Bloom's Tavern

Bars & Pubs · New York, NY

Business Summary

Bloom's Tavern is a casual neighborhood pub located in 208 East 58th Street, New York, NY, 10022. Known for local beers on tap and outdoor seating, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Mixed-use residential/commercial
Foot Traffic
High
Parking
Limited street parking
Transit Access
Moderate - subway within 5-10 min walk
Nearby Landmarks
parkentertainment venue

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
The Blasket
0.16km
25/100
Weak
Medium
Side Door
0.16km
31/100
Weak
Medium
The Naked Pig
0.32km
50/100
Average
Medium
Draught 55
0.32km
75/100
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$250K-$500K

Market Analysis

Market Size$2.8B NYC drinking establishments market
TrendGrowing - NYC nightlife recovery post-pandemic
SeasonalityPeak: summer (outdoor), winter holidays; Slow: January-February

Consumer Trends

Late-night dining integrationNon-alcoholic cocktail growthExperience-driven spending

SWOT Analysis

Strengths

Internal advantages

  • Unique atmosphere and ambiance
  • Late-night operating hours
  • Strong repeat customer base

Weaknesses

Areas for improvement

  • Seasonal foot traffic variation
  • Staff turnover challenges
  • Limited seating capacity

Opportunities

External potential

  • Brunch/daytime service expansion
  • Develop delivery/takeout cocktail kits
  • Social media marketing growth

Threats

External risks

  • Economic downturn impact on discretionary spending
  • Shifting consumer preferences
  • Noise complaints from residential neighbors

Strategic Recommendations

Quick Wins

Implement this week

Set up email list for event promotions

Partner with local food delivery apps

Growth Strategies

1-3 months

Build partnerships with nearby hotels for guest referrals

Launch brunch service on weekends

Risks to Monitor

Ongoing vigilance

Diversify revenue streams beyond bar sales

Monitor lease renewal terms closely

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Virtual Happy Hour Platform

Corporate virtual team-building events with cocktail kits shipped to participants and guided mixology.

2

Bar Crawl App

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

3

Bartender Marketplace

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

Digital Score

36/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendGrowing - NYC nightlife recovery post-pandemic
Digital Score36/100

Contact Info

208 East 58th Street, New York, NY, 10022, 10022
Most popular

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