169 Bar

Bars & Pubs · New York, NY

Business Summary

169 Bar is a lively neighborhood pub located in 169 East Broadway, New York, NY, 10002. Known for private event space and DJ nights, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Urban commercial
Foot Traffic
Moderate
Parking
Nearby parking garage within 2 blocks
Transit Access
Excellent - multiple subway lines within walking distance
Nearby Landmarks
shopping districtuniversity campusrestaurant rowpark

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Clandestino
0.16km
72/100
Strong
High
Le Dive
0.16km
53/100
Average
High
Clockwork Bar
0.16km
50/100
Average
Medium
Sake Bar Asoko
0.32km
32/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$300K-$700K
Industry Margin12-18%
Entry Cost$250K-$500K

Market Analysis

Market Size$3B+ metro area hospitality sector
TrendStable - established market with loyal clientele
SeasonalityPeak: summer (outdoor), winter holidays; Slow: January-February

Consumer Trends

Social media-worthy venuesExperience-driven spendingDemand for craft/artisanal drinks

SWOT Analysis

Strengths

Internal advantages

  • Experienced bar staff
  • Strong repeat customer base
  • Prime NYC location

Weaknesses

Areas for improvement

  • Seasonal foot traffic variation
  • Staff turnover challenges
  • Rising ingredient costs

Opportunities

External potential

  • Launch cocktail classes or tasting events
  • Social media marketing growth
  • Loyalty program implementation

Threats

External risks

  • Shifting consumer preferences
  • New competitor openings
  • Supply chain disruptions

Strategic Recommendations

Quick Wins

Implement this week

Introduce weekday happy hour specials

Launch Instagram presence with cocktail photography

Growth Strategies

1-3 months

Expand to private event hosting

Build partnerships with nearby hotels for guest referrals

Risks to Monitor

Ongoing vigilance

Monitor lease renewal terms closely

Maintain liquor license compliance

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Bar Crawl App

Curated bar crawl routes in NYC neighborhoods with exclusive deals and real-time wait times.

2

Cocktail Kit Delivery Service

Pre-measured cocktail kits delivered to homes with recipe cards and garnishes for the NYC market.

3

Bartender Marketplace

Platform connecting skilled bartenders with bars needing temporary or permanent staff in the NYC area.

Digital Score

41/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - established market with loyal clientele
Digital Score41/100

Contact Info

169 East Broadway, New York, NY, 10002, 10002
Most popular

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