19-Location Cemetery and Funeral Home Portfolio in 4 States
Asking Price: | $19,500,000 |
EBITDA: | $2,726,845 |
Gross Revenue: | $6,059,773 |
A sought-after opportunity to acquire a well-established and highly profitable funeral service and cemetery business with a distinguished history dating back to 2002. This operation boasts 19 locations spread across Alabama, Georgia, Mississippi, and Tennessee. The business has displayed growing revenue growth, with recent yearly revenues surpassing $5.8 million, and an impressive net income trajectory aiming towards $2.9 million in the next fiscal year. Operations have thrived under a partnership approach, granting significant operational autonomy to location managers while maintaining a strategic emphasis on expense control, leading to stable profitability without the reliance on extensive sales or marketing efforts. The steadfast core team underscores the business's operational strength, enhanced by systematic business processes and a comprehensive annual operating budget. The seamless transition to new ownership is anticipated, given the well-documented operations and the business's independent functioning even in the owner's absence.