Candle Lovers Dream
Business Description
4 Year Old Startup Candle Making Business | Ready For Its New Owner
SoYum Candle Company presents a turnkey opportunity to acquire a proven candle manufacturing and retail business with established revenue history and growth potential. Originally launched in Berea, KY in 2021, this startup achieved $240,000 in first-year sales before temporarily closing in June 2024, relocating to Newport, KY (Newport On The Levee), and eventually closing its doors in June, 2025.
Business Overview:
This comprehensive candle business operates across multiple revenue streams including retail candle sales, experiential candle-making workshops, online sales, subscription boxes, reed diffusers, and at-home candle making kits. The business model combines product sales with high-margin experiential offerings, with candle-making experiences generating 80%+ profit margins.
Key Assets Included:
- Complete candle manufacturing equipment and supplies (currently in storage)
- Established brand identity, logo, and marketing materials
- Proven business systems and operational processes
- Customer database and subscription service framework
- Multiple product lines and SKUs
- Online sales platform and subscription box system
Financial Performance:
The business demonstrated strong initial performance with $240,000 in revenue during its first operational year. The diversified revenue model includes retail sales, workshops, online orders, and recurring subscription revenue.
Growth Opportunities:
- Franchise development potential with inquiries from multiple markets including Gatlinburg, TN, Asheville, NC, and Charleston, SC
- Scalable workshop and experience model
- Expansion of product lines and subscription offerings
- Multi-location development possibilities
- Enhanced marketing and digital presence
Location Flexibility:
All equipment and inventory can be relocated to any chosen location, providing maximum flexibility for the new owner. The business model is location-independent and can be established in various retail environments.
Owner Support:
Comprehensive transition support included with training assistance, equipment transportation to new location, setup assistance, and grand opening support.
Ideal for entrepreneurs, retirees or pre-retirees seeking an established business concept with proven market demand, existing customer relationships, and multiple expansion pathways. The complete operational framework eliminates typical startup challenges while providing immediate revenue potential.
Business Overview:
This comprehensive candle business operates across multiple revenue streams including retail candle sales, experiential candle-making workshops, online sales, subscription boxes, reed diffusers, and at-home candle making kits. The business model combines product sales with high-margin experiential offerings, with candle-making experiences generating 80%+ profit margins.
Key Assets Included:
- Complete candle manufacturing equipment and supplies (currently in storage)
- Established brand identity, logo, and marketing materials
- Proven business systems and operational processes
- Customer database and subscription service framework
- Multiple product lines and SKUs
- Online sales platform and subscription box system
Financial Performance:
The business demonstrated strong initial performance with $240,000 in revenue during its first operational year. The diversified revenue model includes retail sales, workshops, online orders, and recurring subscription revenue.
Growth Opportunities:
- Franchise development potential with inquiries from multiple markets including Gatlinburg, TN, Asheville, NC, and Charleston, SC
- Scalable workshop and experience model
- Expansion of product lines and subscription offerings
- Multi-location development possibilities
- Enhanced marketing and digital presence
Location Flexibility:
All equipment and inventory can be relocated to any chosen location, providing maximum flexibility for the new owner. The business model is location-independent and can be established in various retail environments.
Owner Support:
Comprehensive transition support included with training assistance, equipment transportation to new location, setup assistance, and grand opening support.
Ideal for entrepreneurs, retirees or pre-retirees seeking an established business concept with proven market demand, existing customer relationships, and multiple expansion pathways. The complete operational framework eliminates typical startup challenges while providing immediate revenue potential.
About the Business
- Years in Operation
- 5
- Currently Relocatable
- Yes
- Facilities & Assets
- Assets included: (see spreadsheet)
‘SoYum’ Trademark
Website, Square Account, Inventory System, everything needed to operate the business
Excluded: Sales counter - Market Outlook / Competition
- Candlemaking as an experience is an up and coming industry exploding across the USA. Most major markets have candle-making businesses, but many don't. We found great success in our initial location of a crafty, tourist town in Central Kentucky (Berea, KY). We also found great success in a high traffic location where people tend to spend time and are looking for experiences. The pricing model we've established is very competitve - (at or below) pricing of competitors.
- Opportunities for Growth
- The business has multiple lines of revenue, and many that can be added on. Such as investing further in online sales, subscription candles, Candle Making at Home kits, and even expanding into other product lines such as soaps, lotions, reed diffusers and more. All of these expansion opportunities generally can use the same or similar equipment and processes that are already owned and in use.
About the Sale
- Seller Motivation
- Our careers have expanded exponentially, and we now have 2 children under the ag
- Transition Support
- We will also help transport equipment/assets/supplies to the new location, and assist with some setup and grand opening, etc.
Listing Info
- ID
- 2344721
- Listing Views
- 2052
Attached DocumentsAttachment Disclaimer
Listing ID: 2344721 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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