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- RE: Funeral Niche Retail Product Vendor
- Contact: Sean Dowling
Quick Facts
Asking Price: | $1,300,000 | |
Annual Revenue: | $1,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $550,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 943908 | |
Broker Reference #: | DI2024 |
Business Overview:
Two things are certain in life: Death & Taxes. Own a business that monetizes a certainty of customers.
This business is a fast-growing niche retail company specializing in products associated with death & funerals in Franklin & Yakima Counties of Washington. The company has demonstrated significant growth in revenue, gross margin, and cashflow over the last five years and the future trajectory for the business remains bright.
An aging U.S. population demographic suggests a continued growth rate for this industry as a whole. According to the US Census Bureau, “In 2020 about 1 in 6 people in the United States were over 65. In 1920, this proportion was less than 1 in 20. Additionally, the population over the age of 65 grew “nearly five times faster than the total population in the 100 years from 1920 to 2020”.
Products are sourced from strategic supplier partners and the buyer of the business will be provided with the ability to purchase products on favorable terms to continue that competitive advantage.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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