Established Funeral Supplies Business with Global Reach

Florida

Asking Price:	$1,350,000
Gross Revenue:	$1,287,815

Cash Flow:	$176,836
EBITDA:	$161,291

Listing ID: 2252328Listing provided by BizBuySell

BUSINESS DESCRIPTION

A longstanding pillar in the funeral supply industry, this distributor has carved out a niche in both domestic and international markets, offering a comprehensive array of embalming fluids, crematory supplies, prep room necessities, and much more. With over 100 years under its belt and a dominant market share abroad, accounting for 75% of its clientele, the business stands as a testament to its resilience and adaptability. It proudly manufactures its own line of embalming fluids while maintaining a compact yet essential inventory of other funeral supplies.

This unique advantage has positioned the company as a competitive player on a global scale, fostering strong relationships without the reliance on contracts to sustain its large customer base. A streamlined operational model underpins its success, led by a seasoned owner-operator, reinforced by a dedicated team ensuring excellence in customer service and operational efficiency. Prospective buyers will inherit a proven business model ripe for expansion, coupled with a robust foundation for a seamless transition to new ownership.

DETAILED INFORMATION

Location

Relocatable

Inventory

Included in asking price

Employees

Facilities

Currently operating out of an 8,000 sq ft warehouse in South Florida, the business benefits greatly from its strategic location. Proximity to an international port underscores its export capabilities. However, the facility is not transferable, necessitating a relocation by the new owner. A similar or larger space, particularly within South Florida to maintain logistical advantages, would be ideal for continued operation and growth.

Growth & Expansion

This business harbors significant growth potential, notably through expanding its U.S. market presence and further exploring international territories. Current operations demonstrate effectiveness in overseas markets, yet the untapped potential within the U.S. presents an opportunity for increased domestic market penetration. Additionally, the ongoing diversification of funeral services, including a notable shift towards cremation and memorial services, invites expansion of the product line to meet these evolving needs.

Reason for Selling

The decision to sell stems from the current owner's desire to retire, following

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