Seeking a location for a Storefront / Bar / Restaurant?
Consider the following:

• Are you interested in particular neighborhoods? Why?
• What neighborhoods are you considering, how do they differ?
• Who is your competition in the area?
• Will your customers come from the immediate neighborhood or are you a destination location?
• If customers come from the immediate neighborhood, who lives locally and is your merchandise compatible with the demographic?
• Do the locals have disposable income?
• Does the location have good foot traffic and visibility?
• What kind of signage can you have?
• Are there local merchant associations that can help you grow?
• Can you hire from the immediate neighborhood?
• What kind of building do you want to be in?
• Who are the neighboring tenants?

Many retailers calculate sales per square foot to see profit ratio.
Total Net Sales ÷ Total Floor Area = Sales Per Square Foot

And here are NYC’s Liquor License Rules for serving alcohol.