Fig. 19

Bars & Pubs · New York, NY

Business Summary

Fig. 19 is a casual neighborhood pub located in 131 Chrystie Street, New York, NY, 10002-2813. Known for late-night menu and signature drinks, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Entertainment district
Foot Traffic
High
Parking
No dedicated parking
Transit Access
Good - bus routes and subway access nearby
Nearby Landmarks
residential areauniversity campusoffice buildings

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Home Sweet Home
0m
70/100
Strong
High
The Highlight Room
0.16km
39/100
Weak
Medium
The Ripple Room
0.16km
67/100
Average
High
cloudM Rooftop-Bar
0.16km
57/100
Average
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$500K-$1M
Industry Margin15-22%
Entry Cost$300K-$600K

Market Analysis

Market Size$2.5B+ NYC bar and nightlife market
TrendGrowing - NYC nightlife recovery post-pandemic
SeasonalityPeak: summer (outdoor), winter holidays; Slow: January-February

Consumer Trends

Local/sustainable sourcingThemed pop-up eventsDemand for craft/artisanal drinks

SWOT Analysis

Strengths

Internal advantages

  • Experienced bar staff
  • Unique atmosphere and ambiance
  • Established brand in local community

Weaknesses

Areas for improvement

  • Staff turnover challenges
  • Limited seating capacity
  • Intense local competition

Opportunities

External potential

  • Partnerships with local restaurants
  • Loyalty program implementation
  • Social media marketing growth

Threats

External risks

  • Economic downturn impact on discretionary spending
  • Changing liquor regulations
  • Shifting consumer preferences

Strategic Recommendations

Quick Wins

Implement this week

Launch Instagram presence with cocktail photography

Optimize Google Business Profile with photos and updated hours

Growth Strategies

1-3 months

Create cocktail subscription boxes

Develop signature cocktail line for retail

Risks to Monitor

Ongoing vigilance

Prepare contingency for economic slowdowns

Maintain liquor license compliance

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

Non-Alcoholic Cocktail Brand

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

3

Cocktail Kit Delivery Service

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

Digital Score

59/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendGrowing - NYC nightlife recovery post-pandemic
Digital Score59/100

Contact Info

131 Chrystie Street, New York, NY, 10002-2813, 10002
Most popular

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