Lua lounge
90 Ferry St, Newark, NJ 07105
Newark, New Jersey, United States
Address
City: Newark
Neighborhood: Ironbound
State: New Jersey
Postal Code: 07105
Country: United States
Business facts
Estimated annual revenue~$355.5K
Estimated employees~4
In business since2023 (est.)
Estimate based on strong signals
Area statistics (07105)
Population56,696
Median household income$51,927
Source: US Census ACS
About
Lua lounge is located in Newark, New Jersey. This business is working in the following industry: Night Club.
💳
Credit Cards
Debit Card, NFC
🍽️
Dining Options
Delivery, Take-out, Table Service
ℹ️
Diversity Management
Woman Led
🍷
Drinks
Yes
👥
Good For Groups
Yes
🏳️🌈
LGBTQ Friendly
Yes
📖
Menus
Bar Snacks
🎵
Music
Live Music
🌿
Outdoor Seating
Yes
📅
Reservations
Yes
🚻
Restroom
Yes
♿
Wheelchair Accessible
Parking, Restroom, Seating, Yes
📶
Wi-Fi
Yes
Market analysis
Earning below its category median in a growing category (Night Club).
EstimateCategory trend: 2024, +7.1%
Revenue trend (modeled)
~$243.4K2019
~$191.9K2020
~$245.4K2021
~$292.3K2022
~$339.3K2023
~$355.5K2024
Modeled from official industry statistics+7.9%/yr since 201980% confidence band: ±42%
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Night Club in New Jersey | 411 | ~$336.4M | ~$818.5K | ~$573.9K | 4.0★ | 0.6× |
Category revenue trend2024: +7.1%2023: +10.4%2022: +15.8%2021: +17.1%Modeled from business-level estimates
Chain pressure233 chains expanding in this category, led by South Lawn, Conant Park, Weltz Park (+1,687 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 1,347 | ~$1.5B | ~$1.1M | ~$480.9K | 5,344 | ~$439.2M | 0.7× |
| Accommodation and food service activities | 182 | ~$162.7M | ~$894.0K | — | 1,145 | — | — |
| Arts, entertainment and recreation | 23 | ~$30.4M | ~$1.3M | — | 103 | — | — |
1 km area (all businesses): median from the 1,133 of 1,347 businesses with estimates
Estimate
Area conditions (07105)
Population56,696 ±2,112
Median household income$51,927 ±$2,964
Median home value$430,000
Bachelor's degree or higher0.1%
Unemployment rate0.1%
Source: US Census ACS