Setsu Hair

Beauty & Spas · New York, NY

Business Summary

Setsu Hair is a hair salon located in 298 Degraw Street. With a digital score of 25/100, there is significant opportunity to strengthen online visibility and attract more customers. The business operates in the competitive New York beauty & spas market with solid fundamentals for growth.

Location & Competitors

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Neighborhood
commercial
Foot Traffic
very high
Parking
limited street parking
Transit Access
subway and bus accessible
Nearby Landmarks
Chase BankDunkin'Planet Fitness

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
JZ Nails
0m
48/100
Average
Medium
D & Y Nail Spa
0m
39/100
Weak
Medium
Sphere Hair
0.16km
62/100
Average
High
Smith Nail
0.16km
59/100
Average
High

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$1,555,152
Industry Margin46%
Entry Cost$51,329

Market Analysis

Market Size$3.5B (US nail salon market)
TrendSustainable and clean beauty products growing
SeasonalitySteady year-round with spikes in spring and holiday season

Consumer Trends

Growing demand for eco-friendly and clean beauty

SWOT Analysis

Strengths

Internal advantages

  • Niche focus on hair salon services allows specialization
  • Strong potential for repeat customer base
  • New York's diverse clientele offers broad market appeal

Weaknesses

Areas for improvement

  • Limited differentiation from nearby competitors
  • Dependence on walk-in traffic without strong online presence
  • High competition density in the New York beauty market

Opportunities

External potential

  • Partner with local businesses for cross-promotions
  • Expand digital marketing and social media presence
  • Introduce trending services to attract new demographics

Threats

External risks

  • Economic downturn could reduce discretionary beauty spending
  • Rising operational costs in New York City
  • Changing consumer preferences and beauty trends

Strategic Recommendations

Quick Wins

Implement this week

Offer express blowout services

Create Instagram before/after portfolio

Introduce loyalty rewards program

Growth Strategies

1-3 months

Develop subscription-based styling plans

Offer bridal and event styling packages

Launch hair care product retail line

Risks to Monitor

Ongoing vigilance

Changing consumer preferences and beauty trends

Economic downturn could reduce discretionary beauty spending

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Eco-Friendly Hair Salon Concept

A sustainable hair salon using only organic, cruelty-free products and eco-conscious practices, targeting the growing green beauty market.

2

Mobile Hair Salon Service

On-demand hair salon services delivered to clients' homes or offices in the New York area, leveraging the gig economy model.

3

AI-Powered Hair Salon Booking Platform

Smart booking platform that matches clients with hair salon providers based on preferences, availability, and reviews.

Digital Score

25/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendSustainable and clean beauty products growing
Digital Score25/100

Contact Info

298 Degraw Street, New York, NY, 11231, 11231
Used by 200+ businesses

What Top Competitors Already Know

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

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