Waiting On A Friend

Bars & Pubs · New York, NY

Business Summary

Waiting On A Friend is a intimate dive bar located in 206 Avenue A, New York, NY. Known for live music nights and signature drinks, it serves the local community and visitors alike.

Location & Competitors

Loading map...
Neighborhood
Historic district
Foot Traffic
High
Parking
Limited street parking
Transit Access
Good - bus routes and subway access nearby
Nearby Landmarks
parksubway station

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Motel No Tell
0m
54/100
Average
High
The Spotted Owl
0m
73/100
Strong
High
Drop-Off Service
0m
74/100
Strong
High
Phoenix Bar
0m
59/100
Average
High

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 Margin8-15%
Entry Cost$250K-$500K

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

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

SWOT Analysis

Strengths

Internal advantages

  • Late-night operating hours
  • Experienced bar staff
  • Strong repeat customer base

Weaknesses

Areas for improvement

  • Seasonal foot traffic variation
  • Rising ingredient costs
  • Intense local competition

Opportunities

External potential

  • Social media marketing growth
  • Expand to private events and corporate bookings
  • Develop delivery/takeout cocktail kits

Threats

External risks

  • Shifting consumer preferences
  • Rising commercial rents
  • New competitor openings

Strategic Recommendations

Quick Wins

Implement this week

Introduce weekday happy hour specials

Partner with local food delivery apps

Growth Strategies

1-3 months

Expand to private event hosting

Host weekly themed events to build community

Risks to Monitor

Ongoing vigilance

Track competitor pricing strategies

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

Virtual Happy Hour Platform

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

3

Bartender Marketplace

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

Digital Score

53/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendGrowing - NYC nightlife recovery post-pandemic
Digital Score53/100

Contact Info

206 Avenue A, New York, NY
Most popular

Unlock Full Analysis

Only 12% of businesses in this area have a growth strategy. Get a 20+ page deep-dive for Waiting On A Friend — financials, competitors, and a step-by-step action plan.

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