Offered is a 33-year-old manufacturer of premium cremation urns, memorials and keepsakes. The company caters to the funeral home segment, operating within a business-to-business (B2B) framework. The company tailors its solutions to meet the specific requirements of each funeral home and the families they serve. Their product line is extensive including a full collection of cremation urns and keepsakes in fine wood finishes. The company’s competitive advantage is the personalization and customization of their cremation urns. Their commitment to quality and customization has set them apart in the industry. Each hardwood urn is meticulously crafted from carefully selected woods, with attention to detail and a dedication to providing unique, one-of-a-kind pieces. Their reputation for excellence and compassionate customer service has resulted in a loyal clientele both locally and nationally. In April 2024, the company launched a new catalogue which has boosted sales.
Owners expanded the manufacturing facility with an eye on future growth. The assets and machinery included in the sale are operating at 60% of capacity, allowing for years of growth. With a solid foundation and a growing list of satisfied funeral home partners, the company is poised for future success.
Facilities
The business is housed in a 15,600 square foot steel structure built in 1987. Current owner is flexible regarding the real property, including sale, lease, or lease with purchase option.
Financials
Ave Revenue: $2,450,000
Ave Cashflow: $442,000
Asking Price: $3,200,000
Included in the Asking Price: Well maintained equipment valued at $1,200,000
Excluded from the Asking Price: Inventory valued at $350,000
Market Outlook
Competition: While there are similar manufacturers in the U.S., this business has carved out a loyal B2B customer base that keeps coming back.
Growth and Expansion: The company is set for future growth with a well-outfitted shop running at only 60% of its capacity. This benefits new ownership, allowing the company to almost double in size before the need to invest in any additional equipment.
About the Sale
The owner wants to retire. He is willing to support the buyer through the business transition for 30 days free and longer if necessary.
Send Me More Information about this Business
All information contained herein provided by business owner, to be verified by buyer, and not warranted by Crestone Business Group. For more information on this or other profitable business opportunities, please contact:
Crestone Business Group
Jeff Balch, Broker
Direct Phone: (719) 440-4597
jeff@crestonebusinessgroup.com
www.crestonebusinessgroup.com
