Gitchell's Studio

4.8★★★★★(59 reviews)

2570 Holly Knoll Ln, Charlottesville, VA 22901

Charlottesville, Virginia, United States

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About

Gitchell's Studio is a family-owned and operated photography studio in Charlottesville, VA, with over a century of experience. Jim Carpenter, the professional photographer, is known for capturing moments with amazing talent and artistic ability. Specializing in portrait photography, Gitchell's Studio is perfect for senior portraits and engagement photos. With award-winning and original photography, Gitchell's Studio is the trusted choice for preserving precious moments in time. For further information, visit their website at www.gitchellsstudio.com or call 434-296-7558.

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Bike Parking
No
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Credit Cards
Mastercard, Visa, Yes
🅿️
Parking
Parking Lot
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Price
$$$$
Wheelchair Accessible
Parking, Yes
Categories: Portrait Studio.
ISIC Codes: 7420.

Market analysis

Earning below its category median in a growing category (Portrait Studio).

EstimateCategory trend: 2024, +6.4%

Revenue trend (modeled)

~$347.8K2019
~$382.9K2020
~$452.6K2021
~$478.4K2022
~$537.8K2023
~$625.9K2024
Modeled from official industry statistics+12.5%/yr since 201980% confidence band: ±42%

Company profile

Legal formCorporation
Incorporated1988 (VA)
Employees (reported band)10-15
Facility size~3,000 sq ft
Observed

Property

Lot size2.05 acres
CountyAlbemarle
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Portrait Studio in Virginia370~$350.0M~$946.0K~$774.1K5.0★0.8×
Category revenue trend2024: +6.4%2023: +7.5%2022: +10.5%2021: +14.0%Modeled from business-level estimates
Chain pressure6 chains expanding in this category, led by PhotoAiD, Rite Aid Photo, Snapshot America (+125 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)4~$2.5M~$614.8K9~$668.7K
Professional, scientific and technical activities1~$1.0M~$1.0M2
Estimate

Area conditions (22901)

Population35,610 ±1,383
Median household income$88,911 ±$7,423
Median home value$448,900
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS
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