The Raines Law Room

Bars & Pubs · New York, NY

Business Summary

The Raines Law Room is a eclectic cocktail bar located in 48 West 17th Street, New York, NY, 10011. Known for outdoor seating and happy hour specials, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Residential neighborhood
Foot Traffic
Moderate
Parking
Limited street parking
Transit Access
Good - bus routes and subway access nearby
Nearby Landmarks
office buildingsentertainment venue

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Baby Grand Flatiron
0.16km
71/100
Strong
High
Boxers
0.32km
40/100
Weak
Medium
Slate
0.32km
46/100
Average
Medium
Bounce Sporting Club
0.32km
59/100
Average
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$400K-$900K
Industry Margin10-20%
Entry Cost$300K-$600K

Market Analysis

Market Size$2.5B+ NYC bar and nightlife market
TrendStable - established market with loyal clientele
SeasonalityPeak: summer (outdoor), winter holidays; Slow: January-February

Consumer Trends

Non-alcoholic cocktail growthExperience-driven spendingLate-night dining integration

SWOT Analysis

Strengths

Internal advantages

  • Strong repeat customer base
  • Established brand in local community
  • Unique atmosphere and ambiance

Weaknesses

Areas for improvement

  • Dependency on weekend revenue
  • Seasonal foot traffic variation
  • Staff turnover challenges

Opportunities

External potential

  • Partnerships with local restaurants
  • Launch cocktail classes or tasting events
  • Develop delivery/takeout cocktail kits

Threats

External risks

  • Supply chain disruptions
  • Rising commercial rents
  • Economic downturn impact on discretionary spending

Strategic Recommendations

Quick Wins

Implement this week

Partner with local food delivery apps

Launch Instagram presence with cocktail photography

Growth Strategies

1-3 months

Build partnerships with nearby hotels for guest referrals

Host weekly themed events to build community

Risks to Monitor

Ongoing vigilance

Maintain liquor license compliance

Diversify revenue streams beyond bar sales

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Non-Alcoholic Cocktail Brand

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

2

Pop-Up Bar Events

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

3

Bartender Marketplace

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

Digital Score

72/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable - established market with loyal clientele
Digital Score72/100

Contact Info

48 West 17th Street, New York, NY, 10011, 10011
Used by 200+ businesses

What Top Competitors Already Know

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

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