Public Records

Bars & Pubs · New York, NY

Business Summary

Public Records is a trendy lounge located in 233 Butler Street, New York, NY, 11217. Known for outdoor seating and craft cocktails, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Entertainment district
Foot Traffic
Very High
Parking
Nearby parking garage within 2 blocks
Transit Access
Moderate - subway within 5-10 min walk
Nearby Landmarks
shopping districtoffice buildingsuniversity campussubway station

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Evalyn's Tap House
0.16km
68/100
Average
High
Liar Liar
0.32km
67/100
Average
High
Anaïs
0.32km
42/100
Weak
Medium
The Royal Palms Shuffleboard Club
0.32km
57/100
Average
High

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$500K-$1M
Industry Margin12-18%
Entry Cost$150K-$350K

Market Analysis

Market Size$3B+ metro area hospitality sector
TrendStable - consistent demand for neighborhood bars
SeasonalityPeak: summer (outdoor), winter holidays; Slow: January-February

Consumer Trends

Themed pop-up eventsSocial media-worthy venuesLocal/sustainable sourcing

SWOT Analysis

Strengths

Internal advantages

  • Prime NYC location
  • Established brand in local community
  • Strong repeat customer base

Weaknesses

Areas for improvement

  • Limited seating capacity
  • Intense local competition
  • Dependency on weekend revenue

Opportunities

External potential

  • Launch cocktail classes or tasting events
  • Brunch/daytime service expansion
  • Loyalty program implementation

Threats

External risks

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

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

Expand to private event hosting

Build partnerships with nearby hotels for guest referrals

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

Bartender Marketplace

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

2

Bar Crawl App

Curated bar crawl routes in NYC neighborhoods with exclusive deals and real-time wait times.

3

Virtual Happy Hour Platform

Corporate virtual team-building events with cocktail kits shipped to participants and guided mixology.

Digital Score

25/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - consistent demand for neighborhood bars
Digital Score25/100

Contact Info

233 Butler Street, New York, NY, 11217, 11217
Most popular

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