Top5ive Barbershop

Beauty & Spas · New York, NY

Business Summary

Top5ive Barbershop is a barbershop serving the Park Slope 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

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Neighborhood
shopping district
Foot Traffic
low
Parking
metered street parking
Transit Access
subway within 2 blocks
Nearby Landmarks
Dollar TreeWalgreensMetroPCS7-Eleven

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Serenity
0m
76/100
Strong
High
Astoria Barbershop
0.16km
56/100
Average
High
Sculptures Barber
0.16km
30/100
Weak
Medium
Li Du Beauty Spa
0.32km
24/100
Weak
Low

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$247K
Industry Margin28%
Entry Cost$116K

Market Analysis

Market Size$1.7B (NYC metro)
Trendgrowing
SeasonalitySteady year-round with slight peaks before holidays and summer

Consumer Trends

beard care and stylingpremium men's grooming

SWOT Analysis

Strengths

Internal advantages

  • Established in Park Slope
  • Repeat clientele model

Weaknesses

Areas for improvement

  • Dependent on barber talent retention
  • Competition from chain salons

Opportunities

External potential

  • Add premium grooming products retail
  • Partner with local men's brands

Threats

External risks

  • Barber poaching by competitors
  • New chain barbershop entries

Strategic Recommendations

Quick Wins

Implement this week

Claim and optimize Google Business listing

Set up Square/online booking

Growth Strategies

1-3 months

Launch grooming product line

Open second location

Risks to Monitor

Ongoing vigilance

Key barber departure risk

Seasonal dips in walk-ins

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Men's Grooming Subscription

Monthly subscription for haircuts plus curated grooming products delivered to door, building on the barbershop's local reputation.

2

Barber Booking App

Neighborhood-specific booking app connecting Park Slope residents with available barber chairs in real-time, reducing wait times.

3

Pop-Up Barber Events

Mobile barbershop service for corporate offices, gyms, and events across NYC, extending the brand beyond the physical location.

Digital Score

70/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market Trendgrowing
Digital Score70/100

Contact Info

2538 Astoria Boulevard, Astoria, NY, 11102, 11102

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