Discount Burial Product Retailer For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $181696
Net Profit / Cash Flow $47676
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 1 - 3
Inventory $5000.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 25 hours per week.
Reason for Sale Retirement.
Description This is one the few businesses for sale offered at the discount of 1x cash flow. With the promise of a sluggish economy over the next few years and baby boomers approaching 'permanent retirement', this industry will be well positioned to serve a growing need of burial products & services as our population cycles through a natural correction. The business has been operating since 1997 and boasts accumulated profits of over $1,000,000 since its inception. The business offers customers the same caskets & burial products sold at funeral homes, with discounts exceeding 60%. With clean financials and tax returns, as well as 11 yrs of consistent profitability, this business is an attractive opportunity for the entrepreneur looking for the next best thing.
The business enjoys excellent freeway access, housed in a 1,065 sqft facility near the center of San Diego. The facility leases for $1,771 per month (inclu. CAM) with the possibility of a long term lease. All assets will transfer upon sale including the furniture, fixtures and equipment, inventory, name, signage and 11 yrs of goodwill.
This is one of the few discount casket retailers in San Diego County. Caskets can either be purchased from the funeral homes directly (often at prices 3-4 times of those offered by the seller) or 1 or 2 non-funeral related retail outlets.
This business has unlimited growth potential. The current owner has ceased nearly all marketing efforts besides the yellow pages. His lack of enthusiasm for the business has prevented practical growth opportunities such as online sales, floral arrangements, and reaching out to church & bereavement groups, as well as hospice care workers. In fact, the Seller has even stopped accepting pre-paid orders, historically a large percentage of his revenue stream. Many other marketing efforts could be pursued to increase sales such as direct mail, pennysaver and other local medias.
Asking $65,000.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
