Red Derby

Bars & Pubs · Washington, DC

Business Summary

Red Derby is a bar/pub in U Street Corridor, Washington DC, serving the local nightlife scene with very high foot traffic. It offers a social gathering spot with excellent transit access and potential for event-driven growth.

Location & Competitors

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Neighborhood
trendy nightlife
Foot Traffic
very high
Parking
difficult
Transit Access
excellent - U St Metro
Nearby Landmarks
Union MarketH Street corridorAtlas Performing Arts

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Lyman's Tavern
0m
73/100
Strong
High
Zeba Bar
0.64km
47/100
Average
Medium
Bravo!
0.80km
75/100
Strong
High
Marx Cafe American Bar
0.97km
40/100
Weak
Medium

Competitive Summary

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

Financial Estimates

Financial Overview

Est. Revenue$1817K/year
Price Range$$$
Est. Employees13
Growth Potentialstable

Market Analysis

Market Size$12M local bar market
Target DemographicsYoung professionals 25-45, after-work crowd, weekend nightlife

Consumer Trends

Craft cocktail renaissanceNon-alcoholic optionsExperience-driven nightlife

Opportunities

  • Happy hour promos
  • Live entertainment
  • Private events

SWOT Analysis

Strengths

Internal advantages

  • •U Street Corridor nightlife location
  • •Social atmosphere
  • •Drink selection

Weaknesses

Areas for improvement

  • •Seasonal variation
  • •Noise complaints
  • •High license costs

Opportunities

External potential

  • •Happy hour promos
  • •Live entertainment
  • •Private events

Threats

External risks

  • •New competitors
  • •Economic downturn

Strategic Recommendations

Quick Wins

Implement this week

Social media events

Google Maps optimization

Happy hour email marketing

Growth Strategies

1-3 months

Brunch service

Trivia nights

Cocktail classes

Risks to Monitor

Ongoing vigilance

Gentrification pressure

Liability concerns

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

U Street Corridor Bar Crawl App

App organizing themed bar crawls featuring Red Derby with exclusive deals.

2

Cocktail Kit Delivery

Deliver Red Derby signature cocktail kits to DC residents.

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Bravo!

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Sauf Haus Bier Hall & Garten

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Digital Score

49/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$1817K/year
Digital Score49/100

Contact Info

3718 14th Street Northwest, Washington, DC, 20010-1321, 20010
+1 202-291-5000
Website
Most popular

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