Shaka Shaka Tiki

Bars & Pubs · New York, NY

Business Summary

Shaka Shaka Tiki is a trendy craft beer bar located in 64 6th Avenue, Brooklyn, NY, 11217. Known for local beers on tap and late-night menu, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Mixed-use residential/commercial
Foot Traffic
High
Parking
Street parking available
Transit Access
Good - bus routes and subway access nearby
Nearby Landmarks
shopping districtresidential area

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Sweet Polly
0m
37/100
Weak
Medium
Bar Goto
0.16km
33/100
Weak
Medium
McMahon's
0.16km
27/100
Weak
Medium
Uncle Barry's
0.32km
16/100
Weak
Low

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$400K-$900K
Industry Margin10-20%
Entry Cost$200K-$450K

Market Analysis

Market Size$2.5B+ NYC bar and nightlife market
TrendStable - consistent demand for neighborhood bars
SeasonalityPeak: fall/winter; Slow: mid-summer

Consumer Trends

Social media-worthy venuesDemand for craft/artisanal drinksLate-night dining integration

SWOT Analysis

Strengths

Internal advantages

  • Late-night operating hours
  • Prime NYC location
  • Strong repeat customer base

Weaknesses

Areas for improvement

  • Seasonal foot traffic variation
  • Rising ingredient costs
  • Dependency on weekend revenue

Opportunities

External potential

  • Expand to private events and corporate bookings
  • Launch cocktail classes or tasting events
  • Loyalty program implementation

Threats

External risks

  • Noise complaints from residential neighbors
  • Economic downturn impact on discretionary spending
  • Shifting consumer preferences

Strategic Recommendations

Quick Wins

Implement this week

Set up email list for event promotions

Introduce weekday happy hour specials

Growth Strategies

1-3 months

Host weekly themed events to build community

Develop signature cocktail line for retail

Risks to Monitor

Ongoing vigilance

Monitor lease renewal terms closely

Prepare contingency for economic slowdowns

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Bar Analytics Platform

Data-driven insights for bar owners covering inventory, pricing optimization, and customer patterns.

2

Bar Crawl App

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

3

Bartender Marketplace

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

Digital Score

62/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - consistent demand for neighborhood bars
Digital Score62/100

Contact Info

64 6th Avenue, Brooklyn, NY, 11217, 11217
Used by 200+ businesses

What Top Competitors Already Know

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

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