M & D's Beauty Spot #1

Beauty & Spas · New York, NY

Business Summary

M & D's Beauty Spot #1 is a New York-based hair salon at 247 Parkside Avenue, New York, NY, 11225. The business has established digital presence with a score of 76/100. Growth opportunities exist through improved local SEO and social media engagement.

Location & Competitors

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Neighborhood
urban_mixed
Foot Traffic
medium
Parking
street
Transit Access
bus_nearby
Nearby Landmarks
Chase BankCVSMcDonald'sPopeyes

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Colleens House of Beauty
0m
25/100
Weak
Medium
Amy Hair Braiding
0.16km
32/100
Weak
Medium
High Profile Nails
0.16km
58/100
Average
High
Exodus Barbers
0.16km
71/100
Strong
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$1,319,000
Industry Margin10%
Entry Cost$145,000

Market Analysis

Market Size$48B (US)
Trendemerging
Seasonalityholiday_peaks

Consumer Trends

male grooming growthpersonalized treatmentsexpress/quick services

SWOT Analysis

Strengths

Internal advantages

  • Established hair salon with local brand recognition
  • Experienced staff and stylists
  • Located in urban mixed area of New York

Weaknesses

Areas for improvement

  • Digital presence score of 76/100 indicates improvement needed
  • Limited parking options
  • Limited online booking capabilities

Opportunities

External potential

  • Add complementary services (e.g., skincare, wellness)
  • Launch loyalty/membership program
  • Offer mobile/at-home services

Threats

External risks

  • Potential regulatory changes
  • Changing consumer preferences toward DIY/home care
  • Rising commercial rents in New York

Strategic Recommendations

Quick Wins

Implement this week

Add business to Yelp, StyleSeat, and local directories

Launch a simple referral discount program

Collect and respond to Google reviews systematically

Growth Strategies

1-3 months

Invest in local SEO to rank for neighborhood searches

Expand service menu with trending treatments

Develop a monthly membership/subscription model

Risks to Monitor

Ongoing vigilance

Price wars with nearby competitors

Over-expansion without stable cash flow

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Beauty Education Studio

Offer classes and workshops teaching DIY beauty techniques, leveraging the expertise of M & D's Beauty Spot #1's professionals.

2

Wellness & Beauty Hub

Expand the hair salon concept into a full wellness destination combining beauty services with meditation, yoga, and nutrition counseling.

3

Eco-Beauty Concept

Launch a zero-waste beauty salon using exclusively sustainable, organic products and eco-friendly practices to tap into the growing green consumer market.

Digital Score

76/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendemerging
Digital Score76/100

Contact Info

247 Parkside Avenue, New York, NY, 11225, 11225
Used by 200+ businesses

What Top Competitors Already Know

See exactly how M & D's Beauty Spot #1 stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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