Sold
Profitable Cemetery
Established and Profitable St. Louis based Cemetery for sale. This is a well run, established cemetery with a minimum of 38 years of plots left at the current sales rate. There is also room to expand. Key employees are in place and there is a tremendous opportunity for growth with very little effort. They have a very strong endowment and a great location.
Listed By: Mike Kendall
Background information
Reference:
0069
Year established:
1967
Reason selling:
Owner has relocated and the business could use an owner opperator for growth.
Finance
Sales:
$500,000
Profits:
$218,652
Profit type:
Discretionary Earnings
Operations
Employees:
3 total.
Equipment:
All equipment needed to run a cemetery is included. FMV of the heavy equipment is approxiamtely $84,000.
Premises
Facility:
40 Acre cemetery with 2400 sf equipment shed and nearby cemetery office.
Square footage:
1740000
Location:
St. Louis, MO
Opportunities
Growth:
There are several options to grow the profitability of this business with very few changes. The current pricing model is far below market rates and endowment fees are typically not included in the plot or internmets sales. They currently don't have a structure to house cremations which is a growing trend. There are numerous sales opportunities for additional products and services that are not being taken advantage of
Price and terms
Price:
$2,000,000