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Podcasts/Acquiring Minds
Acquiring MindsApril 14, 2025

How to Reinvent a $1m Candle Manufacturer

with Adam Goldberg · Candle manufacturer

Listen to Episode →

LenderHawk analysis. Not affiliated with or endorsed by Acquiring Minds.

The Deal

Business
Candle manufacturer
Industry
Candle manufacturing
State
QC
Purchase Price
$600K
Year
2023
0
Deal Source
referral

Financing Structure

Buyer Equity
$600K

Strategic Rationale

Turn around a distressed legacy manufacturer by leveraging domestic production.

Post-Acquisition Performance

Currently cashflow positive after initial 50% revenue loss; pivoting to licensed merchandise.

The LenderHawk View

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Matched SBA Loan Records

SBA loan filings we matched to this deal

First Neighbor Bank, National Association85%
$350KP + 2.00%FY2012
The Huntington National Bank85%
$1.2MP + 1.50%FY2018
Southeast Texas Economic Devel85%
$2.1MFY2022

Want the Full Story?

The full narrative — the personal details, the hard moments, the host conversation — only lives in the original. Go listen.

Listen on Acquiring Minds