Franks Barbershop

Beauty & Spas · New York, NY

Business Summary

Franks Barbershop is a beauty and personal care business located in 66A Argyle Road. The business operates in a growing wellness market with strong potential for client retention and service expansion. A digital score of 41/100 suggests opportunities to leverage online booking and social media.

Location & Competitors

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Neighborhood
Shopping District
Foot Traffic
High foot traffic area
Parking
No dedicated parking
Transit Access
Good transit connectivity
Nearby Landmarks
Residential complexesShopping centerHospitals

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
El Angel
0m
49/100
Average
Medium
Bani Barbershop
0.48km
36/100
Weak
Medium
L. F. De Mc Enterprise Hair Braiding
0.64km
65/100
Average
High
Draxx's Cuts
0.64km
68/100
Average
High

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$355,928
Industry Margin10-20%
Entry Cost$166,352

Market Analysis

Market Size$100B+ US beauty and personal care market
TrendSelf-care and wellness spending on the rise
SeasonalityWedding season peaks spring-summer; holiday gift season in Q4

Consumer Trends

Clean beauty, personalized treatments, wellness integration, mobile booking

SWOT Analysis

Strengths

Internal advantages

  • Community reputation
  • Personal relationships with customers
  • Loyal repeat clientele
  • Specialized skills

Weaknesses

Areas for improvement

  • Staff turnover
  • Seasonal demand fluctuations

Opportunities

External potential

  • Membership programs
  • Product retail expansion
  • Influencer partnerships
  • Social media marketing

Threats

External risks

  • Rising product costs
  • DIY beauty trends

Strategic Recommendations

Quick Wins

Implement this week

Implement online booking

Collect Google reviews

Build Instagram presence

Growth Strategies

1-3 months

Launch membership program

Add complementary services

Risks to Monitor

Ongoing vigilance

Over-reliance on single service type

Key employee departure

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Beauty Service Marketplace

App connecting clients with independent beauty professionals for at-home or in-studio services.

2

AI Beauty Consultation Tool

Virtual consultation platform using AI to recommend personalized beauty treatments and products.

Digital Score

41/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendSelf-care and wellness spending on the rise
Digital Score41/100

Contact Info

66A Argyle Road, New York, NY, 11218, 11218
Most popular

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