This opportunity is based in Michigan and is a leading supplier of high-quality headstones and grave markers, specializing in providing exceptional monuments to friends and family who have lost loved ones. With a commitment to affordability, excellence, and customer satisfaction, the company has been at the forefront of the industry since 2010.
- Asking Price:
- $300,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $261,444
- Cash Flow:
- $117,686
Property Information
- Premises Details:
-
The facility is very well maintained and is approximately 1,000 square feet. This includes the work room as well as an office space. The company owns the facility as well as some additional real estate that can be part of the transaction.
- Size in square feet:
- 1,000
Business Operation
- Expansion Potential:
-
New Clients and Marketing Efforts: As the company established a solid reputation within the industry, they gradually phased out advertising due to the abundance of referrals received. However, there exists an opportunity for expansion by revitalizing advertising strategies.
Additional Outsourcing: The company maintains agreements with external businesses capable of providing outsourced lettering and design services, which remain underutilized. Leveraging these partnerships could enable the company to scale up production, subsequently boosting revenue.
- Competition / Market:
-
The company primarily relies on referrals for the majority of its sales, but there remains significant potential for growth in this aspect. The new owner or an additional hire could dedicate efforts to business development, targeting key referral sources. There is an opportunity to expand these sources to include churches, funeral homes, assisted living centers, nursing homes, and cemetery caretakers in other locations. By nurturing existing referral relationships and cultivating additional sources, the company stands to increase its order volume.
- Reasons for selling:
-
Ownership would like to retire to spend more time with family.
- Employees:
- 4
- Years established:
- 14
Other Information
- Support & training:
-
The owners are open to training the incoming owner during the transition process.
- Furniture / Fixtures value:
- $21,000 - included in the asking price
- Inventory / Stock value:
- $7,000 - included in the asking price
- Relocatable:
- This business can be relocated.
