Double Down Saloon

Bars & Pubs · New York, NY

Business Summary

Double Down Saloon is a casual cocktail bar located in 14 Avenue A, New York, NY, 10009. Known for private event space and happy hour specials, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Urban commercial
Foot Traffic
Moderate-High
Parking
Limited street parking
Transit Access
Moderate - subway within 5-10 min walk
Nearby Landmarks
residential areapark

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Kelly's
0m
51/100
Average
High
Conor's Goat
0m
35/100
Weak
Medium
The Library
0m
68/100
Average
High
2A Bar
0m
40/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$400K-$900K
Industry Margin10-15%
Entry Cost$150K-$350K

Market Analysis

Market Size$3B+ metro area hospitality sector
TrendStable - consistent demand for neighborhood bars
SeasonalityPeak: fall/winter; Slow: mid-summer

Consumer Trends

Demand for craft/artisanal drinksSocial media-worthy venuesLate-night dining integration

SWOT Analysis

Strengths

Internal advantages

  • Diverse drink menu
  • Late-night operating hours
  • Established brand in local community

Weaknesses

Areas for improvement

  • Rising ingredient costs
  • Intense local competition
  • Seasonal foot traffic variation

Opportunities

External potential

  • Partnerships with local restaurants
  • Social media marketing growth
  • Develop delivery/takeout cocktail kits

Threats

External risks

  • Supply chain disruptions
  • New competitor openings
  • Changing liquor regulations

Strategic Recommendations

Quick Wins

Implement this week

Optimize Google Business Profile with photos and updated hours

Introduce weekday happy hour specials

Growth Strategies

1-3 months

Build partnerships with nearby hotels for guest referrals

Develop signature cocktail line for retail

Risks to Monitor

Ongoing vigilance

Track competitor pricing strategies

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

Bar Analytics Platform

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

3

Cocktail Kit Delivery Service

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

Digital Score

54/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - consistent demand for neighborhood bars
Digital Score54/100

Contact Info

14 Avenue A, New York, NY, 10009, 10009

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