Another Barber Shop
Beauty & Spas · Chicago, IL
Business Summary
At 843 East 47th Street, Chicago, IL, 60653 in Back of the Yards/Brighton Park, Chicago, Another Barber Shop is a trusted beauty & spas destination. The business thrives in a dynamic urban setting where personal grooming and self-care are high-priority lifestyle needs, drawing a loyal customer base through quality service and competitive pricing.
Location & Competitors
Competitive Landscape
| Business | Distance | Digital Score | Threat Level |
|---|---|---|---|
Unknown | 0m | 50/100 Average | Medium |
Unknown | 0m | 50/100 Average | Medium |
Unknown | 0m | 50/100 Average | Medium |
Unknown | 0m | 50/100 Average | Medium |
Competitive Summary
Showing 4 of 5 competitors within 5km.
Financial Estimates
Market Analysis
SWOT Analysis
Strengths
Internal advantages
- •Community-oriented atmosphere creates loyal customer base and referrals
- •Growing men's grooming market expanding average ticket value with premium services
Weaknesses
Areas for improvement
- •Limited service menu restricts average ticket value growth
- •Price sensitivity in men's grooming limits premium positioning
- •High barber turnover disrupts client relationships and revenue
Opportunities
External potential
- •Offer mobile or on-location services for events, weddings, and corporate wellness days
- •Introduce retail product sales (haircare, skincare, tools) to increase per-visit revenue by 15-25%
- •Build an active Instagram and TikTok presence showcasing before/after transformations and behind-the-scenes content
Threats
External risks
- •Labor shortage of licensed beauty professionals driving up wages and limiting growth capacity
- •Increasing competition from new beauty establishments and mobile service providers in the area
Strategic Recommendations
Quick Wins
Implement this week
Growth Strategies
1-3 months
Risks to Monitor
Ongoing vigilance
Startup Ideas
AI-generated business opportunities inspired by this analysis
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Digital Score
Quick Stats
Contact Info
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