Milwaukee - Waukesha, WI Business Brokers
Price: $2,750,000
Location: Southern Wisconsin
Industry: Funeral Homes
Listing ID: 4102-18599
Listing Status: New
This longstanding company with three locations is up for sale. The owner is looking to retires.
The owner is involved in the day-to-day operations of the business and works about 40 hours a week. There are 3 part time employees for day-to-day work and then has some other part time help to assist during funeral services. The company also owns a cremation business not connected to the funeral homes, that is bundled into the offering price.
The company has very little competition and is very respected in the communities it serves. The business has sold over $2,000,000 in funeral services policies and has had a 100% renewal rate on these policies.
All prospective buyers will need to sign an NDA to learn more about the business and real estate.
The owner would like to step back a bit and be able to spend time away with family and friends. The owner would be willing to work part-time for a new owner for years to come.
Facilities
There are 3 facilities included in the sale. All the real estate has been updated over the past few years. Two of the homes have living quarters that are currently rented out.
All the roofs are newer and are in great condition. All the facilities have had their HVAC systems redone in the past 3-4 years. All buildings are maintenance free on the exterior. The facilities have ample parking onsite and nearby.
The do not do any cremations onsite. They do some embalming onsite.
Total Sales: $537,605
Cash Flow: $57,027