The Throwback

Bars & Pubs · New York, NY

Business Summary

The Throwback is a eclectic lounge located in 710 Amsterdam Avenue, New York, NY, 10025. Known for private event space and local beers on tap, it serves the local community and visitors alike.

Location & Competitors

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Neighborhood
Mixed-use residential/commercial
Foot Traffic
High
Parking
Limited street parking
Transit Access
Excellent - multiple subway lines within walking distance
Nearby Landmarks
entertainment venuerestaurant rowresidential areasubway station

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Dive Bar
0.16km
75/100
Strong
High
Bar Thalia
0.16km
70/100
Strong
High
The Upside
0.48km
57/100
Average
High
Broadway Dive
0.64km
31/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 2 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$500K-$1M
Industry Margin12-18%
Entry Cost$400K-$800K

Market Analysis

Market Size$3B+ metro area hospitality sector
TrendGrowing - NYC nightlife recovery post-pandemic
SeasonalityPeak: summer (outdoor), winter holidays; Slow: January-February

Consumer Trends

Experience-driven spendingDemand for craft/artisanal drinksNon-alcoholic cocktail growth

SWOT Analysis

Strengths

Internal advantages

  • Established brand in local community
  • Prime NYC location
  • Experienced bar staff

Weaknesses

Areas for improvement

  • Staff turnover challenges
  • Limited seating capacity
  • Intense local competition

Opportunities

External potential

  • Social media marketing growth
  • Brunch/daytime service expansion
  • Partnerships with local restaurants

Threats

External risks

  • Shifting consumer preferences
  • Rising commercial rents
  • Supply chain disruptions

Strategic Recommendations

Quick Wins

Implement this week

Optimize Google Business Profile with photos and updated hours

Launch Instagram presence with cocktail photography

Growth Strategies

1-3 months

Develop signature cocktail line for retail

Expand to private event hosting

Risks to Monitor

Ongoing vigilance

Diversify revenue streams beyond bar sales

Prepare contingency for economic slowdowns

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Bar Crawl App

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

2

Virtual Happy Hour Platform

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

3

Bar Analytics Platform

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

Digital Score

72/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendGrowing - NYC nightlife recovery post-pandemic
Digital Score72/100

Contact Info

710 Amsterdam Avenue, New York, NY, 10025, 10025
Most popular

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