Tupelo Data Room
Other Retail, Funeral Homes
Active

Michigan Headstones and Grave Marker Company For Sale

Jackson County, Michigan, United States
Asking Price$300k
Revenue$261k
EBITDA$80k
Cash Flow$118k
Description
This opportunity is based in Michigan and is a leading supplier of high-quality headstones and grave markers, specializing in providing exceptional monuments to friends and family who have lost loved ones. With a commitment to affordability, excellence, and customer satisfaction, the company has been at the forefront of the industry since 2010.
Real Estate
Owned
Building Size: 1000 sq. ft.
Furniture Fixtures & Equipment
$21k
Inventory
$7kIncluded in Asking Price
Number of EmployeesFull-Time: 4
Year Established
2010
Reason Selling
Ownership would like to retire to spend more time with family.
Facilities & Assets
The facility is very well maintained and is approximately 1,000 square feet. This includes the work room as well as an office space. The company owns the facility as well as some additional real estate that can be part of the transaction.
Support & Training
The owners are open to training the incoming owner during the transition process.
Market & Competition
The company primarily relies on referrals for the majority of its sales, but there remains significant potential for growth in this aspect. The new owner or an additional hire could dedicate efforts to business development, targeting key referral sources. There is an opportunity to expand these sources to include churches, funeral homes, assisted living centers, nursing homes, and cemetery caretakers in other locations. By nurturing existing referral relationships and cultivating additional sources, the company stands to increase its order volume.
Growth Opportunities
New Clients and Marketing Efforts: As the company established a solid reputation within the industry, they gradually phased out advertising due to the abundance of referrals received. However, there exists an opportunity for expansion by revitalizing advertising strategies. Additional Outsourcing: The company maintains agreements with external businesses capable of providing outsourced lettering and design services, which remain underutilized. Leveraging these partnerships could enable the company to scale up production, subsequently boosting revenue.
Asking Price$300k