110 Lucky Barber

Beauty & Spas · New York, NY

Business Summary

110 Lucky Barber is a barbershop serving the Murray Hill community in New York City. The barbershop industry in NYC remains resilient with strong demand for men's grooming services. Improving digital presence through social media and online booking could significantly boost client volume.

Location & Competitors

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Neighborhood
transit-oriented commercial
Foot Traffic
moderate
Parking
limited street parking
Transit Access
limited transit - bus only
Nearby Landmarks
Chase BankDollar TreeWalgreensCVS

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Lifestyle Hair Salon
0.64km
70/100
Strong
High
Best Barber Shop
0.80km
66/100
Average
High
New Ten Nail
0.80km
81/100
Strong
High
Punjab Unisex Salon
0.80km
49/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 2 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$335K
Industry Margin17%
Entry Cost$79K

Market Analysis

Market Size$1.7B (NYC metro)
Trendgrowing
SeasonalitySteady year-round with slight peaks before holidays and summer

Consumer Trends

social media-driven style trendsbeard care and stylingloyalty programs

SWOT Analysis

Strengths

Internal advantages

  • Established in Murray Hill
  • Strong community ties

Weaknesses

Areas for improvement

  • Limited service menu
  • Competition from chain salons

Opportunities

External potential

  • Add premium grooming products retail
  • Partner with local men's brands

Threats

External risks

  • Barber poaching by competitors
  • New chain barbershop entries

Strategic Recommendations

Quick Wins

Implement this week

Claim and optimize Google Business listing

Offer referral discounts

Growth Strategies

1-3 months

Add premium services (hot towel, facials)

Build barber training program

Risks to Monitor

Ongoing vigilance

Key barber departure risk

Seasonal dips in walk-ins

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Men's Grooming Subscription

Monthly subscription for haircuts plus curated grooming products delivered to door, building on the barbershop's local reputation.

2

Barber Booking App

Neighborhood-specific booking app connecting Murray Hill residents with available barber chairs in real-time, reducing wait times.

3

Pop-Up Barber Events

Mobile barbershop service for corporate offices, gyms, and events across NYC, extending the brand beyond the physical location.

Digital Score

45/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendgrowing
Digital Score45/100

Contact Info

New York, NY
Most popular

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