Hot Listing
19-Location Cemetery and Funeral Home Portfolio in 4 States
Business Description
A sought-after opportunity to acquire a well-established and highly profitable funeral service and cemetery business with a distinguished history dating back to 2002. This operation boasts 19 locations spread across Alabama, Georgia, Mississippi, and Tennessee. The business has displayed growing revenue growth, with recent yearly revenues surpassing $5.8 million, and an impressive net income trajectory aiming towards $2.9 million in the next fiscal year. Operations have thrived under a partnership approach, granting significant operational autonomy to location managers while maintaining a strategic emphasis on expense control, leading to stable profitability without the reliance on extensive sales or marketing efforts. The steadfast core team underscores the business's operational strength, enhanced by systematic business processes and a comprehensive annual operating budget. The seamless transition to new ownership is anticipated, given the well-documented operations and the business's independent functioning even in the owner's absence.
About the Business
- Employees
- 30
- Facilities & Assets
- The business operates across a portfolio of 19 properties, including 14 cemeteries and 5 funeral homes, some of which are cemetery-funeral home combos. Each location is optimally maintained and strategically situated to serve a diverse and widespread community. All-owned real estate assets not only add substantial value to the business but also provide a solid foundation for potential expansion and service diversification.
- Opportunities for Growth
- Despite its established operations and stable profitability, the business harbors significant growth opportunities. There is a notable potential to increase revenue through the introduction of targeted sales and marketing programs, an area yet to be fully explored. Moreover, expansion of services, including the launch of innovative and eco-friendly burial options, as well as enhancing community involvement and online presence, could further increase market share and elevate the business’s standing in a competitive landscape. The implementation of these s
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- The owner is looking towards retirement and exploring new personal projects, see
Listing Info
- ID
- 2299932
- Listing Views
- 3753
Listing ID: 2299932 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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