Praneeth Patlola: Density & Population Matters for Bars

Anyone who want to setup a bar already knows that the "LOCATION" is the most critical attribute for his business. All the sales depends on where you are located and how accessible you are to your customers. Usually downtown draws more crowd as being a traditional place of business. I was comparing the numbers of downtown individual bar sales to that of neighborhood bar sales and saw that neighborhood bars are better.

The exotic lake side bars(Oasis,carlos n charlies ..) cashin few extra points for the view. The population and density of a particular area is one of the most critical point to be considered if someone wants to run a safer game rather than experimenting on lakeside. Few bars like Sherlocks, Trudy's, CoolRiver, Z'Tejas, Chuy's, trulucks have huge sales compared to other individual bars located in downtown. Talking about campus cain & ables, hole in the wall, trudy's , spider house, crown and anchor cater to the college crowd have high sales number always.

Any neighbourhood bar within a high density area has a higher probability of success. The zip code area 78705 has the highest density in Austin which is the campus area and looking at the sales of cain and ables, the new place cuatros it does make sense.

I still have a little confusion about judging between density and population. As there are higher denser places with less population compared to other areas, it is hard to fix up on which one to pick. Nontheless, having an avg. population with good density or having avg. density with good population will always be something to consider.

Below is a chart of population and density classified as per zip code.

Chartlink

(click on the image to enlarge)