In 2021, brothers Richard and Stephen Kassabian turned their passion into a business. Philadelphia Mead Companyproduces honey wine made from all-natural ingredients, offering a range of flavors from semi-sweet to dry. While their mead is crafted in Chester County, their products reach customers across the Greater Philadelphia region through markets, events, and local vendors.
As their business grew, so did the need to operate more efficiently. Like many small manufacturers, they faced rising production and labor costs that made it difficult to scale while maintaining quality and consistency.
With a $25,000 loan from Entrepreneur Works, Philadelphia Mead Company invested in essential equipment, including two fermentation tanks and a glycol chiller and pump. These tools are critical to the production process and allow the business to improve efficiency, reduce batch costs, and streamline operations.
With these improvements, the Kassabian brothers are building stronger cash flow and creating a more sustainable foundation for growth. Their story shows how the right investment at the right time can help a small business move from steady demand to long-term success.