3 Times Dim Sum

Restaurants · New York, NY

Business Summary

3 Times Dim Sum is a chinese restaurant located in Financial District, New York. With a digital presence score of 60/100, it has moderate online visibility but room to grow through targeted social media and delivery platform optimization.

Location & Competitors

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Neighborhood
business district
Foot Traffic
high weekdays, low weekends
Parking
very limited — garage parking $30-60, street nearly impossible
Transit Access
good — subway within walking distance
Nearby Landmarks
subway stationcommercial office buildingsresidential complexes

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Susukino Ramen
0m
46/100
Average
Medium
Bombay Cuisine
0m
43/100
Weak
Medium
Nara Sushi
0m
66/100
Average
High
Fraunces Tavern
0m
61/100
Average
High

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Est. Revenue$2437K annually
Price Range$$$
Est. Employees27
Growth Potentialmoderate-high

Market Analysis

Market Size$5M addressable market within 1-mile radius
Target Demographicsfinance professionals, office workers aged 28-50

Consumer Trends

regional Chinese cuisine gaining mainstream attentionmodern dim sum conceptsSichuan and Yunnan flavors trending

Opportunities

  • expand delivery radius via DoorDash/Uber Eats in Financial District
  • leverage chinese cuisine trending interest for marketing
  • implement loyalty program to increase repeat visits

SWOT Analysis

Strengths

Internal advantages

  • established presence in Financial District
  • Chinese cuisine with dedicated local following
  • above-average digital presence drives online orders

Weaknesses

Areas for improvement

  • high rent in Financial District pressures margins

Opportunities

External potential

  • expand delivery radius via DoorDash/Uber Eats in Financial District
  • leverage chinese cuisine trending interest for marketing
  • implement loyalty program to increase repeat visits

Threats

External risks

  • intense restaurant competition in Financial District
  • rising food and labor costs in NYC
  • post-pandemic shift to remote work reducing lunch traffic

Strategic Recommendations

Quick Wins

Implement this week

claim and optimize Google Business Profile with updated photos

launch Instagram presence showcasing chinese dishes

implement online ordering through direct website to reduce commission fees

Growth Strategies

1-3 months

develop catering program targeting Financial District offices and events

create signature chinese dish that becomes social media shareable

partner with local food influencers for authentic content creation

Risks to Monitor

Ongoing vigilance

NYC restaurant failure rate ~60% in first year — maintain cash reserves

rent escalation in Financial District could squeeze profitability

over-reliance on delivery platforms erodes margins (15-30% commissions)

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Ghost Kitchen Chinese Concept

Launch a delivery-only chinese brand from this kitchen during off-peak hours, targeting underserved neighborhoods in the delivery radius with a streamlined menu of 8-10 items.

2

Chinese Meal Kit Subscription

Offer weekly chinese meal kits with pre-portioned ingredients and video instructions, targeting Financial District residents who want restaurant-quality chinese food at home.

Digital Score

60/ 100
Good

Quick Stats

Competitors4
Est. Revenue$2437K annually
Digital Score60/100

Contact Info

38 Water Street, New York, NY, 10004, 10004
Most popular

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