Cascalote

4.8★★★★★(864 reviews)

2126 2nd Ave, New York, NY 10029

New York City, United States

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Business facts

Estimated annual revenue~$420.1K
Estimated employees~7
Annual payroll (2021)~$96.1K
In business since2013
Based on reported payroll data

Contacts

President

Waitress

Waitress

Customer

Area statistics (10029)

Population75,614
Median household income$35,640
Source: US Census ACS

About

Cascalote offers a fusion of Latin dishes from Peru, Colombia, and Mexico in the heart of Spanish Harlem. The restaurant provides a diverse and flavorful culinary experience for customers seeking a mix of traditional and innovative Latin cuisine.

🏪
Ambience
Classy, Casual
🚲
Bike Parking
Yes
🍴
Catering
Yes
💳
Credit Cards
American Express, Debit Card, Discover, Mastercard, NFC, Visa, Yes
🍽️
Dining Options
Delivery, Take-out, Table Service, Walk-ins
ℹ️
Diversity Management
Woman Led
👔
Dress Code
Casual
🍷
Drinks
Yes
👥
Good For Groups
Yes
👶
Good For Kids
Yes
🏳️‍🌈
LGBTQ Friendly
Yes
📖
Menus
Bar Snacks, Breakfast, Brunch, Coffee, Dessert, Dinner, Lunch
🔊
Noise Level
Average
🌿
Outdoor Seating
No
🅿️
Parking
Street Parking
🐾
Pet-friendly
No
ℹ️
Popular With
Tourists
💰
Price
$$
📅
Reservations
Yes
🚻
Restroom
Yes
📺
TVs
Yes
Wheelchair Accessible
Parking, Restroom, Seating, Yes
📶
Wi-Fi
No
Categories: Latin american restaurants, Bistro.
ISIC Codes: 5610.

Market analysis

Earning above its category median in a growing category (Latin american restaurants).

EstimateCategory trend: 2024, +4.1%

Revenue trend (modeled)

~$373.9K2019
~$186.0K2020
~$248.9K2021
~$363.7K2022
~$405.0K2023
~$420.1K2024
Modeled from official industry statistics+2.4%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2013 (NY)
Employees (reported band)17
Observed

Property

Lot size1,938 sq ft
Land use04
CountyNew_york
Parcel ownerBOND, HOWARD J JR
On this lotshared with 1 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$6.0K · 6 jobs reported
EIDL disaster loan (2020)$85.0K
PPP loan (2020)$20.0K · 10 jobs reported · implies ~$96.1K annual payroll · $20.3K forgiven
Second PPP loan (2021)$28.0K · 7 jobs reported · $28.5K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Latin american restaurants in New York1,164~$605.5M~$520.2K~$261.2K4.2★1.6×
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure1,041 chains expanding in this category, led by Dunkin, Burger Hut, Domino's Pizza (+5,946 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)2,244~$2.7B~$1.2M~$466.7K8,813~$733.5M0.9×
Accommodation and food service activities289~$176.6M~$610.9K1,656

1 km area (all businesses): median from the 1,970 of 2,244 businesses with estimates

Estimate

Area conditions (10029)

Population75,614 ±3,164
Median household income$35,640 ±$5,012
Median home value$735,700
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
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