Abe's Pagoda Bar

Bars & Pubs · New York, NY

Business Summary

Abe's Pagoda Bar is a lively wine bar located in 108 Wyckoff Avenue, New York, NY. Known for signature drinks and trivia 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 - major transit hub nearby
Nearby Landmarks
parkresidential area

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Left Hand Path
0.16km
34/100
Weak
Medium
Carmelo's
0.16km
31/100
Weak
Medium
Heavy Woods
0.32km
29/100
Weak
Medium
Ra-Ra Rhino
0.32km
80/100
Strong
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$400K-$900K
Industry Margin12-18%
Entry Cost$200K-$450K

Market Analysis

Market Size$3B+ metro area hospitality sector
TrendGrowing - craft cocktail culture expanding
SeasonalityPeak: summer (outdoor), winter holidays; Slow: January-February

Consumer Trends

Non-alcoholic cocktail growthExperience-driven spendingSocial media-worthy venues

SWOT Analysis

Strengths

Internal advantages

  • Prime NYC location
  • Diverse drink menu
  • Experienced bar staff

Weaknesses

Areas for improvement

  • Dependency on weekend revenue
  • Limited seating capacity
  • Seasonal foot traffic variation

Opportunities

External potential

  • Brunch/daytime service expansion
  • Partnerships with local restaurants
  • Loyalty program implementation

Threats

External risks

  • New competitor openings
  • Rising commercial rents
  • Noise complaints from residential neighbors

Strategic Recommendations

Quick Wins

Implement this week

Partner with local food delivery apps

Launch Instagram presence with cocktail photography

Growth Strategies

1-3 months

Host weekly themed events to build community

Create cocktail subscription boxes

Risks to Monitor

Ongoing vigilance

Monitor lease renewal terms closely

Prepare contingency for economic slowdowns

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Bar Analytics Platform

Data-driven insights for bar owners covering inventory, pricing optimization, and customer patterns.

2

Non-Alcoholic Cocktail Brand

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

3

Bar Crawl App

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

Digital Score

25/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendGrowing - craft cocktail culture expanding
Digital Score25/100

Contact Info

108 Wyckoff Avenue, New York, NY
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Abe's Pagoda Bar stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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