5 Star Hair Salon

Beauty & Spas · New York, NY

⚠️This business appears to be permanently closed. Information shown may be outdated.

Business Summary

5 Star Hair Salon is a hair salon located in Woodside, Queens, providing a range of hair care and styling services to the local community. Situated on a high-traffic commercial strip, the salon benefits from steady walk-in traffic. With a digital score of 67/100, enhancing online presence could help attract new customers beyond the immediate area.

Location & Competitors

Loading map...
Neighborhood
mixed residential-commercial, Woodside
Foot Traffic
high
Parking
limited street parking
Transit Access
7 train (61st St-Woodside), LIRR Woodside
Walkability
85+
Demographics
diverse (large Asian, Hispanic, Irish populations)
Area Income
$75,000–$85,000
Nearby Landmarks
restaurant rowretail stripsubway station

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Star Nail Plus
0m
26/100
Weak
Medium
Top Style Salon
0.16km
38/100
Weak
Medium
PB Professional Brows
0.16km
62/100
Average
High
House of Glamour
0.16km
60/100
Average
High

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$612,756
Industry Margin15-25%
Entry Cost$68,000

Market Analysis

Market SizeThe hair salon market in Queens, NYC is valued at approximately $148M annually with over 2081 establishments
Trendstable
SeasonalityModerate - peaks before holidays, prom, and wedding seasons

Consumer Trends

Increasing demand for personalized beauty servicesGrowing preference for organic and natural productsRising importance of online reviews and social media presenceSelf-care and wellness trend driving repeat visits

SWOT Analysis

Strengths

Internal advantages

  • Versatile service menu (cuts, color, styling)
  • Strong local brand recognition
  • Walk-in and appointment flexibility
  • Community-oriented business

Weaknesses

Areas for improvement

  • High local competition
  • Stylist retention challenges
  • Inconsistent online presence
  • Price sensitivity in market

Opportunities

External potential

  • Expand digital marketing and social media presence
  • Tap into Woodside's diverse demographics
  • Introduce subscription or membership models
  • Partner with local events and community organizations

Threats

External risks

  • Increasing competition from new entrants
  • Rising rent costs in Queens neighborhoods
  • Economic downturns reducing discretionary spending
  • Shift to DIY beauty tutorials and at-home products

Strategic Recommendations

Quick Wins

Implement this week

Claim and optimize Google Business Profile

Set up online booking system

Start collecting customer email addresses for promotions

Growth Strategies

1-3 months

Add specialty services (keratin, balayage, extensions)

Launch loyalty rewards program

Develop social media content strategy with transformations

Risks to Monitor

Ongoing vigilance

Over-expansion without adequate cash reserves

Losing key staff to competitors

Neglecting online reputation management

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Mobile Hair Salon Service in Woodside

Launch an on-demand mobile hair salon service targeting busy professionals and elderly residents in Woodside who prefer at-home beauty treatments.

2

Beauty Booking Platform for Queens Hair Salons

Create a hyperlocal booking app connecting Woodside residents with nearby hair salons, featuring real-time availability, reviews, and loyalty rewards.

3

Eco-Friendly Hair Salon Concept

Open a sustainable hair salon in Woodside using only organic products, zero-waste practices, and energy-efficient equipment to appeal to eco-conscious consumers.

Digital Score

67/ 100
Good

Business Details

Yelp Rating
3
Price Range$15–$20
HoursMonday–Sunday: 10:00 AM–8:00 PM
Services
balayageblow drychildren's haircutcurly hair serviceshair coloringextensionsweaveshighlightskeratin treatmentpermpermanent straightening

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendstable
Digital Score67/100

Contact Info

59-09 Roosevelt Avenue, New York, NY, 11377, 11377

One Report. Clear Next Steps.

Stop guessing. Get a custom growth strategy for 5 Star Hair Salon with revenue forecasts, market gaps, and prioritized recommendations you can act on this week.

Coming soon • Instant delivery in 5 minutes • Money-back guarantee