Acquire a Thriving Funeral Business in Southeast Michigan

Michigan

Asking Price:	$1,100,000
Gross Revenue:	$449,581

Cash Flow:	$183,884
EBITDA:	$195,703

Listing ID: 2161624Listing provided by BizBuySell

BUSINESS DESCRIPTION

Newly Listed Michigan Funeral Home

Prepare for a remarkable journey into the heart of time-honored community traditions, where a storied legacy, steeped in tradition near Detroit's inner-ring suburbs.

This establishment has masterfully cultivated an impeccable reputation as the ultimate choice for the African American communities it proudly serves. A beloved name in households, celebrated for its unwavering commitment and dedication, as evidenced by an abundance of five-star reviews.

This isn't just a business; it's a testament to success. Whether you're an experienced funeral director seeking to enhance your legacy or an aspiring entrepreneur driven by the desire to provide solace and support, this is your canvas for greatness. Seize the chance to become a vital chapter in this celebrated history.

DETAILED INFORMATION

Location

Michigan

Inventory

Not Included in asking price

Real Estate

Owned

Included in asking price

Building SF

6,234

Employees

Facilities

A 6,234 sq. ft. facility, boasting a spacious 122-space parking lot, features a large chapel accommodating 200 individuals. An arrangement room and generous selection area offer families a peaceful space for arrangements, with onsite prep facilities and a versatile lift. The owners' meticulous upkeep includes recent updates, like an improved heating and air system, a durable metal roof, and cosmetic enhancements such as fresh paint and new flooring, ensuring a well-maintained, inviting environ

Competition

The business focuses on serving the African-American community, making it a unique and vital presence in an area with limited similar services.

Growth & Expansion

Building strong connections within the local community and with churches can further solidify and expand the business's reach, establishing a foundation for future success.

Support & Training

This business offers unwavering support during the transition, with the possibility of key employees staying on board to assist, ensuring a seamless handover.

Reason for Selling

Retirement

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