Chopsmith

Restaurants · Washington, DC

Business Summary

Chopsmith is a vietnamese restaurant in Washington DC's Southwest neighborhood at 11 District Square Southwest, Washington, DC, 20024. The restaurant has a moderate digital presence (58/100) and could benefit from targeted marketing to DC's growing residential community.

Location & Competitors

Loading map...
Neighborhood
Urban waterfront/Wharf district
Foot Traffic
High - The Wharf development
Parking
Garage parking, metered street
Transit Access
Waterfront Metro (Green Line)
Nearby Landmarks
The WharfArena StageDC Fish Market

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Grazie Grazie
0m
43/100
Weak
Medium
ilili
0m
53/100
Average
High
Bistro du Jour
0m
74/100
Strong
High
NaRa-Ya
0m
41/100
Weak
Medium

Competitive Summary

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

Financial Estimates

Financial Overview

Est. Revenue$2,039,000/year
Price Range$$$$
Est. Employees35
Growth PotentialModerate

Market Analysis

Market Size$3.4B DC metro restaurant market
Target DemographicsYoung professionals (25-40), government workers, Georgetown University community

Consumer Trends

Catering to government events marketPlant-based menu items growing 23% YoYSocial media driven discovery (TikTok/Instagram)

Opportunities

  • Untapped congressional catering market
  • DC tourism (24M annual visitors) driving weekend traffic
  • Wharf development bringing new foot traffic

SWOT Analysis

Strengths

Internal advantages

  • Located in Southwest - urban waterfront/wharf district
  • Access to Waterfront Metro (Green Line)
  • Proximity to The Wharf
  • Strong local following

Weaknesses

Areas for improvement

  • No loyalty/rewards program
  • Inconsistent review management
  • Weak social media engagement

Opportunities

External potential

  • Weekend brunch market
  • Government event catering contracts
  • Embassy/diplomatic event catering

Threats

External risks

  • Labor shortage in hospitality sector
  • Third-party delivery platform dependency
  • Supply chain disruptions affecting food costs

Strategic Recommendations

Quick Wins

Implement this week

Optimize Google Business Profile with updated photos and hours

Launch targeted Instagram Reels showcasing signature dishes

Create Google Ads campaign targeting 'restaurants near [landmark]'

Growth Strategies

1-3 months

Create loyalty app targeting repeat government worker lunch crowd

License signature sauces/products for retail

Partner with DC tourism board for visitor guides

Risks to Monitor

Ongoing vigilance

Supply chain disruptions affecting food costs

Third-party delivery platform dependency

Labor shortage in hospitality sector

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

DC Gov Lunch Delivery Network

Subscription lunch delivery specifically for federal buildings and congressional offices, navigating security protocols with pre-approved vendor status.

2

Federal Worker Meal Plan

Pre-paid monthly meal subscription for government employees with participating restaurants near federal buildings.

Digital Score

58/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$2,039,000/year
Digital Score58/100

Contact Info

11 District Square Southwest, Washington, DC, 20024, 20024

One Report. Clear Next Steps.

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

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