Funeral Services – Kimberley Region - NP $500k+

9 days ago

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Reece O&#;Sullivan
 

Internal Ref: bus5134

Summary

An exceptional opportunity for an entrepreneur that understands one of life’s only guarantees can generate a healthy business model and lead to financ...

About the Business

An exceptional opportunity for an entrepreneur that understands one of life’s only guarantees can generate a healthy business model and lead to financial freedom.

This business has provided funeral services to the Kimberley communities for decades and now with the owner looking for a permanent relocation presents an opportunity for a savvy businessperson to have one of the most secure and in demand businesses available on the market.

Backed by Government contracts securing approximately 90% of the business revenues and permanent ongoing demand for their services, this business, operating with the owner and another part time staff member is showing FYE 2023 profit to an owner of $477,658.

As a significant bonus, the business premises is also a residential property essentially providing free accommodation to the owners as it is expensed and paid for by the business.

About the Business:

• Proven Expertise: The business has a trusted name in providing services to the communities in the Kimberley region.

• Secure Government Contracts: Government contracts secure approximately 90% of the business revenue streams.

• Permanent Ongoing Demand: The funeral services industry is based on one of life’s only certainties meaning you never have to worry about finding work for yourself.

• Simplicity is the key: The business employs a part time employee to take the load from the owner. All other services are subcontracted out to secure supply chains.

• Strong financials: The growing financial strength of the business means projected profits in excess of $500k per annum to a working owner can be proven to a Buyer.

What's Included in the Sale:

• Established brand and a strong reputation
• Assignment of all contracts, licenses and permits.
• A business premises that also includes a residence for the owners.
• Full training and handover from the existing owner.
• Property is available for sale subject to separate negotiation.

Reason for Sale: After growing up in the Kimberley and operating this business the owner is looking for a lifestyle change.

Growth Potential: The business is showing a strong financial uptrend which is growing year on year.

If you are considering a business that has permanent demand, government secured income streams, simplicity, a great lifestyle in the Kimberley and huge returns then nothing will compare to this opportunity.

Confidentiality:
All inquiries and discussions will be treated with the utmost confidentiality.

FOR SALE: $949,000

Contact the exclusive broker:

Reece O'Sullivan
Benchmark Business Sales & Valuations
M: 0419 19

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