39 Fantastic Bar

Bars & Pubs · New York, NY

Business Summary

39 Fantastic Bar is a casual dive bar located in 3914 8th Avenue, New York, NY. Known for local beers on tap and live music nights, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Historic district
Foot Traffic
Moderate-High
Parking
Street parking available
Transit Access
Good - bus routes and subway access nearby
Nearby Landmarks
shopping districtsubway stationrestaurant rowhotel district

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Red Parrot Bar
0.16km
31/100
Weak
Medium
Fantastic Bar & Lounge
0.48km
41/100
Weak
Medium
L'Wren
0.80km
16/100
Weak
Low
Minnie's
1.13km
77/100
Strong
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$800K-$1.5M
Industry Margin12-18%
Entry Cost$400K-$800K

Market Analysis

Market Size$2.8B NYC drinking establishments market
TrendStable - consistent demand for neighborhood bars
SeasonalityYear-round with peaks during holidays and events

Consumer Trends

Demand for craft/artisanal drinksLocal/sustainable sourcingNon-alcoholic cocktail growth

SWOT Analysis

Strengths

Internal advantages

  • Experienced bar staff
  • Strong repeat customer base
  • Unique atmosphere and ambiance

Weaknesses

Areas for improvement

  • Dependency on weekend revenue
  • Intense local competition
  • Staff turnover challenges

Opportunities

External potential

  • Develop delivery/takeout cocktail kits
  • Launch cocktail classes or tasting events
  • Partnerships with local restaurants

Threats

External risks

  • Noise complaints from residential neighbors
  • Changing liquor regulations
  • Shifting consumer preferences

Strategic Recommendations

Quick Wins

Implement this week

Optimize Google Business Profile with photos and updated hours

Set up email list for event promotions

Growth Strategies

1-3 months

Create cocktail subscription boxes

Host weekly themed events to build community

Risks to Monitor

Ongoing vigilance

Maintain liquor license compliance

Track competitor pricing strategies

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Pop-Up Bar Events

Themed temporary bar experiences in unique NYC venues, rotating monthly with different concepts.

2

Non-Alcoholic Cocktail Brand

Premium mocktail brand targeting health-conscious NYC consumers with bar-quality flavors.

3

Cocktail Kit Delivery Service

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

Digital Score

30/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - consistent demand for neighborhood bars
Digital Score30/100

Contact Info

3914 8th Avenue, New York, NY

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