Ol' Time Barber Shop

Beauty & Spas · New York, NY

Business Summary

Ol' Time Barber Shop is a beauty & spas business located in New York, NY with a strong digital presence scoring 66/100. The business operates in a moderate-to-high foot traffic area with excellent transit access. There are opportunities to strengthen online visibility and expand service offerings in the competitive NYC beauty & spas market.

Location & Competitors

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Neighborhood
residential-commercial
Foot Traffic
moderate-to-high
Parking
nearby parking garage
Transit Access
excellent - major transit hub nearby
Nearby Landmarks
major retail storesrestaurants and cafes

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Cornerboy's Haircrafters
0m
72/100
Strong
High
Boubar Barbershop
0.16km
36/100
Weak
Medium
Vincent's Barber Shop
0.64km
81/100
Strong
High
Jennifer's Beauty World
0.64km
51/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 2 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$1,324,000
Industry Margin12-18%
Entry Cost$110,000

Market Analysis

Market Size$48B beauty services industry in the US
Trendgrowing
SeasonalityPeak demand during prom season (April-June), holidays (November-December), and wedding season (May-October)

Consumer Trends

Male grooming market expansionClean beauty and organic products

SWOT Analysis

Strengths

Internal advantages

  • Low inventory overhead compared to retail
  • Flexible service menu customization

Weaknesses

Areas for improvement

  • Dependent on individual stylist talent
  • High staff turnover in beauty industry
  • Rising commercial rent in NYC

Opportunities

External potential

  • Expand male grooming services
  • Partner with wedding planners and event venues

Threats

External risks

  • At-home beauty device technology improving
  • Rising rent costs in NYC neighborhoods
  • Regulatory changes for beauty licensing

Strategic Recommendations

Quick Wins

Implement this week

Offer first-visit discount to build clientele

Implement online booking system

Growth Strategies

1-3 months

Launch loyalty app with points system

Build influencer partnerships for social proof

Add specialized services (keratin, extensions, microblading)

Risks to Monitor

Ongoing vigilance

Liability from allergic reactions to products

Health code violations

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Beauty Service Marketplace

Platform connecting independent beauty professionals with clients, featuring real-time availability and reviews

2

Virtual Try-On Mirror

AR-powered smart mirror for salons that lets clients preview styles, colors, and treatments before committing

3

Salon Supply Subscription Box

Monthly curated box of professional-grade beauty products for at-home maintenance between salon visits

Digital Score

66/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendgrowing
Digital Score66/100

Contact Info

7 Newkirk Plaza, New York, NY, 11226, 11226

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