This document discusses potential locations for a new business called Geeks Hangout Bar & Grill in the Tampa/St. Pete area. It analyzes competitors in the local beer market, including World of Beer, Dunedin House of Beer, and Rapp Brewery. It provides a SWOT analysis that identifies strengths, weaknesses, opportunities and threats for the competitors. The target market for Geeks Hangout Bar & Grill is identified as geeks, nerds, and Trekkies over age 21, with over 33,000 potential customers in that demographic locally.
4. Competition
Sales Revenue Expenses 2012 Credit Rating 2012
2012
Name
World of $20,668,000 $5,652,000 B+
Beer
Dunedin
House of $3,300,000 $1,026,000 C
Beer
RAPP $4,965,000 $1,031,500 U
Brewery
Per Referenceusa.com
5. SWOT
Strengths Weaknesses Opportunities Threats
Highest quality Expensive; Offer lower
brews; Most Advertising prices, spend
World of variety; Highly more on
none
Educated staff advertising. &
Beer guerilla
marketing
Good Beer, Management; Narrower focus Better
Dunedin medium to Advertising; on beer managed
House high prices. offer too many
beers on tap
selection. company will
own them.
of Beer
High quality Only 4 types of Own their Finances/
Rapp home made
beer; won best
beer. Closed
Mondays/Tues
niche of high
quality home
credit rating is
unknown
Brewery new Florida days/half day brewed beer
brewery. Sunday