Terraza 7
Bars & Pubs · New York, NY
Business Summary
Terraza 7 is a bar and pub located in 40-19 Gleane Street, Elmhurst, NY, 11373. It serves the local community with drinks, entertainment, and a social atmosphere. The venue has built a loyal following among neighborhood regulars.
Location & Competitors
Competitive Landscape
| Business | Distance | Digital Score | Threat Level |
|---|---|---|---|
| Central Station Bar | 0.32km | 40/100 Weak | Medium |
| Uno Cafe and Billiards | 0.64km | 36/100 Weak | Medium |
| NY Cheviolotte Bar | 0.64km | 78/100 Strong | High |
| Winner's Bar | 0.64km | 33/100 Weak | Medium |
Competitive Summary
Showing 4 of 4 competitors within 5km. There are 1 digitally strong competitors nearby.
Financial Estimates
Financial Overview
Market Analysis
Consumer Trends
SWOT Analysis
Strengths
Internal advantages
- •Established local presence
- •Community reputation
Weaknesses
Areas for improvement
- •High rent costs
- •Seasonal fluctuations
Opportunities
External potential
- •Expand food menu
- •Offer private event space
Threats
External risks
- •Rising rent and costs
- •Changing consumer preferences
Strategic Recommendations
Quick Wins
Implement this week
Launch Instagram account with weekly specials
Add happy hour promotions
Growth Strategies
1-3 months
Partner with food delivery apps
Create signature cocktail menu
Risks to Monitor
Ongoing vigilance
Watch neighborhood development impact
Track competitor pricing
Startup Ideas
AI-generated business opportunities inspired by this analysis
Mobile bar catering service
Launch a mobile cocktail bar service leveraging Terraza 7's brand and mixology expertise for events and parties.
Bar merchandise and branded spirits
Create a line of branded merchandise and collaborate with local distilleries on a signature spirit for Terraza 7.
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Digital Score
Quick Stats
Contact Info
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