Multiple Location Funeral Home with Cemetery in Arkansas

Arkansas
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Asking Price:$1,700,000
Gross Revenue:$801,093
Cash Flow:$270,356
EBITDA:$270,356
BUSINESS DESCRIPTION

This is a long-standing and reputable business with a rich history spanning over a century. Throughout its extensive tenure, it has consistently upheld its esteemed standing within the communities it serves. Presently, it boasts a presence across three strategically located funeral homes, catering to both rural and metropolitan regions. These three funeral homes collectively handle a growing call volume of 163 cases, reflecting the trust and confidence the community places in them. Additionally, the business boasts a commendably low rate of cremation business and holds a substantial pre-need balance. The owners are deeply committed to preserving the business's sterling reputation and wish to see it thrive as a vital pillar of support within the community. This business offers an 11-acre cemetery as an additional revenue-generating asset. As well as living quarters in a home on-site.


DETAILED INFORMATION
Location
Arkansas
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Facilities
Two out of the three facilities are under ownership, while one is leased. Each of these facilities is fully equipped and ready for immediate operation, boasting spacious layouts exceeding 3,000 square feet. Among them, the oldest facility stands out as the largest, spanning an impressive 5,400 square feet. This particular facility not only houses the preparation facilities but also includes a standalone three-bedroom, two-bath home.
Competition
Although the location may be categorized as rural, it is strategically situated in close proximity to several densely populated areas. Each of these neighboring regions has experienced notable growth, and this business positions itself as a formidable competitor in the market.
Support & Training
The current owner is willing to offer support during the transition for a short period of time.
Reason for Selling
The current owners look forward to retirement.
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Andy
Rumph
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Andy Rumph