Business Overview

Company is a manufacturer and retailer primarily of candles but also other products. This is not just any candle company. Business is experiencing explosive growth, profitability, and cash flow year-over-year. Based on its business concept and heightened market demand, revenue/sales are projected to increase by $1-2 million with greater net profit margins for fiscal year 2022.


  • Asking Price: $5,000,000
  • Cash Flow: $1,676,735
  • Gross Revenue: $4,842,810
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2017

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:15,300
  • Lot Size:N/A
  • Total Number of Employees:27
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Retail store is approximately 3,000 SF expiring in 2022 with option to extend every two years. Main warehouse facility is roughly 7,500 SF expiring in 2025 with two options to extend every five years. Additional warehouse/storage facility in an adjacent building is approximately 4,800 SF. All leases are triple net.

Is Support & Training Included:

Owners are willing to train a new buyer on-the-job for the first 2-3 months during the transition. They are also available as consultants if desired even after the transitional period ends.

Purpose For Selling:

Pursue other interests

Pros and Cons:

What sets the business apart from the competition is not just the product itself, but its ability to create relevant labels. Products are based on real emotions and situations that relate to people. This has attributed to the rapid success the company has experienced over the years.

Opportunities and Growth:

This is a multi-billion dollar a year industry. The business has grown considerably over the years and continues to capture more of the market share. Its unique business concept has responded favorably by the market attributing to further growth of customers and followers. A new owner could also further expand monthly subscriptions to its loyal customers.

Additional Info

The company was established in 2017, making the business 5 years old.

The company has 27 employees and is located in a building with estimated square footage of 15,300 sq ft.
The real estate is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons why people resolve to sell operating businesses. Nonetheless, the genuine factor vs the one they say to you might be 2 totally different things. As an example, they may claim "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might simply be excuses to attempt to conceal the reality of changing demographics, increased competition, current reduction in revenues, or a range of other factors. This is why it is extremely important that you not count totally on a seller's word, but rather, utilize the seller's solution in conjunction with your general due diligence. This will repaint an extra reasonable image of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many companies borrow money in order to cover items like inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can suggest that profit margins are too tight. Numerous companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that must be fulfilled or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area attract new customers? Most times, operating businesses have repeat clients, which form the core of their daily earnings. Particular variables such as brand-new competitors growing up around the location, road building and construction, and also personnel turn over can affect repeat clients and also adversely affect future revenues. One crucial thing to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business regularly, the better the possibility to develop a returning customer base. A last idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? How might the regional average house earnings influence future earnings prospects?