Is the candle making business in Nashville TN profitable?

1. The market size of candle making in the US is estimated to be around $3 billion.

2. Nashville is a popular tourist destination, and as such, there is a high demand for luxury goods like candles.

3. The market is projected to grow by 4.5% per year over the next five years, meaning there is an opportunity for new entrants.

4. However, there is also a lot of competition in the candle-making industry, so it is essential to find ways to differentiate your product or service if you want to be successful.

Additional considerations:

- The cost of supplies: The cost of supplies can vary depending on the type of candle you make.

- Labor costs

- Overhead costs (rent, utilities, marketing)

- Customer base

- Product Differentiation

Candle-making can be a profitable business if you are able to find a niche market and differentiate your products.