Feb 26, 2020 — This is a full-service funeral home group specializing in traditional funerals, cremations, and pre-arranged funeral plans. The Company operates from three locations, totaling 16,018 square-feet, which it leases from the Owners. The facility includes a storefront, storage area and office space. Offering these products and services requires a Funeral Director and Embalmer License, a facility with tools and equipment as well as seven personnel with industry experience. With its niche range of products and services, the Company’s marketing efforts focus on targeting individual customers within three Texas communities. Revenues have been consistent over the past three years due to a strong local reputation and growing population. In 2018, the Company’s total revenue was $678,332 with Seller’s Discretionary Earnings of $272,000 rounded. With a large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones.
The Company uses a 2 to 3 times markup on their merchandising products and strive to obtain a 30% to 40% profit on all funeral services.