Cork and Candles

Cork and Candles requires an investment of $237,180 - $398,894, spanning from competitive to premium positioning within the DIY workshops sub-sector where averages range $141,068 - $265,151. While the minimum investment aligns closely with sector norms, the maximum reflects the elevated requirements of an experiential retail model combining crafting activities with social experiences. The DIY workshops sector, comprising 10 franchises, benefits from growing consumer interest in hands-on experiences and social activities, particularly among millennials seeking entertainment alternatives. As a 2021 startup with unknown unit count, Cork and Candles presents early-stage franchise risks including limited operational history and unproven scalability. The system's flagship store reports gross revenue of $844,659 with gross profit less operating expenses of $286,131, substantially exceeding the sub-sector average revenue of $218,445, though single-unit performance may not represent typical franchise results. Ideal investors should possess strong retail management experience and sufficient liquid capital to sustain operations through initial ramp-up periods. The concept requires locations in demographically favorable areas with disposable income for leisure activities. Given the system's recent establishment, prospective franchisees must conduct comprehensive due diligence and thoroughly review operational systems still in development.

Cork and Candles, a DIY workshop concept established in 2021, maintains a limited market presence as it has not yet expanded beyond its initial state. As an emerging franchise in the experiential retail and recreation sector, the brand is in its early growth phase, with limited operational history and performance data available at this time.

Based on industry standards for similar concepts (rather than historical unit performance), ideal locations for Cork and Candles should target areas with strong demographic indicators including: median household incomes above $75,000, high concentration of millennials and Gen X consumers, and proximity to retail centers or lifestyle communities. The DIY workshop concept particularly thrives in suburban areas with high disposable income and interest in creative activities.

Potential franchisees should consider locations in upscale shopping centers or standalone retail spaces of 1,500-2,500 square feet in areas with complementary businesses such as boutique retail, wine bars, and other experiential retail concepts. Key success factors include visibility, parking accessibility, and evening/weekend foot traffic. Markets with strong arts communities and active social scenes present particularly attractive opportunities.

While the limited operational history and lack of performance metrics present some consideration points, it also offers early adopters the chance to secure prime territories in high-potential markets. As of 2021, no customer ratings or sample location data are available due to the brand's early stage of development. Franchisees should conduct thorough due diligence and market research when evaluating potential territories.