The Masters Barber Shop
Beauty & Spas · New York, NY
Business Summary
The Masters Barber Shop is a barbershop serving the Ridgewood community in New York City. The barbershop industry in NYC remains resilient with strong demand for men's grooming services. The shop maintains a reasonable digital footprint that supports customer acquisition.
Location & Competitors
Competitive Landscape
| Business | Distance | Digital Score | Threat Level |
|---|---|---|---|
| Camila Nails Salon | 0m | 33/100 Weak | Medium |
| J's Beauty Salon | 0m | 53/100 Average | High |
| Rong Beauty Salon | 0m | 27/100 Weak | Medium |
| Hoor Beauty Salon | 0m | 54/100 Average | High |
Competitive Summary
Showing 4 of 4 competitors within 5km.
Financial Estimates
Financial Overview
Market Analysis
Consumer Trends
SWOT Analysis
Strengths
Internal advantages
- •Established in Ridgewood
- •Walk-in convenience
Weaknesses
Areas for improvement
- •Dependent on barber talent retention
- •Competition from chain salons
Opportunities
External potential
- •Expand to beard/skincare services
- •Partner with local men's brands
Threats
External risks
- •Barber poaching by competitors
- •DIY grooming trend post-pandemic
Strategic Recommendations
Quick Wins
Implement this week
Claim and optimize Google Business listing
Offer referral discounts
Growth Strategies
1-3 months
Launch grooming product line
Open second location
Risks to Monitor
Ongoing vigilance
Neighborhood gentrification/rent hikes
Seasonal dips in walk-ins
Startup Ideas
AI-generated business opportunities inspired by this analysis
Men's Grooming Subscription
Monthly subscription for haircuts plus curated grooming products delivered to door, building on the barbershop's local reputation.
Barber Booking App
Neighborhood-specific booking app connecting Ridgewood residents with available barber chairs in real-time, reducing wait times.
Pop-Up Barber Events
Mobile barbershop service for corporate offices, gyms, and events across NYC, extending the brand beyond the physical location.
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Digital Score
Quick Stats
Contact Info
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