Prohibition

Bars & Pubs · New York, NY

Business Summary

Prohibition is a lively wine bar located in 503 Columbus Avenue, New York, NY. Known for outdoor seating and happy hour specials, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Historic district
Foot Traffic
Moderate
Parking
Metered street parking
Transit Access
Good - bus routes and subway access nearby
Nearby Landmarks
shopping districtparkresidential area

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Beer Run UWS
0.16km
29/100
Weak
Medium
Tiki Chick
0.32km
20/100
Weak
Low
George Keeley
0.32km
82/100
Strong
High
Florentin
0.48km
65/100
Average
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$300K-$700K
Industry Margin8-15%
Entry Cost$150K-$350K

Market Analysis

Market Size$2.8B NYC drinking establishments market
TrendStable - established market with loyal clientele
SeasonalityPeak: fall/winter; Slow: mid-summer

Consumer Trends

Social media-worthy venuesLocal/sustainable sourcingNon-alcoholic cocktail growth

SWOT Analysis

Strengths

Internal advantages

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

Weaknesses

Areas for improvement

  • High NYC rent costs
  • Limited seating capacity
  • Rising ingredient costs

Opportunities

External potential

  • Develop delivery/takeout cocktail kits
  • Brunch/daytime service expansion
  • Social media marketing growth

Threats

External risks

  • Noise complaints from residential neighbors
  • Shifting consumer preferences
  • Supply chain disruptions

Strategic Recommendations

Quick Wins

Implement this week

Introduce weekday happy hour specials

Launch Instagram presence with cocktail photography

Growth Strategies

1-3 months

Create cocktail subscription boxes

Expand to private event hosting

Risks to Monitor

Ongoing vigilance

Diversify revenue streams beyond bar sales

Maintain liquor license compliance

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Pop-Up Bar Events

Themed temporary bar experiences in unique NYC venues, rotating monthly with different concepts.

2

Bartender Marketplace

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

3

Non-Alcoholic Cocktail Brand

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

Digital Score

33/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - established market with loyal clientele
Digital Score33/100

Contact Info

503 Columbus Avenue, New York, NY
Most popular

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