Catylist ID: #30534087
Business and Real Estate For Sale
Business Opportunity for SaleAlso listed as Retail-Commercial
|Catylist Listing ID:||30534087|
|Property Subtypes:||Business Services|
|Building Size (RSF):||7,893 SF|
|Gross Land Area:||0.83 - 0.84 Acres|
|Name of Establishment:||Confidential|
|Year Business Established:||1922|
|Gross Revenue:||$395,000 (Annual)|
|Cash Flow:||$118,814 (Annual)|
|Cash Flow Type:||EBITDA|
|Sale Terms:||Cash to Seller.|
Overview / Comments
Wonderful opportunity for New Owners to continue with a Long Established and very solid income producing business. Substantial business income is already booked into the next year.
Offering includes the fully operational and equipped funeral home real estate, plus a 4/5 bedroom home on adjacent and separate lot. There are also two apartments above the funeral home facility. One 2 bedroom apartment on second floor, and a 1 bedroom apartment on third floor, providing built in income from rents from the apartments and the business. There is potential for the single family home to be converted to two units for income from this property, or it can be sold off separately. This is a great value for the full package.
This established, profitable, and fully operational funeral home has served their community for approximately 90 years and over three generations. They have built an outstanding reputation for this very personal business service.
Located on a heavily traveled road, directly next to a church on one side and the single family home included on the other side, the property is close to the towns main downtown area.
The business provides a wide range of customized services and products including traditional services, cremation arrangement, service planning, pre-planning options, floral arrangements, clergy consultation, cemetery and service transportation.
For many years, the owners and staff are proud to have served families of all faiths and traditions.
Current owners do not advertise, and so there is great opportunity for growth for a new owner when introducing new marketing tactics and alternative burial options.
Take advantage of this great opportunity and the several ways to utilize the two properties.
|Industry Segment:||Other Business Services|
|Reason for Selling:||Retirement.|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$698,300|
|Proximity:||1 mile||3 miles||5 miles|
Gerry O'ConnellFaulkner Commercial Group - KW Commercial NECPE Member
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