{"product_id":"candle-store-startup-costs","title":"How Much Does It Cost To Open A Candle Store? $93k Setup Plus Runway","description":"\u003cdiv class=\"card_smpl\"\u003e\n\n\u003cdiv class=\"double_border\"\u003e\n\n\u003cdiv class=\"card_smpl_header\"\u003e\n\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-plus-icon.svg\" alt=\"Key Takeaways\" class=\"icon_how_to_use\"\u003e\n\n\u003ch3\u003eKey Takeaways\u003c\/h3\u003e\n\n\u003c\/div\u003e\n\n\u003cul class=\"lst_crct_blog\"\u003e\n\n\u003cli\u003eSeparate leasehold buildout from rent and deposits.\u003c\/li\u003e\n\n\u003cli\u003eTreat fixtures and displays as asset purchases.\u003c\/li\u003e\n\n\u003cli\u003eKeep inventory funding separate from startup CAPEX.\u003c\/li\u003e\n\n\u003cli\u003eSplit software setup, subscriptions, and processing fees.\u003c\/li\u003e\n\n\u003c\/ul\u003e\n\n\u003c\/div\u003e\n\n\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\n\n\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eEstimate Startup Costs with Calculator\u003c\/span\u003e\u003c\/h2\u003e\n\u003csection class=\"fml-capex-calculator\" aria-label=\"Candle Store Startup CAPEX Calculator\" data-locale=\"en-US\" data-currency=\"USD\" data-default-scenario=\"base\" data-export-filename=\"Startup CAPEX calculator.xlsx\" data-source-site-name=\"Financial Models Lab\" data-source-site-url=\"https:\/\/financialmodelslab.com\" data-source-page-title=\"Candle Store Startup CAPEX Calculator\" data-note-title=\"What's excluded\" data-note-text=\"This calculator covers only capitalized startup assets. It excludes opening inventory, rent deposits, payroll runway, debt service, working capital, marketing, software subscriptions, merchant fees, and recurring operating expenses.\"\u003e\u003cdiv class=\"fml-capex-card\"\u003e\n\u003cheader class=\"fml-capex-header\"\u003e\u003cdiv class=\"fml-capex-heading\"\u003e\n\u003cp class=\"fml-capex-eyebrow\"\u003eStartup CAPEX Calculator\u003c\/p\u003e\n\u003cp class=\"fml-capex-intro\"\u003eEstimate the capitalized startup assets for a candle store; this covers buildout and setup items only, not inventory or operating cash.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-scenarios\" aria-label=\"Scenario presets\"\u003e\n\u003cbutton class=\"fml-capex-scenario\" type=\"button\" data-scenario=\"lean\"\u003eLean\u003c\/button\u003e\u003cbutton class=\"fml-capex-scenario is-active\" type=\"button\" data-scenario=\"base\"\u003eBase\u003c\/button\u003e\u003cbutton class=\"fml-capex-scenario\" type=\"button\" data-scenario=\"full\"\u003eFull\u003c\/button\u003e\n\u003c\/div\u003e\u003c\/header\u003e\u003cdiv class=\"fml-capex-layout\"\u003e\n\u003cform class=\"fml-capex-inputs\"\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eLeasehold improvements\u003c\/span\u003e\u003csmall\u003eStore buildout for walls, lighting, counters, and fit-out work.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"leasehold_improvements\" data-capex-kind=\"money\" data-capex-label=\"Leasehold improvements\" data-capex-note=\"Store buildout for walls, lighting, counters, and fit-out work.\" data-lean=\"24000\" data-base=\"30000\" data-full=\"36000\" name=\"leasehold_improvements\" type=\"text\" inputmode=\"numeric\" value=\"30,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eRetail fixtures \u0026amp; displays\u003c\/span\u003e\u003csmall\u003eShelving, display tables, storage fixtures, and checkout display furniture.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"fixtures_displays\" data-capex-kind=\"money\" data-capex-label=\"Retail fixtures \u0026amp; displays\" data-capex-note=\"Shelving, display tables, storage fixtures, and checkout display furniture.\" data-lean=\"16000\" data-base=\"20000\" data-full=\"25000\" name=\"fixtures_displays\" type=\"text\" inputmode=\"numeric\" value=\"20,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003ePoint-of-sale and security setup\u003c\/span\u003e\u003csmall\u003ePoint-of-sale (POS) hardware, security cameras, and setup costs.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"pos_security_setup\" data-capex-kind=\"money\" data-capex-label=\"Point-of-sale and security setup\" data-capex-note=\"Point-of-sale (POS) hardware, security cameras, and setup costs.\" data-lean=\"5500\" data-base=\"7000\" data-full=\"9000\" name=\"pos_security_setup\" type=\"text\" inputmode=\"numeric\" value=\"7,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eExterior signage \u0026amp; branding\u003c\/span\u003e\u003csmall\u003eSignage hardware, storefront branding, and install work.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"signage_branding\" data-capex-kind=\"money\" data-capex-label=\"Exterior signage \u0026amp; branding\" data-capex-note=\"Signage hardware, storefront branding, and install work.\" data-lean=\"5000\" data-base=\"7000\" data-full=\"10000\" name=\"signage_branding\" type=\"text\" inputmode=\"numeric\" value=\"7,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eWorkshop, office \u0026amp; website setup\u003c\/span\u003e\u003csmall\u003eWorkshop equipment, office equipment, and website development.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-money\"\u003e\n\u003cspan\u003e$\u003c\/span\u003e\u003cinput data-capex-field=\"workshop_office_website_setup\" data-capex-kind=\"money\" data-capex-label=\"Workshop, office \u0026amp; website setup\" data-capex-note=\"Workshop equipment, office equipment, and website development.\" data-lean=\"10000\" data-base=\"14000\" data-full=\"18000\" name=\"workshop_office_website_setup\" type=\"text\" inputmode=\"numeric\" value=\"14,000\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-row\"\u003e\n\u003clabel class=\"fml-capex-label\"\u003e\u003cspan\u003eContingency Reserve\u003c\/span\u003e\u003csmall\u003eReserve for buildout overruns, setup changes, and small cost shocks.\u003c\/small\u003e\u003c\/label\u003e\u003cdiv class=\"fml-capex-percent\"\u003e\n\u003cinput data-capex-field=\"contingency\" data-capex-kind=\"percent\" name=\"contingency\" type=\"range\" min=\"0\" max=\"20\" step=\"1\" data-lean=\"5\" data-base=\"10\" data-full=\"15\" value=\"10\"\u003e\u003coutput data-capex-output=\"contingencyValue\"\u003e10%\u003c\/output\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/form\u003e\n\u003caside class=\"fml-capex-results\" aria-live=\"polite\"\u003e\u003cspan class=\"fml-capex-tag\"\u003eStartup purchases total\u003c\/span\u003e\u003cdiv class=\"fml-capex-total\"\u003e\n\u003cspan\u003eTotal startup CAPEX\u003c\/span\u003e\u003cstrong data-capex-output=\"totalCapex\"\u003e$85,800\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdl class=\"fml-capex-result-list\"\u003e\n\u003cdiv\u003e\n\u003cdt\u003eSubtotal before contingency\u003c\/dt\u003e\n\u003cdd data-capex-output=\"subtotal\"\u003e$78,000\u003c\/dd\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdt\u003eContingency amount\u003c\/dt\u003e\n\u003cdd data-capex-output=\"contingencyAmount\"\u003e$7,800\u003c\/dd\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdt\u003eLargest cost driver\u003c\/dt\u003e\n\u003cdd data-capex-output=\"largestDriver\"\u003eLeasehold improvements\u003c\/dd\u003e\n\u003c\/div\u003e\n\u003c\/dl\u003e\n\u003cdiv class=\"fml-capex-chart\" aria-label=\"CAPEX cost category breakdown\"\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eBuildout\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"leasehold_improvements\" style=\"--fml-capex-share: 38%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"leasehold_improvements\"\u003e38%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eFixtures\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"fixtures_displays\" style=\"--fml-capex-share: 26%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"fixtures_displays\"\u003e26%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003ePOS\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"pos_security_setup\" style=\"--fml-capex-share: 9%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"pos_security_setup\"\u003e9%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eSignage\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"signage_branding\" style=\"--fml-capex-share: 9%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"signage_branding\"\u003e9%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-bar-row\"\u003e\n\u003cspan\u003eSetup\u003c\/span\u003e\u003cdiv\u003e\u003ci data-capex-bar=\"workshop_office_website_setup\" style=\"--fml-capex-share: 18%;\"\u003e\u003c\/i\u003e\u003c\/div\u003e\n\u003cb data-capex-share=\"workshop_office_website_setup\"\u003e18%\u003c\/b\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"fml-capex-export\" type=\"button\" data-capex-export\u003eEXPORT XLSX\u003c\/button\u003e\u003c\/aside\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-capex-note\"\u003e\n\u003cspan class=\"fml-capex-note-icon\" aria-hidden=\"true\"\u003e!\u003c\/span\u003e\u003cp\u003e\u003cstrong\u003eWhat's excluded\u003c\/strong\u003e This calculator covers only capitalized startup assets. It excludes opening inventory, rent deposits, payroll runway, debt service, working capital, marketing, software subscriptions, merchant fees, and recurring operating expenses.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003c\/section\u003e\u003cbr\u003e\u003cdiv class=\"container_new_design_blog\"\u003e\n\n\u003cdiv class=\"text-section_blog text-2_new_design_blog\"\u003e\n\n\u003cdiv class=\"line_top_blog\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\n\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eIs this the right CAPEX view?\u003c\/span\u003e\u003c\/h3\u003e\n\n\u003cp\u003eAfter cost sections, see the \u003ca href=\"\/products\/candle-store-financial-model\"\u003eCandle Store Financial Model Template\u003c\/a\u003e: \u003cstrong\u003eCAPEX\u003c\/strong\u003e covers $30,000 leasehold improvements, $20,000 fixtures, $4,000 POS setup, $7,000 signage, $3,000 security, $3,000 office equipment, $6,000 workshop setup, and $5,000 website development. Keep startup expenses separate, show \u003cstrong\u003e$15,000 opening stock\u003c\/strong\u003e, Month 1 to Month 6 launch timing, depreciation or amortization, funding need, runway, Month 34 breakeven, and Month 58 payback; validate the assumptions.\u003c\/p\u003e\n\n\u003ch4\u003eKey screenshot highlights\u003c\/h4\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eCAPEX costs listed\u003c\/li\u003e\n\u003cli\u003eInventory kept separate\u003c\/li\u003e\n\u003cli\u003eBreakeven and payback\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003c\/div\u003e\n\n\u003cdiv class=\"image-section_blog image-2_new_design_blog\"\u003e\n\n\u003cdiv class=\"preview-card\" data-preview-src=\"\/cdn\/shop\/files\/candle-store-financial-model-capex-financialmodelslab_527a7426-5481-454f-8c4a-6702075215e2.webp\"\u003e\n\u003cimg class=\"preview-img\" width=\"100%\" height=\"auto\" src=\"\/cdn\/shop\/files\/candle-store-financial-model-capex-financialmodelslab_527a7426-5481-454f-8c4a-6702075215e2.webp?width=500\" alt=\"Candle Store Financial Model capex inputs allowing customization of capital expenditure items, timing and depreciation assumptions to plan equipment and setup costs for funding and cashflow forecasting.\"\u003e\n\u003cdiv class=\"preview-overlay\"\u003e\n\u003cbutton class=\"preview-btn\" type=\"button\" style=\"align-items: center; vertical-align: middle; display: inline-flex; justify-content: center; gap: 6px; line-height: 1;\"\u003e\nPREVIEW \u003csvg fill=\"#fff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"presentation\" viewbox=\"0 0 448 512\" width=\"14\"\u003e\u003cpath d=\"M416 176V86.63L246.6 256L416 425.4V336c0-8.844 7.156-16 16-16s16 7.156 16 16v128c0 8.844-7.156 16-16 16h-128c-8.844 0-16-7.156-16-16s7.156-16 16-16h89.38L224 278.6L54.63 448H144C152.8 448 160 455.2 160 464S152.8 480 144 480h-128C7.156 480 0 472.8 0 464v-128C0 327.2 7.156 320 16 320S32 327.2 32 336v89.38L201.4 256L32 86.63V176C32 184.8 24.84 192 16 192S0 184.8 0 176v-128C0 39.16 7.156 32 16 32h128C152.8 32 160 39.16 160 48S152.8 64 144 64H54.63L224 233.4L393.4 64H304C295.2 64 288 56.84 288 48S295.2 32 304 32h128C440.8 32 448 39.16 448 48v128C448 184.8 440.8 192 432 192S416 184.8 416 176z\"\u003e\u003c\/path\u003e\u003c\/svg\u003e\n\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\n\n\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eWhat are the hidden costs of opening a candle store?\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\n\u003cp\u003eOpening a Candle Store costs more than fixtures and first inventory: the hidden bills are rent deposits, local permits, insurance setup, sales tax registration, packaging, shrinkage, staff training, launch marketing, cleaning, security monitoring, and website upkeep. If you want the owner math, see \u003ca href=\"\/blogs\/how-much-makes\/candle-store\"\u003eHow Much Does The Owner Of Candle Store Earn Annually?\u003c\/a\u003e; the base recurring burn is \u003cstrong\u003e$5,635\u003c\/strong\u003e a month before sales volume costs. Year 1 variable costs add \u003cstrong\u003e8%\u003c\/strong\u003e wholesale product cost, \u003cstrong\u003e15%\u003c\/strong\u003e workshop material cost, \u003cstrong\u003e6%\u003c\/strong\u003e marketing and promotion, and \u003cstrong\u003e25%\u003c\/strong\u003e payment processing fees, so cash runway matters because breakeven lands in \u003cstrong\u003eMonth 34\u003c\/strong\u003e.\u003c\/p\u003e\n\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003ePre-opening cash\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eRent deposits and working capital\u003c\/li\u003e\n\u003cli\u003eLocal permits and sales tax registration\u003c\/li\u003e\n\u003cli\u003eInsurance setup and launch marketing\u003c\/li\u003e\n\u003cli\u003ePackaging, shrinkage, and staff training\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eMonthly burn\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$4,000\u003c\/strong\u003e rent plus \u003cstrong\u003e$500\u003c\/strong\u003e utilities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$200\u003c\/strong\u003e insurance and \u003cstrong\u003e$150\u003c\/strong\u003e POS\/software\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$250\u003c\/strong\u003e cleaning, \u003cstrong\u003e$75\u003c\/strong\u003e security, \u003cstrong\u003e$60\u003c\/strong\u003e hosting\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$400\u003c\/strong\u003e accounting\/legal; breakeven \u003cstrong\u003eMonth 34\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eHow should I turn candle store startup costs into financial projections?\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\n\u003cp\u003eTurn \u003cstrong\u003eCandle Store\u003c\/strong\u003e startup costs into a funding plan by treating \u003cstrong\u003e$78,000\u003c\/strong\u003e of CAPEX, \u003cstrong\u003e$15,000\u003c\/strong\u003e of inventory, and \u003cstrong\u003e$5,635\u003c\/strong\u003e in monthly fixed costs as the base, then add \u003cstrong\u003e$100,000\u003c\/strong\u003e of Year 1 payroll. Here’s the quick math: model \u003cstrong\u003e325 weekly visitors\u003c\/strong\u003e, \u003cstrong\u003e12% conversion\u003c\/strong\u003e, and \u003cstrong\u003e12 units per order\u003c\/strong\u003e, then check whether EBITDA moves from \u003cstrong\u003e-$153,000\u003c\/strong\u003e in Year 1 to \u003cstrong\u003e$568,000\u003c\/strong\u003e in Year 5. The projection should also show \u003cstrong\u003eMonth 34 breakeven\u003c\/strong\u003e, \u003cstrong\u003eMonth 58 payback\u003c\/strong\u003e, and a \u003cstrong\u003e$473,000\u003c\/strong\u003e modeled cash need.\u003c\/p\u003e\n\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eFunding plan\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$78,000\u003c\/strong\u003e CAPEX at opening\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$15,000\u003c\/strong\u003e inventory on hand\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$5,635\u003c\/strong\u003e fixed cost per month\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$100,000\u003c\/strong\u003e Year 1 payroll\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eOperating model\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e325\u003c\/strong\u003e weekly visitors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e12%\u003c\/strong\u003e visitor-to-buyer conversion\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e12 units\u003c\/strong\u003e per order\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMonth 34\u003c\/strong\u003e breakeven, \u003cstrong\u003eMonth 58\u003c\/strong\u003e payback\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eHow much money do I need to open a candle store?\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\n\u003cp\u003eYou need about \u003cstrong\u003e$473,000\u003c\/strong\u003e to open and fund a Candle Store through its early ramp-up, not just the \u003cstrong\u003e$93,000\u003c\/strong\u003e in listed opening purchases. The bigger issue is cash burn: the model shows EBITDA losses of \u003cstrong\u003e$153,000 in Year 1\u003c\/strong\u003e, \u003cstrong\u003e$103,000 in Year 2\u003c\/strong\u003e, and \u003cstrong\u003e$14,000 in Year 3\u003c\/strong\u003e, with breakeven in \u003cstrong\u003eMonth 34\u003c\/strong\u003e; track this alongside \u003ca href=\"\/blogs\/kpi-metrics\/candle-store\"\u003eWhat Is The Main Indicator Of Success For Candle Store?\u003c\/a\u003e.\u003c\/p\u003e\n\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eStartup Funding\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$93,000\u003c\/strong\u003e listed opening purchases\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$78,000\u003c\/strong\u003e is CAPEX\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$15,000\u003c\/strong\u003e initial inventory funding\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$473,000\u003c\/strong\u003e total early cash need\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch3\u003eRamp Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$5,635\u003c\/strong\u003e monthly fixed costs before wages\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$100,000\u003c\/strong\u003e Year 1 payroll\u003c\/li\u003e\n\u003cli\u003eOne manager and one full-time associate\u003c\/li\u003e\n\u003cli\u003eExclude manufacturing unless making candles onsite\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eCalculate Fuding Needs\u003c\/span\u003e\u003c\/h2\u003e\n\u003csection class=\"fml-summary-static\" aria-label=\"Candle Store Startup Cost Summary\" data-locale=\"en-US\" data-currency=\"USD\" data-default-scenario=\"base\" data-export-filename=\"Candle Store Startup Cost Summary.xlsx\" data-site-name=\"Financial Models Lab\" data-site-url=\"https:\/\/financialmodelslab.com\" data-source-title=\"Candle Store Startup Cost Summary\" data-source-url=\"\"\u003e\u003cdiv class=\"fml-summary-static-card\"\u003e\n\u003cheader class=\"fml-summary-static-header\"\u003e\u003cdiv\u003e\n\u003cp class=\"fml-summary-static-eyebrow\"\u003eStartup cost summary\u003c\/p\u003e\n\u003cp class=\"fml-summary-static-description\"\u003eThis table shows startup CAPEX and excluded cash needs for the candle shop under low, base, and high planning cases.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-summary-static-actions\"\u003e\n\u003cdiv class=\"fml-summary-static-scenarios\" aria-label=\"Highlight scenario\"\u003e\n\u003cbutton class=\"fml-summary-static-scenario\" type=\"button\" data-scenario=\"low\"\u003eLow\u003c\/button\u003e\u003cbutton class=\"fml-summary-static-scenario is-active\" type=\"button\" data-scenario=\"base\"\u003eBase\u003c\/button\u003e\u003cbutton class=\"fml-summary-static-scenario\" type=\"button\" data-scenario=\"high\"\u003eHigh\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"fml-summary-static-export\" type=\"button\" data-summary-export\u003eEXPORT XLSX\u003c\/button\u003e\n\u003c\/div\u003e\u003c\/header\u003e\u003csection class=\"fml-summary-static-metrics\" aria-live=\"polite\"\u003e\u003cdiv class=\"fml-summary-static-metric is-primary\"\u003e\n\u003cspan\u003eHighlighted CAPEX\u003c\/span\u003e\u003cstrong data-summary-metric=\"capex\"\u003e$76,000\u003c\/strong\u003e\u003csmall data-summary-metric=\"scenario\"\u003eBase planning example\u003c\/small\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-summary-static-metric is-warning\"\u003e\n\u003cspan\u003eExcluded cash needs\u003c\/span\u003e\u003cstrong data-summary-metric=\"working\"\u003e$473,000\u003c\/strong\u003e\u003csmall\u003eOutside CAPEX total\u003c\/small\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-summary-static-metric\"\u003e\n\u003cspan\u003eFunding need\u003c\/span\u003e\u003cstrong data-summary-metric=\"funding\"\u003e$549,000\u003c\/strong\u003e\u003csmall\u003eCAPEX + excluded cash needs\u003c\/small\u003e\n\u003c\/div\u003e\u003c\/section\u003e\u003cdiv class=\"fml-summary-static-table-wrap\"\u003e\u003ctable class=\"fml-summary-static-table\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth scope=\"col\"\u003eCost Category\u003c\/th\u003e\n\u003cth scope=\"col\" class=\"fml-summary-static-estimate-header\" data-summary-estimate-header\u003eBase Estimate\u003c\/th\u003e\n\u003cth scope=\"col\"\u003eMain Cost Driver\u003c\/th\u003e\n\u003cth scope=\"col\"\u003eCAPEX Calculator\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr data-summary-row data-low=\"25000\" data-base=\"30000\" data-high=\"36000\" data-capex=\"true\"\u003e\n\u003ctd\u003eStore Leasehold Improvements\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$30,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eBuild-out scope and finish level\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"16000\" data-base=\"20000\" data-high=\"24000\" data-capex=\"true\"\u003e\n\u003ctd\u003eRetail Fixtures \u0026amp; Displays\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$20,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eFixture count, materials, and display quality\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"3000\" data-base=\"4000\" data-high=\"5000\" data-capex=\"true\"\u003e\n\u003ctd\u003ePOS Hardware \u0026amp; Software Setup\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$4,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eRegister hardware, setup, and software start costs\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"12000\" data-base=\"15000\" data-high=\"18000\" data-capex=\"true\"\u003e\n\u003ctd\u003eInitial Inventory Purchase\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$15,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eOpening stock depth and product mix\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-summary-row data-low=\"5000\" data-base=\"7000\" data-high=\"9000\" data-capex=\"true\"\u003e\n\u003ctd\u003eExterior Signage \u0026amp; Branding\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$7,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eSign size, fabrication, and install work\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill\"\u003eYes\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr class=\"is-excluded\" data-summary-row data-low=\"425000\" data-base=\"473000\" data-high=\"525000\" data-capex=\"false\"\u003e\n\u003ctd\u003eMinimum Cash Reserve\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-estimate\" data-summary-value\u003e$473,000\u003c\/td\u003e\n\u003ctd class=\"fml-summary-static-driver\"\u003eWorking capital for wage ramp, fixed costs, and opening runway\u003c\/td\u003e\n\u003ctd\u003e\u003cspan class=\"fml-summary-static-pill is-no\"\u003eNo\u003c\/span\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\u003c\/div\u003e\n\u003cfooter class=\"fml-summary-static-note\"\u003e\u003cspan class=\"fml-summary-static-note-icon\" aria-hidden=\"true\"\u003e!\u003c\/span\u003e\u003cp\u003e\u003cstrong\u003ePlanning note:\u003c\/strong\u003e Ranges are planning estimates; cash reserve excludes non-CAPEX funding needs.\u003c\/p\u003e\u003c\/footer\u003e\n\u003c\/div\u003e\u003c\/section\u003e\u003cbr\u003e\n\n\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eCandle Store Core Five Startup Costs\u003c\/span\u003e\u003c\/h2\u003e\u003cbr\u003e\u003cbr\u003e\n\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eLeasehold, buildout, and store setup Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eBuildout CAPEX\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eTreat leasehold improvements as \u003cstrong\u003eCAPEX\u003c\/strong\u003e when the work lasts past opening. Base model uses \u003cstrong\u003e$30,000\u003c\/strong\u003e from \u003cstrong\u003eMonth 1 to Month 3\u003c\/strong\u003e for flooring, paint, lighting, wall displays, checkout area, storage area, electrical work, landlord-required work, and code items. Keep this separate from rent deposits and opening-month rent.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eEstimate Inputs\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eEstimate this cost from contractor quotes and lease condition, not from a flat rule. The big drivers are whether the space is \u003cstrong\u003esecond-generation retail\u003c\/strong\u003e, needs new lighting, needs fire or electrical work, or requires landlord-approved contractors. A light refresh can stay close to the base case; a full code upgrade can move fast.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eKeep Cash Separate\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eDo not mix the asset with cash tied to the lease start. \u003cstrong\u003eRent deposits\u003c\/strong\u003e and \u003cstrong\u003eopening-month rent\u003c\/strong\u003e are operating cash, while leasehold improvements become a store asset. That split keeps the startup budget clean and shows what can be depreciated versus what is just paid upfront.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eAsk These\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eAsk before signing: is the site already retail-ready, does it need new lighting, are fire or electrical fixes required, and must the landlord use approved contractors? Those answers decide whether the \u003cstrong\u003e$30,000\u003c\/strong\u003e base case holds or whether buildout becomes the main startup cash draw.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eFixtures, displays, and merchandising Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eAsset buildout\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThe base model sets \u003cstrong\u003e$20,000\u003c\/strong\u003e for \u003cstrong\u003efixtures and displays\u003c\/strong\u003e in \u003cstrong\u003eMonth 1 to Month 3\u003c\/strong\u003e. This is a \u003cstrong\u003ecapital asset\u003c\/strong\u003e, not inventory. It covers shelving, display tables, scent-testing stations, gift areas, a checkout counter, storage racks, and visual props that help a candle store sell more per visit.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eWhat to price\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eSize the budget by counting units and quotes: shelf runs, table count, tester stations, checkout pieces, and storage racks. The store should also map \u003cstrong\u003escent families\u003c\/strong\u003e, \u003cstrong\u003etable resets\u003c\/strong\u003e, \u003cstrong\u003eseasonal collections\u003c\/strong\u003e, and \u003cstrong\u003egift zones\u003c\/strong\u003e. With \u003cstrong\u003e325 visitors per week\u003c\/strong\u003e and \u003cstrong\u003e12%\u003c\/strong\u003e buyer conversion, presentation has a direct effect on sales.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eCount each fixture type.\u003c\/li\u003e\n\u003cli\u003eGet vendor quotes.\u003c\/li\u003e\n\u003cli\u003eMatch layout to traffic.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eKeep it lean\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eCut cost by reusing modular shelves, using flexible table displays, and buying props that can shift with the season. Don't overbuild fixed décor if the store will reset often. The goal is a better conversion rate, not a crowded room. Here’s the quick rule: buy pieces that can work across multiple scent stories and gift setups.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eUse modular displays first.\u003c\/li\u003e\n\u003cli\u003eReset tables, not walls.\u003c\/li\u003e\n\u003cli\u003eBuy for reuse, not flair.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eStore flow\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eAt \u003cstrong\u003e325 weekly visitors\u003c\/strong\u003e, a \u003cstrong\u003e12%\u003c\/strong\u003e conversion rate means about \u003cstrong\u003e39 buyers a week\u003c\/strong\u003e. That makes the floor plan a sales tool. Place scent testers near the front, gift zones near checkout, and storage close to staff paths so the team can restock fast without interrupting shoppers.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eInitial candle and accessory inventory Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eInventory funding\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eTreat this as \u003cstrong\u003einventory funding\u003c\/strong\u003e, not CAPEX. The base model starts with a \u003cstrong\u003e$15,000\u003c\/strong\u003e Month 1 buy of artisanal candles, diffusers, home fragrance, holders, lighters, matches, wax melts, gift boxes, seasonal stock, and custom gifting inputs. This should turn into sales fast, so it belongs in working capital, not buildout.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eAssortment mix\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eUse the Year 1 mix to size the first order: \u003cstrong\u003e50%\u003c\/strong\u003e artisanal candles, \u003cstrong\u003e20%\u003c\/strong\u003e diffusers, \u003cstrong\u003e15%\u003c\/strong\u003e home fragrance, \u003cstrong\u003e10%\u003c\/strong\u003e workshop tickets, and \u003cstrong\u003e5%\u003c\/strong\u003e custom gifting. Prices run from \u003cstrong\u003e$22\u003c\/strong\u003e for home fragrance to \u003cstrong\u003e$180\u003c\/strong\u003e for custom gifting, so unit counts matter more than dollar mix. Get scent, size, and tier quotes before you buy.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eBuy lean\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eThe real cost driver is assortment depth by scent, size, price tier, and reorder timing. If local demand is still unproven, overbuying locks up cash and raises markdown risk. Start with enough depth to test, then refill from sell-through data instead of guessing the whole season up front.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eCash control\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eKeep the first purchase tight and track \u003cstrong\u003esell-through\u003c\/strong\u003e by SKU each week. One fast rule works here: buy to test, not to impress. If one scent, size, or gift tier stalls, stop reordering it and shift cash into the items that move.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003ePOS, payments, ecommerce, and security Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eSetup Split\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eA candle store needs the checkout stack to work on day one, but the costs should stay separate. In this model, that means \u003cstrong\u003e$4,000\u003c\/strong\u003e for POS setup, \u003cstrong\u003e$3,000\u003c\/strong\u003e for security install, and \u003cstrong\u003e$5,000\u003c\/strong\u003e for the website build, with payment processing tracked as its own variable cost.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eOne-Time Build\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eHardware CAPEX\u003c\/strong\u003e covers POS hardware, card readers, barcode scanners, and a receipt printer. It also includes inventory software, online ordering, cameras, and basic cybersecurity. Price it with vendor quotes and the number of terminals, scanners, and printers you need.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$4,000\u003c\/strong\u003e POS setup\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$3,000\u003c\/strong\u003e security install\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$5,000\u003c\/strong\u003e website build\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eMonthly Run\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eSoftware expense\u003c\/strong\u003e is recurring, so keep it off the asset line. Use \u003cstrong\u003e$150\u003c\/strong\u003e monthly for POS and software, \u003cstrong\u003e$75\u003c\/strong\u003e for security monitoring, and \u003cstrong\u003e$60\u003c\/strong\u003e for website hosting and maintenance. Here’s the quick math: recurring overhead is \u003cstrong\u003e$285\u003c\/strong\u003e per month before payment fees.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e$150\u003c\/strong\u003e POS and software\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$75\u003c\/strong\u003e security monitoring\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e$60\u003c\/strong\u003e hosting and maintenance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eProcessing Line\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eProcessing cost\u003c\/strong\u003e should sit on its own line at \u003cstrong\u003e25%\u003c\/strong\u003e of Year 1 payment processing fees in the model. Don’t bury it inside software or security, because card fees move with sales volume and can distort gross margin if they’re mixed into fixed costs.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch3\u003e\u003cspan style=\"color: #126CFF;\"\u003eLicenses, insurance, professional fees, launch marketing, and opening readiness Startup Expense\u003c\/span\u003e\u003c\/h3\u003e\u003cbr\u003e\n\u003cdiv class=\"card_smpl blue_card\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-colons-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003ePre-Opening Costs\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eMost of these items are \u003cstrong\u003epre-opening expenses\u003c\/strong\u003e, not assets, unless they create long-lived value. That covers business registration, resale permit or sales tax setup, local permits, general liability, property insurance, legal and accounting setup, packaging, signage, and grand-opening promotion. The only line that may be capitalized is \u003cstrong\u003e$7,000\u003c\/strong\u003e exterior signage, depending on policy.\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"container_2_clmn_row\"\u003e\n\u003cdiv class=\"card_smpl_2\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-tips-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eBudget Inputs\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eBuild this line from permit counts, policy terms, and launch timing. The model includes \u003cstrong\u003e$200\u003c\/strong\u003e monthly business insurance and \u003cstrong\u003e$400\u003c\/strong\u003e monthly accounting and legal fees. Marketing and promotion run at \u003cstrong\u003e6%\u003c\/strong\u003e of Year 1 revenue, so the final spend depends on your sales plan and opening date.\u003c\/p\u003e\n\u003cul class=\"lst_crct_blog\"\u003e\n\u003cli\u003eUse months of coverage.\u003c\/li\u003e\n\u003cli\u003ePrice permits and filings.\u003c\/li\u003e\n\u003cli\u003eApply 6% to revenue.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"card_smpl\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-intro-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003eOpening Readiness\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003eOpening readiness should fund training for the \u003cstrong\u003estore manager\u003c\/strong\u003e and \u003cstrong\u003esales associate\u003c\/strong\u003e before day one. Add packaging, opening-week promo, and basic launch materials to the pre-opening budget. \u003cstrong\u003eOne clean launch plan beats rushed spending.\u003c\/strong\u003e If training slips, opening risk goes up fast.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003cdiv class=\"card_smpl\"\u003e\u003cdiv class=\"double_border\"\u003e\n\u003cdiv class=\"card_smpl_header\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/fml_20_fml-Orange-blog-pin-icon.svg\" alt=\"Icon\" class=\"icon_how_to_use\"\u003e\u003ch4\u003e\u003cspan style=\"color: #ffffff;\"\u003eAsset or Expense\u003c\/span\u003e\u003c\/h4\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eExterior signage and branding\u003c\/strong\u003e is budgeted at \u003cstrong\u003e$7,000\u003c\/strong\u003e and may be treated as an asset if it has useful life beyond launch. Use the invoice, install date, and accounting policy to decide. That choice affects the startup balance sheet, not just the opening cash\nneed.\u003c\/p\u003e\n\u003c\/div\u003e\u003c\/div\u003e\u003cbr\u003e\u003cbr\u003e\u003ch2\u003e\u003cspan style=\"color: #126CFF;\"\u003eCompare 3 Startup Cost Scenarios\u003c\/span\u003e\u003c\/h2\u003e\n\u003csection class=\"fml-scenario-table\" aria-label=\"Candle Store Startup Cost Scenarios\" data-site-name=\"Financial Models Lab\" data-site-url=\"https:\/\/financialmodelslab.com\" data-source-title=\"Candle Store Startup Cost Scenarios\" data-note-label=\"Planning note\" data-note-text=\"These ranges are planning assumptions from the model's researched inputs, not exact supplier quotes or lease bids.\"\u003e\u003cdiv class=\"fml-scenario-table-card\"\u003e\n\u003cheader class=\"fml-scenario-table-header\"\u003e\u003cdiv\u003e\n\u003cp class=\"fml-scenario-table-eyebrow\"\u003eStartup cost scenarios\u003c\/p\u003e\n\u003cp class=\"fml-scenario-table-description\"\u003eLaunch size changes cash needs fast: a small kiosk can cut buildout and stock, while a full boutique adds fixtures, inventory depth, workshop space, and staff.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"fml-scenario-table-actions\"\u003e\u003cbutton class=\"fml-scenario-table-export\" type=\"button\" data-scenario-export\u003eEXPORT XLSX\u003c\/button\u003e\u003c\/div\u003e\u003c\/header\u003e\u003cdiv class=\"fml-scenario-table-wrap\"\u003e\u003ctable class=\"fml-scenario-table-grid\"\u003e\n\u003ccaption\u003eLean, Base, and Full launch cost bands for a candle store.\u003c\/caption\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth class=\"fml-scenario-table-stub\" scope=\"col\" data-export-value=\"Scenario\"\u003eScenario\u003c\/th\u003e\n\u003cth class=\"fml-scenario-table-column\" scope=\"col\" data-export-value=\"Lean Launch\"\u003e\n\u003cspan class=\"fml-scenario-column-title\"\u003eLean Launch\u003c\/span\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eTest location\u003c\/span\u003e\n\u003c\/th\u003e\n\u003cth class=\"fml-scenario-table-column\" scope=\"col\" data-export-value=\"Base Launch\"\u003e\n\u003cspan class=\"fml-scenario-column-title\"\u003eBase Launch\u003c\/span\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eNeighborhood launch\u003c\/span\u003e\n\u003c\/th\u003e\n\u003cth class=\"fml-scenario-table-column\" scope=\"col\" data-export-value=\"Full Launch\"\u003e\n\u003cspan class=\"fml-scenario-column-title\"\u003eFull Launch\u003c\/span\u003e\u003cspan class=\"fml-scenario-badge is-warning\"\u003eDestination boutique\u003c\/span\u003e\n\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Launch model\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-launch\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-launch-model.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eLaunch model\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"Start with a small kiosk or very small storefront and keep the first order tight.\"\u003eStart with a small kiosk or very small storefront and keep the first order tight.\u003c\/td\u003e\n\u003ctd data-export-value=\"Open a standard neighborhood candle store with the model's listed opening package.\"\u003eOpen a standard neighborhood candle store with the model's listed opening package.\u003c\/td\u003e\n\u003ctd data-export-value=\"Build a larger boutique with deeper stock and a workshop area from day one.\"\u003eBuild a larger boutique with deeper stock and a workshop area from day one.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Typical setup\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-setup\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-typical-setup.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eTypical setup\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"Use a light buildout, fewer displays, a narrow scent mix, and minimal opening inventory.\"\u003eUse a light buildout, fewer displays, a narrow scent mix, and minimal opening inventory.\u003c\/td\u003e\n\u003ctd data-export-value=\"Use the full base setup with normal fixtures, a steady scent count, and the planned first inventory buy.\"\u003eUse the full base setup with normal fixtures, a steady scent count, and the planned first inventory buy.\u003c\/td\u003e\n\u003ctd data-export-value=\"Add more leasehold work, more fixtures, deeper seasonal stock, workshop setup, and launch marketing.\"\u003eAdd more leasehold work, more fixtures, deeper seasonal stock, workshop setup, and launch marketing.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Cost drivers\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-drivers\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-cost-drivers.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eCost drivers\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"store size; lease condition; fixtures; opening inventory; cash runway\"\u003e\u003cul class=\"fml-scenario-list\"\u003e\n\u003cli\u003estore size\u003c\/li\u003e\n\u003cli\u003elease condition\u003c\/li\u003e\n\u003cli\u003efixtures\u003c\/li\u003e\n\u003cli\u003eopening inventory\u003c\/li\u003e\n\u003cli\u003ecash runway\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/td\u003e\n\u003ctd data-export-value=\"leasehold work; fixtures; signage; website; staffing plan\"\u003e\u003cul class=\"fml-scenario-list\"\u003e\n\u003cli\u003eleasehold work\u003c\/li\u003e\n\u003cli\u003efixtures\u003c\/li\u003e\n\u003cli\u003esignage\u003c\/li\u003e\n\u003cli\u003ewebsite\u003c\/li\u003e\n\u003cli\u003estaffing plan\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/td\u003e\n\u003ctd data-export-value=\"larger space; leasehold work; seasonal stock; workshop area; launch marketing\"\u003e\u003cul class=\"fml-scenario-list\"\u003e\n\u003cli\u003elarger space\u003c\/li\u003e\n\u003cli\u003eleasehold work\u003c\/li\u003e\n\u003cli\u003eseasonal stock\u003c\/li\u003e\n\u003cli\u003eworkshop area\u003c\/li\u003e\n\u003cli\u003elaunch marketing\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Planning range\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-range\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-planning-range.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003ePlanning range\u003c\/span\u003e\u003cspan class=\"fml-scenario-row-subtitle\"\u003eCAPEX only\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"$60,000 - $80,000\"\u003e\n\u003cstrong class=\"fml-scenario-range\"\u003e$60,000 - $80,000\u003c\/strong\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eLower cash need\u003c\/span\u003e\n\u003c\/td\u003e\n\u003ctd data-export-value=\"$93,000\"\u003e\n\u003cstrong class=\"fml-scenario-range\"\u003e$93,000\u003c\/strong\u003e\u003cspan class=\"fml-scenario-badge is-soft\"\u003eListed base case\u003c\/span\u003e\n\u003c\/td\u003e\n\u003ctd data-export-value=\"$120,000 - $160,000\"\u003e\n\u003cstrong class=\"fml-scenario-range\"\u003e$120,000 - $160,000\u003c\/strong\u003e\u003cspan class=\"fml-scenario-badge is-warning\"\u003eHigher runway need\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-scenario-row\u003e\n\u003cth class=\"fml-scenario-row-heading\" scope=\"row\" data-export-value=\"Best fit\"\u003e\u003cspan class=\"fml-scenario-row-heading-inner\"\u003e\u003cspan class=\"fml-scenario-row-icon is-fit\" aria-hidden=\"true\"\u003e\u003cimg class=\"fml-scenario-row-icon-img\" src=\"\/cdn\/shop\/files\/scenario-best-fit.svg\" alt=\"\" loading=\"lazy\"\u003e\u003c\/span\u003e\u003cspan\u003e\u003cspan class=\"fml-scenario-row-title\"\u003eBest fit\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/th\u003e\n\u003ctd data-export-value=\"Best for a test location with a tight lease and limited opening stock.\"\u003eBest for a test location with a tight lease and limited opening stock.\u003c\/td\u003e\n\u003ctd data-export-value=\"Best for a neighborhood launch that matches the listed opening package.\"\u003eBest for a neighborhood launch that matches the listed opening package.\u003c\/td\u003e\n\u003ctd data-export-value=\"Best for a destination boutique that needs deeper scent depth, a workshop area, and more staff.\"\u003eBest for a destination boutique that needs deeper scent depth, a workshop area, and more staff.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\u003c\/div\u003e\n\u003cdiv class=\"fml-scenario-table-note\"\u003e\n\u003cspan class=\"fml-scenario-table-note-icon\" aria-hidden=\"true\"\u003e!\u003c\/span\u003e\u003cp\u003e\u003cstrong\u003ePlanning note:\u003c\/strong\u003e These ranges are planning assumptions from the model's researched inputs, not exact supplier quotes or lease bids.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\u003c\/section\u003e","brand":"FinancialModelsLab","offers":[{"title":"Default Title","offer_id":49303673798899,"sku":"candle-store-startup-costs","price":0.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/6191\/2762\/files\/candle-store-startup-costs.webp?v=1782677830","url":"https:\/\/financialmodelslab.com\/products\/candle-store-startup-costs","provider":"Financial Models Lab","version":"1.0","type":"link"}