King Cole Bar

Bars & Pubs · New York, NY

Business Summary

King Cole Bar is a speakeasy located at 2 East 55th Street, New York, NY, 10022 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 10022 zip code area. With a digital presence score of 23/100, there is significant 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
The Polo Bar
0m
61/100
Average
High
Salon de Ning
0.16km
53/100
Average
High
Trump Bar
0.16km
60/100
Average
High
The Bar at Baccarat Hotel
0.32km
64/100
Average
High

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

Post-pandemic preference for outdoor and well-ventilated spacesIncreasing popularity of non-alcoholic craft beveragesSocial media-driven venue discovery among 21-35 demographic

SWOT Analysis

Strengths

Internal advantages

  • Prime foot-traffic location near transit
  • Live entertainment programming draws repeat visitors
  • Late-night hours capture after-work and nightlife crowds
  • Experienced bartending staff with mixology expertise

Weaknesses

Areas for improvement

  • Thin profit margins on food menu items
  • Seasonal revenue fluctuations
  • High staff turnover common in hospitality sector
  • Limited seating capacity constrains peak revenue

Opportunities

External potential

  • Develop branded merchandise for additional revenue
  • Add brunch service to capture daytime weekend revenue
  • Expand into craft cocktail delivery via platforms like Drizly
  • Introduce trivia nights and themed events for slow weekdays

Threats

External risks

  • Economic downturn reducing discretionary spending
  • Labor shortages and rising minimum wage requirements
  • Increasing competition from new bar openings nearby
  • Competition from at-home entertaining and delivery apps

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

VibeCheck - Real-Time Bar Atmosphere Ratings

Crowdsourced app showing real-time noise level, crowd density, wait times, and vibe ratings for bars across New York City.

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

SipSafe - Drink Safety Verification

Smart coaster/straw technology that detects drink tampering, addressing safety concerns in NYC nightlife venues.

Digital Score

23/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Digital Score23/100

Contact Info

2 East 55th Street, New York, NY, 10022, 10022
Used by 200+ businesses

What Top Competitors Already Know

See exactly how King Cole Bar stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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