Flying Fox Tavern

Bars & Pubs · New York, NY

Business Summary

Flying Fox Tavern is a classic wine bar located in 678 Woodward Avenue, Ridgewood, NY, 11385. Known for signature drinks and local beers on tap, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Residential neighborhood
Foot Traffic
High
Parking
Nearby parking garage within 2 blocks
Transit Access
Excellent - major transit hub nearby
Nearby Landmarks
restaurant rowoffice buildings

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Aunt Ginny's
0.16km
49/100
Average
Medium
Gottscheer Hall
0.16km
67/100
Average
High
Tequila Time
0.32km
53/100
Average
Medium
Seneca Bar
0.32km
79/100
Strong
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$500K-$1M
Industry Margin12-18%
Entry Cost$200K-$450K

Market Analysis

Market Size$2.5B+ NYC bar and nightlife market
TrendStable - established market with loyal clientele
SeasonalityPeak: fall/winter; Slow: mid-summer

Consumer Trends

Local/sustainable sourcingExperience-driven spendingSocial media-worthy venues

SWOT Analysis

Strengths

Internal advantages

  • Experienced bar staff
  • Late-night operating hours
  • Established brand in local community

Weaknesses

Areas for improvement

  • Staff turnover challenges
  • Rising ingredient costs
  • High NYC rent costs

Opportunities

External potential

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

Threats

External risks

  • Changing liquor regulations
  • New competitor openings
  • Rising commercial rents

Strategic Recommendations

Quick Wins

Implement this week

Launch Instagram presence with cocktail photography

Set up email list for event promotions

Growth Strategies

1-3 months

Launch brunch service on weekends

Host weekly themed events to build community

Risks to Monitor

Ongoing vigilance

Monitor lease renewal terms closely

Diversify revenue streams beyond bar sales

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

Bartender Marketplace

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

3

Cocktail Kit Delivery Service

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

Digital Score

71/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - established market with loyal clientele
Digital Score71/100

Contact Info

678 Woodward Avenue, Ridgewood, NY, 11385, 11385

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