LIC Beer Project

Restaurants · New York, NY

Business Summary

LIC Beer Project operates as a restaurant destination at 39-28 23rd Street, New York, NY, 11101, drawing patrons with its authentic flavors and inviting atmosphere. The restaurant competes in New York's highly saturated dining market. Enhancing online ordering and review management would strengthen its competitive position.

Location & Competitors

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Neighborhood
Urban commercial district
Foot Traffic
High
Parking
Limited
Transit Access
Multiple subway lines nearby
Nearby Landmarks
Local shops and restaurantsResidential buildings

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
House of Thai
0.16km
57/100
Average
High
Lic Grill
0.16km
56/100
Average
High
Lim's Kitchen
0.32km
27/100
Weak
Medium
Goodfellas
0.32km
75/100
Strong
High

Competitive Summary

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

Financial Estimates

Financial Overview

Est. Revenue$2466K
Price Range$$
Est. Employees15
Growth PotentialModerate to High

Market Analysis

Market SizeLarge ($50B+ NYC restaurant market)
Target DemographicsLocal residents, office workers, food enthusiasts aged 25-55

Consumer Trends

Experience-based diningQR code digital menusSustainable sourcing

Opportunities

  • Develop a meal kit line
  • Offer cooking classes
  • Build private dining experiences

SWOT Analysis

Strengths

Internal advantages

  • Experienced kitchen staff
  • Prime location visibility
  • Unique culinary concept

Weaknesses

Areas for improvement

  • Limited delivery infrastructure
  • Inconsistent review management
  • Small seating capacity

Opportunities

External potential

  • Social media growth
  • Delivery platform optimization
  • Menu innovation

Threats

External risks

  • Labor shortages
  • Changing consumer preferences
  • Supply chain disruptions

Strategic Recommendations

Quick Wins

Implement this week

Claim and optimize Google Business Profile

Update hours and menu on all listing platforms

Create a Yelp business page

Growth Strategies

1-3 months

Develop private dining packages

Host special tasting events

Collaborate with local food bloggers

Risks to Monitor

Ongoing vigilance

Stay compliant with changing health regulations

Watch for new competitors entering the area

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Neighborhood Food Tour Platform

Create a curated food tour app featuring LIC Beer Project and nearby restaurants, offering tourists and locals guided culinary experiences through the neighborhood.

2

Restaurant Waste-to-Value Program

Develop a composting and food rescue partnership that converts LIC Beer Project's kitchen waste into community garden resources while reducing disposal costs.

Digital Score

62/ 100
Good

Quick Stats

Competitors4
Est. Revenue$2466K
Digital Score62/100

Contact Info

39-28 23rd Street, New York, NY, 11101, 11101
Most popular

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