Myra's Hair Styling

Beauty & Spas · Denver, CO

Business Summary

Myra's Hair Styling is a beauty & spas business located at 3141, Federal Boulevard, Denver, CO, 80211. Situated in Denver's Federal area, it offers personalized services in a diverse urban corridor neighborhood with moderate-high foot traffic.

Location & Competitors

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Neighborhood
diverse urban corridor
Foot Traffic
moderate-high
Parking
street and lot parking
Transit Access
RTD Federal bus line
Nearby Landmarks
Mi Pueblo MarketWalmartFederal Center

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Laser Beauty Works
0.48km
25/100
Weak
Low
Salon 29
0.64km
36/100
Weak
Medium
Piper's Parlor
0.64km
49/100
Average
Medium
Vida Salon
0.80km
54/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$150K-400K/year
Price Range$$
Est. Employees1-3
Growth Potentialhigh with service expansion

Market Analysis

Market Size$8-15M trade area
Target Demographicswomen 25-54, professionals seeking self-care

Consumer Trends

rise of membership and subscription beauty modelsgrowth in men's grooming and barbershop culturedemand for organic/clean beauty products

Opportunities

  • offer mobile/at-home services
  • launch online booking system

SWOT Analysis

Strengths

Internal advantages

  • unique atmosphere and branding
  • flexible scheduling and personalized experience
  • skilled stylists with loyal following

Weaknesses

Areas for improvement

  • limited online presence and booking
  • limited marketing budget

Opportunities

External potential

  • growing self-care and wellness market
  • corporate wellness partnerships

Threats

External risks

  • suite rental model fragmenting market
  • economic downturn reducing discretionary beauty spend

Strategic Recommendations

Quick Wins

Implement this week

post before/after photos on Instagram weekly

claim Google Business Profile with photos

Growth Strategies

1-3 months

launch membership packages for recurring revenue

build email list for promotions and rebooking

Risks to Monitor

Ongoing vigilance

rising rent in desirable Denver locations

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Salon Supply Marketplace

B2B marketplace connecting Denver salons like Myra's Hair Styling with wholesale beauty suppliers, cutting costs through group purchasing.

2

Beauty Booking Aggregator

Platform aggregating availability across salons like Myra's Hair Styling in Federal, letting clients find last-minute openings nearby.

Digital Score

51/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$150K-400K/year
Digital Score51/100

Contact Info

3141, Federal Boulevard, Denver, CO, 80211, 80211

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