**REDUCED** Family-Owned 28-Acre Cemetery Just Outside of Greenville

Greenville, SC (Greenville County)

**REDUCED** Family-Owned 28-Acre Cemetery Just Outside of Greenville

Asking Price:$1,100,000

Cash Flow:$51,238

Gross Revenue:$159,347

EBITDA:N/A

FF&E:$125,893

Inventory:N/A

Real Estate:$605,000

Established:1961

**REDUCED** Family-Owned 28-Acre Cemetery Just Outside of Greenville

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Business Description

This family-owned cemetery, established in 1961, is located in the foothills near Spartanburg, South Carolina. This cemetery boasts 28 acres, only 10 of which have been developed, leaving plenty of space for growth and expansion. This business is well-known in the area, and has a wonderful reputation for their friendly service and scenic views.

Attached Documents


Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Three buildings on 28 acres which include a 2,000 square foot home/office, and a 150 square foot building for storage. Currently, only about 300 square feet of the home/office is being utilized, but there is lots of space to transform the structure into a storefront. There is one full mausoleum on site with 100+ spaces that are already filled. Currently, there are 2,962 burials and purchased land plots on 10 acres, and 18 acres that are undeveloped for future growth and expansion.
Competition:
This is the only cemetery in a 10 mile radius. The beautiful, family-owned property sets this business aside from its competition, and is only one mile away from a local small town.
Growth & Expansion:
This business has tremendous potential for growth and expansion with 28 acres of land, only 10 of which have been developed. Top and bottom line profits can be increased by developing new gardens, building a new mausoleum and crematorium, employing a sales staff, and adding vault sales and floral arrangements sales.
Support & Training:
Currently, the cemetery is operated by the two owners. The owners agree to stay on an extended amount of time to assist during the transition. The business contracts a company each month to take care of mowing and landscaping, and contracts a separate company monthly to dig and cover graves.
Reason for Selling:
Retirement

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GreenTree Acquisitions Inc.

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GreenTree Acquisitions Inc.

GreenTree Acquisitions Inc.

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