Description
Exciting business opportunity in the experience-based retail sector. It’s a thriving Do-it-Yourself (DIY) candle-making studio and boutique that offers a unique and engaging experience for customers. This established franchise location boasts multiple revenue streams, strong profitability, and considerable potential for growth.
The business provides customers with the chance to create personalized scented candles and reed diffusers while also enjoying a curated boutique shopping experience. This dual offering allows for revenue and profit generation through several channels.
Some key highlights of this opportunity:
Turnkey Operation: The studio is fully operational with a reliable and experienced team in place, allowing a new owner to generate profit from the outset.
Multiple Revenue Streams: Beyond individual candle-making, the business caters to couples and groups, fostering word-of-mouth marketing and repeat business through its unique experiences.
Retail Boutique: A thoughtfully selected range of retail products complements the candle-making experience, driving significant add-on sales.
Prime Location: Situated in a well-known coastal city and benefiting from its popularity with both locals and tourists, the store is strategically located near several large hotels, ensuring substantial foot traffic.
Online Sales: A developing e-commerce platform supports the sale of pre-made candles and boutique items.
Business Growth:As part of a rapidly expanding franchise, new owners will benefit from ongoing support and opportunities for further development.
Detailed Information:
Business Price: $250,000
Revenues: $450,350
Sellers Discretionary Income: $107,000
Furniture, Fixtures & Equipment: $10,350 Estimate (included)
Inventory: $36,000 Estimate
Facilities: The Company leases a 1,185 +/-SF retail location in downtown Portsmouth, NH. Two free parking spaces are included in the lease.
Competition & Growth: There are a few competitors in the marketplace but with very different DIY experiences. The Seller has outlined several opportunities which will be shared in the confidential package.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture
To learn more about this business and location, please complete the attached NDA and email to us at info@FirstStreetbb.com.