Modern Barber Shop

Beauty & Spas · New York, NY

Business Summary

Modern Barber Shop is a New York-based hair salon at 35-61 77th Street, New York, NY, 11372. The business has developing digital presence with a score of 30/100. Growth opportunities exist through improved local SEO and social media engagement.

Location & Competitors

Loading map...
Neighborhood
suburban_mixed
Foot Traffic
medium
Parking
street
Transit Access
limited
Nearby Landmarks
Key FoodChase BankWalgreensStarbucks

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Isabel's Hair Salon
0m
40/100
Weak
Medium
78 Nail Spa
0m
75/100
Strong
High
Vincent's Hair Design
0.16km
55/100
Average
High
Crystal Fashion Hair
0.32km
38/100
Weak
Medium

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$847,000
Industry Margin12%
Entry Cost$109,000

Market Analysis

Market Size$48B (US)
Trendstable
Seasonalityholiday_peaks

Consumer Trends

personalized treatmentsluxury experience demandsubscription/membership models

SWOT Analysis

Strengths

Internal advantages

  • Loyal repeat customer base
  • Experienced staff and stylists
  • Specialized service offerings

Weaknesses

Areas for improvement

  • Competitive saturation in the area
  • Dependent on local foot traffic
  • Limited parking options

Opportunities

External potential

  • Optimize Google Business Profile for local SEO
  • Launch loyalty/membership program
  • Add complementary services (e.g., skincare, wellness)

Threats

External risks

  • Economic downturn reducing discretionary spending
  • Potential regulatory changes
  • Changing consumer preferences toward DIY/home care

Strategic Recommendations

Quick Wins

Implement this week

Set up online booking through Booksy, Vagaro, or Square

Create Instagram business profile showcasing before/after work

Collect and respond to Google reviews systematically

Growth Strategies

1-3 months

Partner with wedding planners and event organizers

Invest in local SEO to rank for neighborhood searches

Develop a monthly membership/subscription model

Risks to Monitor

Ongoing vigilance

Price wars with nearby competitors

Key staff departure without succession planning

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Beauty Subscription Box

Curate monthly beauty product boxes featuring products used at Modern Barber Shop, building brand loyalty and recurring revenue.

2

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.

3

Wellness & Beauty Hub

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

Digital Score

30/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendstable
Digital Score30/100

Contact Info

35-61 77th Street, New York, NY, 11372, 11372
Most popular

Unlock Full Analysis

Only 12% of businesses in this area have a growth strategy. Get a 20+ page deep-dive for Modern Barber Shop — financials, competitors, and a step-by-step action plan.

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