Nashville brand recognition

Weaknesses

Areas for improvement

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

Opportunities

External potential

  • pedal tavern partnership stops
  • live music programming partnerships
  • bachelorette party packages with VIP sections

Threats

External risks

  • Nashville zoning and regulation changes
  • new competitor entry in Nashville market
  • Nashville commercial rent increases (15% YoY in core areas)

Strategic Recommendations

Quick Wins

Implement this week

list on Broadway bar crawl apps

offer bachelorette party drink packages

create signature Nashville-themed cocktails

Growth Strategies

1-3 months

expand to rooftop or patio space

book rising Nashville songwriters for residencies

Risks to Monitor

Ongoing vigilance

noise ordinance changes in East Nashville

celebrity bar competition raising expectations

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

61/ 100
Good

Quick Stats

Competitors4
Est. Revenue$2.1M
Digital Score61/100

Contact Info

319 12th Avenue South, Nashville, TN, 37203, 37203
Most popular

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