Bayside Famous Barbershop

Beauty & Spas · New York, NY

Business Summary

Bayside Famous Barbershop is a barbershop serving the Williamsburg 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
mixed residential-commercial
Foot Traffic
low
Parking
street parking only
Transit Access
subway within 2 blocks
Nearby Landmarks
Key FoodStarbucks

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Fei Fei Nail Spa
1.61km
38/100
Weak
Medium
Springfield Barber & Hair Styling
1.61km
34/100
Weak
Low
M & M Beauty Box
1.61km
76/100
Strong
High
Hair Sketch
1.61km
58/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$346K
Industry Margin22%
Entry Cost$143K

Market Analysis

Market Size$1.5B (NYC metro)
Trendstable
SeasonalitySteady year-round with slight peaks before holidays and summer

Consumer Trends

loyalty programssocial media-driven style trends

SWOT Analysis

Strengths

Internal advantages

  • Established in Williamsburg
  • Repeat clientele model

Weaknesses

Areas for improvement

  • Dependent on barber talent retention
  • Competition from chain salons

Opportunities

External potential

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

Threats

External risks

  • Rising rent costs
  • DIY grooming trend post-pandemic

Strategic Recommendations

Quick Wins

Implement this week

Post daily cuts on Instagram

Set up Square/online booking

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 Williamsburg 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

46/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendstable
Digital Score46/100

Contact Info

212-28 48th Avenue, Bayside, NY, 11364, 11364

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