FOR SALE A profitable funeral home and flower shop with a good reputation
Business information
| Sale topic | For sale company, business premises, business operations, business assets |
|---|---|
| Industry | Funeral parlor |
| Location | Kymenlaakso |
| Person count | Full-time 2 persons part-time 3 persons |
| Adjusted revenue | 360 000 EUR |
| Asking price |
320 000 EUR Selling price as an asset sale including stock and shares of the business premises. The asking price for the shares is 430.000 euros |
For sale: the only funeral home and flower shop in the area. The business’ reputation and recognizability in the area is excellent. Its transport equipment also includes special vehicles. The business is a one-stop shop which attends to all routines related to death and funerals with professionalism and discretion.
Asking price justification
The value is based on the solvency of the cashflow produced by the business. With a self-financing share of at least 20% the debt needed for the acquisition can be paid back within five years with a loan rate of 5%. Possible growth targets of the buyer have not been taken into account in the calculations. In addition, the end of the corona pandemic makes it possible for revenue to grow from its current level, when funeral attendances are not restricted anymore.
