Listing Information for
$4,500,000.00
Cemetery, Mausoleum, Memorial Park
Description
This turnkey cemetery is fully licensed as a Cemetery, Mausoleum, and Memorial Park. The property consists of 32 acres, with the original 16 acres at 90 % capacity. The other 16 acres are currently under development. All local, county, and state approvals, permits, and licenses have been granted, along with other necessary approvals. A business valuation was prepared by a professional valuation firm using a conservative sales forecast based on future earnings. The location is in an attractive setting located in a prestigious area. It is surrounded by a large population base. A number of nearby competitors are at or close to full capacity. The existing cemetery should generate approximately $12 Million and the additional 16 acres generating approximately $50 Million in revenue. Retirement is the reason this long-standing business is being sold.