Established Funeral Business, Ready for New Ownership

Illinois
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Asking Price:$1,100,000
Cash Flow:$217,832
BUSINESS DESCRIPTION

Illinois Funeral Service

This Illinois funeral business presents a lucrative opportunity for a new owner. Nestled on a picturesque lakefront property, it holds untapped potential for expansion. With a three-year average call volume of 172 and a three-year average gross revenue of $421,101, the business is well-established, providing cost-effective options to families. As a comprehensive funeral service, it offers both cremation and burials, leveraging an onsite crematory to minimize costs and generate additional revenue through external partnerships with other funeral homes. Trade services are currently offered for outside businesses, this generates revenue and could be offered with a new owner. The well-designed facilities include an arrangement office, embalming room, and refrigeration and crematory. The business extends its services beyond the funeral home, fostering relationships with external locations such as churches, gathering centers, clubs, and organizations where services can be held. Ideal for an ambitious owner looking to grow, there's significant potential for expansion, including the possibility of building onto the current facilities.


DETAILED INFORMATION
Location
Illinois
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
3
Facilities
The facilities are well maintained and ready for immediate operation. What sets this business apart is the absence of an onsite chapel. Instead, services are conducted at external venues like churches, clubs, or other accessible gathering spaces. Onsite amenities include a fully-equipped embalming room, a dedicated arrangement office, and the convenience of an onsite crematory.
Competition
There are many other funeral homes within the area but this funeral home business offers a lower cost option with is appealing to clients.
Support & Training
The owner is willing to assist in a transition and is available to a new owner for a negotiable amount of time.
Reason for Selling
Retirement
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Andy
Rumph
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Andy Rumph