Pastime Tavern

Bars & Pubs · New York, NY

Business Summary

Pastime Tavern is a classic neighborhood pub serving the local community with affordable drinks and a welcoming atmosphere. Located at New York, NY, it offers a traditional bar experience with regulars and casual visitors alike.

Location & Competitors

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Neighborhood
Urban/Commercial
Foot Traffic
Moderate
Parking
Street parking only
Transit Access
Excellent - multiple subway lines nearby
Nearby Landmarks
Shopping centerRestaurants

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Mid Night
0.16km
79/100
Strong
High
The Garden Restaurant and Lounge
2.90km
72/100
Strong
Medium
901 Club
2.90km
53/100
Average
Low
barCode
3.06km
75/100
Strong
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 3 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$628K
Industry Margin19%
Entry Cost$315K

Market Analysis

Market Size$1.8B+ in NYC metro
TrendStable
SeasonalityPeak during summer months and holiday season; slower in January-February

Consumer Trends

Shift toward craft and local beverages, experience-driven nightlife

SWOT Analysis

Strengths

Internal advantages

  • Experienced management team
  • Loyal customer base and repeat visitors

Weaknesses

Areas for improvement

  • Limited seating capacity
  • Limited digital marketing presence

Opportunities

External potential

  • Introduce loyalty program to increase retention
  • Expand brunch or daytime service hours

Threats

External risks

  • Changing liquor licensing regulations
  • Economic downturn reducing discretionary spending

Strategic Recommendations

Quick Wins

Implement this week

Create a simple website with menu and event calendar

Implement happy hour specials to drive weekday traffic

Growth Strategies

1-3 months

Launch themed event nights to attract new demographics

Partner with local influencers for venue promotion

Risks to Monitor

Ongoing vigilance

Lease renewal terms may increase overhead significantly

Over-expansion could dilute brand identity

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Craft Cocktail Subscription Box

Offer monthly subscription boxes with cocktail ingredients and recipes inspired by popular NYC bars.

2

Mobile Bar Catering Service

Launch a mobile cocktail bar service for events, weddings, and corporate functions in the NYC area.

3

Non-Alcoholic Bar Concept

Open a sophisticated bar focusing exclusively on craft non-alcoholic beverages and mocktails.

Digital Score

78/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable
Digital Score78/100

Contact Info

New York, NY
Used by 200+ businesses

What Top Competitors Already Know

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

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