Armada

Bars & Pubs · New York, NY

Business Summary

Armada is a classic cocktail bar located in 86 Orchard Street, New York, NY, 10002-4515. Known for local beers on tap and craft cocktails, it serves the local community and visitors alike.

Location & Competitors

Loading map...
Neighborhood
Residential neighborhood
Foot Traffic
Very High
Parking
Metered street parking
Transit Access
Excellent - multiple subway lines within walking distance
Nearby Landmarks
residential areasubway station

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Skin Contact
0m
39/100
Weak
Medium
Bar Valentina
0m
69/100
Average
High
Las Lap
0m
41/100
Weak
Medium
Ten Bells
0m
31/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$300K-$700K
Industry Margin8-15%
Entry Cost$400K-$800K

Market Analysis

Market Size$2.5B+ NYC bar and nightlife market
TrendGrowing - NYC nightlife recovery post-pandemic
SeasonalityPeak: fall/winter; Slow: mid-summer

Consumer Trends

Social media-worthy venuesDemand for craft/artisanal drinksThemed pop-up events

SWOT Analysis

Strengths

Internal advantages

  • Strong repeat customer base
  • Prime NYC location
  • Late-night operating hours

Weaknesses

Areas for improvement

  • Rising ingredient costs
  • Dependency on weekend revenue
  • Staff turnover challenges

Opportunities

External potential

  • Launch cocktail classes or tasting events
  • Expand to private events and corporate bookings
  • Brunch/daytime service expansion

Threats

External risks

  • Rising commercial rents
  • Economic downturn impact on discretionary spending
  • Supply chain disruptions

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

Develop signature cocktail line for retail

Risks to Monitor

Ongoing vigilance

Track competitor pricing strategies

Monitor lease renewal terms closely

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Bartender Marketplace

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

2

Pop-Up Bar Events

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

3

Non-Alcoholic Cocktail Brand

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

Digital Score

82/ 100
Excellent

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendGrowing - NYC nightlife recovery post-pandemic
Digital Score82/100

Contact Info

86 Orchard Street, New York, NY, 10002-4515, 10002
Most popular

Unlock Full Analysis

Only 12% of businesses in this area have a growth strategy. Get a 20+ page deep-dive for Armada — financials, competitors, and a step-by-step action plan.

Coming soon • Instant delivery in 5 minutes • Money-back guarantee