Business For Sale

Multi-Location Funeral Home in Western NE

Not Disclosed, NE


Asking Price: Annual Revenue:
$343,000 $568,240

Services: Professional


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RE: Multi-Location Funeral Home in Western NE Broker: Cortney Sells
Owner Financing is Available!
Funding Example Purchase Price: $343,000 10% Buyer Down Payment: $34,300 10% Seller Financing: $34,300 80% Bank Loan: $274,400 A buyer paying 10% down ($34,300) would profit $59,907 in the first year after debts.

Quick Facts

Asking Price: $343,000
Annual Revenue: $568,240
Net Profit: Not Disclosed
Cash Flow: $114,508
Total Debt: Not Disclosed
FF&E: $169,000
Real Estate: Not Disclosed
Year Established: 1966
Employees: 7
BBN Listing #: 251834398
Broker Reference #: PRO016

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Business Overview:

Based in Western Nebraska, this funeral home business has locations grossing over $550,000 combined. In operation for decades, the current owner has been managing the business for 30 years and is netting a 20% profit margin. All real estate is available for purchase in a separate transaction through a licensed real estate broker, and all homes are fully-equipped with offices, storage and chapels.

The seller is a Funeral Director managing the main location. Assisting him is another Funeral Director who manages a second location of the business, and all homes receive help from part-time staff as needed. Part-time staff includes an on-call EMT for removals and helpers to assist with funerals.

Services are provided across Western Nebraska and Northeastern Colorado, and include arrangements for memorials, cremations and graveside ceremonies. In 2016, 89 funerals and cremations took place between all locations, and marketing services across the territory could see these numbers rise. A buyer could also consider opening a Colorado location down the road.

Included in the purchase is $169,000 in assets, including hearses, vehicles for removals and processionals, and an inventory of 48 caskets and other assorted pieces. Listed at $343,000, a buyer paying 10% down could expect to see a first year’s profit of $59,907 after debts.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Assets Included in Purchase: $169,000 Equipment: $50,000 Vehicles: $119,000 – hearses, removal vehicles, lead cars for processionals Intangible Assets: Decades of service in Western Nebraska; recognition and reputation; excellent website and social media presence Inventory: 48 caskets between all locations; prices ranges from $100 to $8,580 retail *amounts may vary

Market Competition and Expansion:

Number of Clients: 89 funerals/cremations in 2016. Growth Opportunities: Continue to expand services into Colorado.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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