Unique Social Crafting business, $100K EBITDA

Philadelphia, PA
GSM 000
Asking Price:$500,000
Gross Revenue:$851,593
Rent:$6,250/Month
FF&E:$20,000
Cash Flow:$160,000
Inventory:$10,000
EBITDA:$100,000
Established Year:2018
BUSINESS DESCRIPTION

Philadelphia’s original high-end custom candle-making experience has spun the “drink-and-DIY” concept into an instantly-recognizable luxury brand, elevating its core date-night offering where customers pour their own custom-scented candles in a stylish and newly-redesigned Old City venue.

Through a thoughtfully-crafted social media presence and strategic partnerships with other high-end local establishments, the business has further solidified its standing as a unique and aspirational brand.

In addition to a steady stream of couples and group reservations, this business offers private and semi-private events packages, and rentals of its 2,500 square-foot, 120-person capacity venue, lending an air of after-hours exclusivity to weddings, bridal showers, networking events, and more.

The business’ standing as a leader and innovator in the city’s DIY experience scene offers unique opportunities for growth via retail products, franchising, licensing, creative and branding partnerships, and extended reach mobile candle-making experience.


DETAILED INFORMATION
Location
Philadelphia, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,500
Lease Expiration
30/04/2028
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Incredible stunning space, a very cool place, renovated to make a very comfy and inviting space that customers will want to hang out, create works of art, and relax, yet large enough spaces to hold special gatherings and parties.
Competition
Nothing like this
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Jim
Kniffen
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Jim Kniffen