Business and Real Estate For Sale

Business Opportunity for Sale
Also 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
Sale Price: $1,050,000
Name of Establishment: Confidential
Year Business Established: 1922
Gross Revenue: $395,000 (Annual)
Cash Flow: $118,814 (Annual)
Cash Flow Type: EBITDA
Living Accomodations: Yes
Sale Terms: Cash to Seller.
Last Updated: 9/21/2020

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.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
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

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.