Solomon's Classic Barber Shop

Beauty & Spas · New York, NY

Business Summary

Solomon's Classic Barber Shop is a beauty and personal care business located in 104 West 96th Street. The business operates in a growing wellness market with strong potential for client retention and service expansion. A digital score of 57/100 suggests opportunities to leverage online booking and social media.

Location & Competitors

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Neighborhood
Residential
Foot Traffic
Heavy foot traffic during business hours
Parking
Public lot within walking distance
Transit Access
Near major transit hub
Nearby Landmarks
Office buildingsMajor subway stationCultural venuesResidential complexes

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
West 96 Nails & Spa
0m
43/100
Weak
Medium
Satori Laser
0.16km
33/100
Weak
Medium
Spa Boutique
0.16km
71/100
Strong
High
Lucy's Hair Studio
0.32km
44/100
Weak
Medium

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$199,744
Industry Margin10-20%
Entry Cost$50,436

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

  • Specialized skills
  • Walk-in convenience

Weaknesses

Areas for improvement

  • Staff turnover
  • Price sensitivity in market
  • Seasonal demand fluctuations

Opportunities

External potential

  • Product retail expansion
  • Online booking system
  • Influencer partnerships

Threats

External risks

  • Rising product costs
  • New salon openings

Strategic Recommendations

Quick Wins

Implement this week

Collect Google reviews

Offer referral discounts

Implement online booking

Growth Strategies

1-3 months

Retail branded products

Add complementary services

Risks to Monitor

Ongoing vigilance

Lease cost increases

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

57/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendSelf-care and wellness spending on the rise
Digital Score57/100

Contact Info

104 West 96th Street, New York, NY, 10025, 10025

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