Tupelo Data Room
Funeral Homes
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19-Location Cemetery and Funeral Home Portfolio in 4 States

Georgia, United States
Asking Price$19.50m
Revenue$6.06m
EBITDA$2.73m
Cash Flow-
Description
A sought-after opportunity to acquire a well-established and highly profitable funeral service and cemetery business with a distinguished history dating back to 2002. This operation boasts 19 locations spread across Alabama, Georgia, Mississippi, and Tennessee. The business has displayed growing revenue growth, with recent yearly revenues surpassing $5.8 million, and an impressive net income trajectory aiming towards $2.9 million in the next fiscal year. Operations have thrived under a partnership approach, granting significant operational autonomy to location managers while maintaining a strategic emphasis on expense control, leading to stable profitability without the reliance on extensive sales or marketing efforts. The steadfast core team underscores the business's operational strength, enhanced by systematic business processes and a comprehensive annual operating budget. The seamless transition to new ownership is anticipated, given the well-documented operations and the business's independent functioning even in the owner's absence.
Real Estate
OwnedIncluded in Asking Price
Inventory
Included in Asking Price
Business is
Absentee Owner
Number of EmployeesFull-Time: 30
Reason Selling
The owner is looking towards retirement and exploring new personal projects, see
Facilities & Assets
The business operates across a portfolio of 19 properties, including 14 cemeteries and 5 funeral homes, some of which are cemetery-funeral home combos. Each location is optimally maintained and strategically situated to serve a diverse and widespread community. All-owned real estate assets not only add substantial value to the business but also provide a solid foundation for potential expansion and service diversification.
Growth Opportunities
Despite its established operations and stable profitability, the business harbors significant growth opportunities. There is a notable potential to increase revenue through the introduction of targeted sales and marketing programs, an area yet to be fully explored. Moreover, expansion of services, including the launch of innovative and eco-friendly burial options, as well as enhancing community involvement and online presence, could further increase market share and elevate the business’s standing in a competitive landscape. The implementation of these s
Asking Price$19.50m