In this episode, the hosts analyze a three-location skincare franchise in Alexandria, VA generating $6.4M in revenue—but debate whether razor-thin margins and franchisor red flags make this a falling knife.

Business Listing – https://www.bizbuysell.com/business-opportunity/3-open-and-operating-skin-care-franchises-in-dmv-with-6-4m-in-revenue/2472429/

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This week, the hosts break down a three-location skincare franchise in Alexandria, Virginia (DMV area) generating $6.4M in revenue with $356K in EBITDA. The concept positions itself as a “modern facial studio,” blending spa-quality services with fitness-style memberships. Revenue is driven by three streams: recurring membership dues, à la carte facial services, and high-margin retail skincare products. On paper, it taps into the $100B U.S. skincare market and operates in a high-income region.

Key Highlights:
- $6.4M revenue across 3 locations; $356K EBITDA (≈5% margin)
- $2M asking price — difficult to finance at current earnings
- Membership + services + retail model modeled after fitness studios
- Corporate-owned franchise locations being sold as a package
- Key risk: churn, labor intensity, lease exposure, and unclear store-level ramp

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