The Golden Barber Shop

Beauty & Spas · New York, NY

Business Summary

The Golden Barber Shop is a barbershop located in 1753 Lexington Avenue. With a digital score of 43/100, 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
suburban commercial
Foot Traffic
very high
Parking
nearby parking garage
Transit Access
moderate transit access
Nearby Landmarks
McDonald'sWalgreens

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Salgado Barber Shop
0m
48/100
Average
Medium
Margarita Beauty Salon
0.16km
64/100
Average
High
DJ Barber Shop
0.16km
67/100
Average
High
Angela Beauty Salon Unisex Barber Shop
0.16km
51/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$494,101
Industry Margin44%
Entry Cost$73,646

Market Analysis

Market Size$4.8B (US hair care services)
TrendMen's grooming market growing 6% annually
SeasonalitySteady year-round with spikes in spring and holiday season

Consumer Trends

Increasing preference for online booking and convenience

SWOT Analysis

Strengths

Internal advantages

  • Established barbershop presence in New York market
  • Niche focus on barbershop services allows specialization
  • Strong potential for repeat customer base

Weaknesses

Areas for improvement

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

Opportunities

External potential

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

Threats

External risks

  • Intense local competition from established brands
  • New market entrants with aggressive pricing
  • Changing consumer preferences and beauty trends

Strategic Recommendations

Quick Wins

Implement this week

Add online booking system

Partner with local men's clothing stores

Launch loyalty punch card program

Growth Strategies

1-3 months

Expand to mobile barbering for events

Build referral rewards program

Offer grooming workshops

Risks to Monitor

Ongoing vigilance

Intense local competition from established brands

Economic downturn could reduce discretionary beauty spending

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Eco-Friendly Barbershop Concept

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

2

AI-Powered Barbershop Booking Platform

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

3

Barbershop Subscription Box

Monthly curated box of barbershop-related products and treatments, building recurring revenue and brand loyalty.

Digital Score

43/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendMen's grooming market growing 6% annually
Digital Score43/100

Contact Info

1753 Lexington Avenue, New York, NY, 10029, 10029
Used by 200+ businesses

What Top Competitors Already Know

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

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