The Ferryman on 1st

Bars & Pubs · New York, NY

Business Summary

The Ferryman on 1st is a lively lounge located in New York, NY. Known for trivia nights and late-night menu, it serves the local community and visitors alike.

Location & Competitors

Loading map...
Neighborhood
Mixed-use residential/commercial
Foot Traffic
Moderate-High
Parking
Nearby parking garage within 2 blocks
Transit Access
Excellent - major transit hub nearby
Nearby Landmarks
residential areahotel districtshopping districtuniversity campus

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
McSwiggans Pub
0m
40/100
Weak
Medium
Mulligans
0m
17/100
Weak
Low
The Shannon
0m
81/100
Strong
High
Pig and Parrot Last Resort
0.16km
17/100
Weak
Low

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$800K-$1.5M
Industry Margin8-15%
Entry Cost$150K-$350K

Market Analysis

Market Size$2.8B NYC drinking establishments market
TrendGrowing - NYC nightlife recovery post-pandemic
SeasonalityPeak: fall/winter; Slow: mid-summer

Consumer Trends

Social media-worthy venuesNon-alcoholic cocktail growthThemed pop-up events

SWOT Analysis

Strengths

Internal advantages

  • Late-night operating hours
  • Diverse drink menu
  • Prime NYC location

Weaknesses

Areas for improvement

  • High NYC rent costs
  • Dependency on weekend revenue
  • Seasonal foot traffic variation

Opportunities

External potential

  • Partnerships with local restaurants
  • Launch cocktail classes or tasting events
  • Social media marketing growth

Threats

External risks

  • Economic downturn impact on discretionary spending
  • Rising commercial rents
  • Shifting consumer preferences

Strategic Recommendations

Quick Wins

Implement this week

Launch Instagram presence with cocktail photography

Introduce weekday happy hour specials

Growth Strategies

1-3 months

Build partnerships with nearby hotels for guest referrals

Expand to private event hosting

Risks to Monitor

Ongoing vigilance

Monitor lease renewal terms closely

Maintain liquor license compliance

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

Bartender Marketplace

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

3

Pop-Up Bar Events

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

Digital Score

80/ 100
Excellent

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendGrowing - NYC nightlife recovery post-pandemic
Digital Score80/100

Contact Info

New York, NY
Used by 200+ businesses

What Top Competitors Already Know

See exactly how The Ferryman on 1st stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

Coming soon • Instant delivery in 5 minutes • Money-back guarantee