Hibachi

Restaurants · New York, NY

Business Summary

Hibachi is a restaurants establishment at 111-08 Queens Boulevard, Forest Hills, NY, 11375. Located in the New York City metro, near One World Trade, it operates in one of the world's most competitive and vibrant dining markets. The local restaurants sector shows steady growth fueled by tourism, population density, and NYC's deep-rooted culture of eating out.

Location & Competitors

Loading map...
Neighborhood
residential neighborhood
Foot Traffic
high
Parking
no dedicated parking
Transit Access
multiple subway lines
Nearby Landmarks
Trader Joe'sCostcoTarget

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Shake Shack
New York, NY
0.60km
73/100
Strong
High
Xi'an Famous Foods
New York, NY
0.70km
62/100
Average
High
Chipotle
New York, NY
0.70km
58/100
Average
Medium

Competitive Summary

Showing 3 of 3 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Estimated Value$379K-$976K
Industry Margin3-9%
Entry Cost$250K-$1.5M

Market Analysis

Market Size$28B
Trendmoderate growth
SeasonalityPeak during holidays, summer tourism, and restaurant week events

Consumer Trends

health-conscious menusexperiential dining conceptssustainability packaging

SWOT Analysis

Strengths

Internal advantages

  • Established restaurants presence in New York City
  • Access to massive local and tourist customer base
  • Prime location in one of the world's top dining cities

Weaknesses

Areas for improvement

  • Digital visibility gap (score: 46/100)
  • Intense competition from thousands of nearby options
  • Elevated operating costs inherent to NYC market

Opportunities

External potential

  • Digital marketing can capture high-volume online food searches
  • Expanding delivery market opens incremental revenue channels
  • Post-pandemic tourism recovery boosts dining demand

Threats

External risks

  • Escalating rent and wage costs in New York
  • Constant influx of new competitor openings
  • Macroeconomic pressures on consumer dining spend

Strategic Recommendations

Quick Wins

Implement this week

Set up online ordering via own website

Register on DoorDash, UberEats, Grubhub, Seamless

Partner with nearby offices for weekday lunch catering

Growth Strategies

1-3 months

Expand with trending dietary options (plant-based, keto)

Partner with NYC food bloggers and TikTok creators

Develop weekend brunch menu for neighborhood crowds

Risks to Monitor

Ongoing vigilance

High dependence on third-party delivery margins

Extremely saturated restaurant landscape

Rising food and labor costs across NYC

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Neighborhood Bites Discovery App

Hyperlocal app connecting NYC residents with hidden gem restaurants in their own borough, featuring real neighbor reviews.

2

NYC Office Lunch Marketplace

Platform matching independent restaurants with corporate offices for recurring lunch orders, reducing delivery app fees.

3

Restaurant Supply Group-Buy Network

Co-op purchasing platform letting small NYC restaurants pool orders for bulk pricing on ingredients and supplies.

Digital Score

46/ 100
Fair

Quick Stats

Competitors3
Est. Revenue$173-350K
Market Trendmoderate growth
Digital Score46/100

Contact Info

111-08 Queens Boulevard, Forest Hills, NY, 11375, 11375

One Report. Clear Next Steps.

Stop guessing. Get a custom growth strategy for Hibachi with revenue forecasts, market gaps, and prioritized recommendations you can act on this week.

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