Salon 718

Beauty & Spas · New York, NY

Business Summary

Salon 718 is a beauty and personal care business located in New York. The business operates in a growing wellness market with strong potential for client retention and service expansion. A digital score of 27/100 suggests opportunities to leverage online booking and social media.

Location & Competitors

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Neighborhood
Commercial
Foot Traffic
Heavy foot traffic during business hours
Parking
No dedicated parking
Transit Access
Near major transit hub
Nearby Landmarks
ParksOffice buildingsResidential complexesShopping center

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Miracles
0.16km
25/100
Weak
Medium
Doo's Barber Shop
0.16km
36/100
Weak
Medium
New Purity Nail Boutique
0.16km
26/100
Weak
Medium
Ladies & Gents Salon
0.16km
42/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$216,431
Industry Margin10-20%
Entry Cost$64,384

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

  • Walk-in convenience
  • Specialized skills

Weaknesses

Areas for improvement

  • Limited scalability
  • Price sensitivity in market

Opportunities

External potential

  • Product retail expansion
  • Social media marketing
  • Membership programs
  • Online booking system

Threats

External risks

  • Regulatory changes
  • Rising product costs
  • New salon openings

Strategic Recommendations

Quick Wins

Implement this week

Build Instagram presence

Offer referral discounts

Collect Google reviews

Growth Strategies

1-3 months

Retail branded products

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

27/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendSelf-care and wellness spending on the rise
Digital Score27/100

Contact Info

New York, NY
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Salon 718 stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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