Price Reduced- Funeral Service Provider

Not Disclosed, MN

Asking Price: Annual Revenue:
$800,000 $487,713

Services: Non-classifiable

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RE: Price Reduced- Funeral Service Provider Broker: Pat Steffl

Quick Facts

Asking Price: $800,000
Annual Revenue: $487,713
Net Profit: Not Disclosed
Cash Flow: $233,892
Total Debt: Not Disclosed
FF&E: $60,072
Real Estate: $675,000
Year Established: 1930
Employees: 1
BBN Listing #: 25614955
Broker Reference #: 5101-14459

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Business Overview:

Established full-service funeral home providing personalized, professional and compassionate funeral and cremation services. Long-term planning, service planning, vault-casket or urn selection, service planning details, preparation, clergy consultation, documentation, floral and other arrangements and transportation needs. The business has been serving the area since the 1930's. Current owner is a licensed funeral director and has owned and operated the business for close to 30 years. The funeral home works with 45 to 50+ families each year, of which typically over 50% are traditional funerals versus cremation services. The business has $700,000 in Pre-need accounts.

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Property Features and Assets:

The building has been certified by the state of Minnesota Department of Health (Morturary Sciences Dept). It was newly constructed specifically for the funeral services that the business provides which includes a preparation room. There is enough room to perform 1 to 4 open-casket viewings simultaneously with seating capacity for 140 at 1 time, a selection room, arrangement areas, office, small coffee room, rest rooms, 3 vehicle heated garage and adequate parking. The certified/licensed real estate and other funeral home and preparation room furniture, fixtures and equipment, hearse and inventory are included in the sale. Total Assets; $635,072

Market Competition and Expansion:

Competition is normal for this area and industry. Competitors tend to be very collegial in this industry.

Reason for Selling:

Owner is looking to transition into retirement.

Additional Details:

  • The property is owned.
  • 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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