Farrell's

Bars & Pubs · New York, NY

Business Summary

Farrell's is a rooftop bar located at New York, NY in the Manhattan area of New York City. Operating in the competitive NYC bar and nightlife scene, this establishment serves the local Manhattan community and visitors in the 10001 zip code area. With a digital presence score of 59/100, there is moderate room for improvement in online visibility and digital marketing efforts.

Location & Competitors

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Foot Traffic
High
Transit Access
Excellent - multiple subway lines within 0.3 miles

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Zagaya
0m
53/100
Average
High
Double Windsor
0m
32/100
Weak
Medium
Trees Lounge
0.16km
34/100
Weak
Medium
Saint Eves
0.32km
26/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Market Analysis

Market SizeThe NYC bar and nightlife industry generates approximately $6.8 billion annually across 12,000+ licensed establishments.

Consumer Trends

Growth in private event bookings and corporate entertainmentPost-pandemic preference for outdoor and well-ventilated spacesSocial media-driven venue discovery among 21-35 demographic

SWOT Analysis

Strengths

Internal advantages

  • Established loyal customer base
  • Unique cocktail menu with seasonal rotations
  • Experienced bartending staff with mixology expertise

Weaknesses

Areas for improvement

  • Thin profit margins on food menu items
  • Dependence on walk-in traffic without reservation system
  • Limited online ordering and delivery options
  • High rent burden typical of NYC bar operations

Opportunities

External potential

  • Partner with local food trucks for pop-up events
  • Add brunch service to capture daytime weekend revenue
  • Develop branded merchandise for additional revenue

Threats

External risks

  • Changing consumer preferences toward health-conscious options
  • Labor shortages and rising minimum wage requirements
  • Competition from at-home entertaining and delivery apps
  • Rising commercial rents in NYC neighborhoods

Strategic Recommendations

Quick Wins

Implement this week

Growth Strategies

1-3 months

Risks to Monitor

Ongoing vigilance

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

EventTap - Bar Event Management Platform

End-to-end platform for bars to create, promote, and manage events like trivia nights, live music, and happy hours with built-in ticketing.

2

PourMetrics - Bar Analytics Dashboard

IoT-enabled tap monitoring and POS analytics platform that helps bar owners optimize inventory, pricing, and staffing in real-time.

3

LocalTap - Hyperlocal Craft Beer Marketplace

B2B marketplace connecting NYC bars directly with regional craft breweries, cutting distributor margins and offering exclusive small-batch access.

Digital Score

59/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Digital Score59/100

Contact Info

New York, NY
Most popular

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