Candles generate approximately $2.3 billion in revenue in the United States each year. This statistic just applies to the selling of candles, and not even the sale of candle extras such as candlestick holders. It is a large amount, however, when weighed against other industries, it may seem insignificant.
For instance, computers in the United States generate $86 billion in revenue each year. Candles are not something you regularly come across. They are mostly purchased around the holiday season or for special events such as birthday celebrations and other gatherings.
Owing to that, $2.3 billion per year is a massive figure. Because candles are a luxury item, their acquisition or sale is heavily influenced by the economy. Beginning a candle business is among the smartest directions to break into the domain of business ownership.
In addition to the fact that this is a pleasant and lucrative industry, nobody really requires an introduction to candles. This is an item that folks are knowledgeable of, making it simpler for them to embrace your enterprise. Candles are used for a variety of purposes, including spiritual practice, perfume, and stress relief.
This indicates that individuals will indeed require a candle, irrespective of their social standing or origin. As a result, this sector has a great demand. If you want to enter this industry through a franchise, here are the top candle-making franchise opportunities as well as their prices.
Best Candle-Making Franchise Opportunities and Their Prices
-
Candleman Corp.
Michael Wise realized that there weren’t more stores that exclusively sold candles as well as fittings in the early 1990s. Wise decided to open the very first Candleman business in 1992 to plug the gap. The structure has thus scattered all across the United States and into Canada.
Every Candleman location offers an extensive range of colored and fragranced candles, in addition to lights, dishes, plates, as well as candle holders.
Prices
- Initial Investment: $175,000-$225,000
- Initial Franchise Fee: $35,000
- Royalty Fee: 6%
- Advertising Fee: $300/month
-
Rewax and Unwine
ReWax and UnWine is a New Jersey Tri-State candle-making enterprise that was established in 2018. In addition to their public candle studio in Jersey City, NJ, they also offer their services to clients from all over the globe.
Prices
- On-demand
-
Unique Classic Candles
Unique Classic Candles, founded in 1994, manufactures candles to the required level of quality. They are meticulously handmade including the mountains of Northeastern Pennsylvania, utilizing just the best materials. Every phase of the manufacturing process is carried out by hand, with no machine-operated devices utilized.
Prices
- Initial investment: $5,000 – $50,000
-
Candleman
A productive Candleman franchisee is an owner couple who likes people, has a sense of style for interior decoration, and can communicate their skills and abilities with other franchisees to help the overall structure expand. They relish the company, its graceful ambiance of toned-down lighting, dark wood, and brass, as well as the clients who really are experiencing a good time browsing for that “ideal” treat for somebody special.
Prices
- Initial Investment: $175,000-$225,000
- Initial Franchise Fee: $35,000
- Royalty Fee: 6%
- Advertising Fee: $300/month
-
Lumière Candle Studio
Becoming a Lumière Franchisee is much more than an investment; it’s a way of life. Lumière Candle Studio’s accomplishment is related to the progression of its Franchisees. Entering the Lumière family provides fresh opportunities for advancement and innovation.
A Lumière Candle Studio franchise necessitates the Franchisee’s focus and dedication, in addition to the franchise expenses listed below.
Prices
- Initial Franchise fee: $20,000 – $30,000 (depending on market size)
- Royalty fee: 5.0% of monthly gross sales
- Advertising fee: 3.0% of monthly gross sales
-
Sea Love
This is a one-of-a-kind retail journey that enables communication while capturing the appearance and ambiance of the immediate community. Their candle bar and boutique is hygienic, simple, and clearly influenced – a carefully selected compilation of home & lifestyle merchandise blended with a personalized experience that aims to convey experiences to life via scent.
Every shop offers a one-of-a-kind shopping environment while benefiting from a zen-like workplace setting as well as the economic advantages that come with having an inventive enterprise.
Prices
- Franchise Fee: $35,000
- Initial Investment: $89,317 (with franchise fee)
- Royalty Fee: 5% of Gross Sales
-
Crazy Candles
Crazy Candles was established in 2001 by Konni and Helmut Pallmert as just a mobile entertainment experience inspired by their desire to make kids’ eyes sparkle. They have given people of all ages the incentive to develop their own colorful candles over the years.
It wasn’t hard before the favorable responses as well as the clamor for their offerings grew tremendous, and Crazy Candles was quickly franchised. Crazy Candles is not just entertaining but also instructional.
Prices
- On-Demand
-
Serendipity Soy Candles
This company model is intended to be simple; as such you won’t require a large workforce or extensive training. Serendipity Soy Candles are designed to be efficient and simple to use. Your income is not entirely dependent on candle sales.
You can generate extra income streams by providing candle-making training, candle box subscriptions, gift cards, wax melters, as well as hand-poured, organic soaps.
Price
- Initial investment fee: $125,000 – $262,000
- Franchising fee: $30,000
- Royalty: 5% gross sales
- Local Advertising: 2% Gross sale
- Corporate Marketing: 1% Gross sale