As unpleasant as it is to think about, the funeral industry accounts for about $20 billion in US economic activity. If you are looking for funeral homes for sale, you will join about 113,000 others who work to lay friends and family and to rest. Death is no respecter of persons, and states across the country have options available for owning your own funeral parlor. Currently, there are just over 19,000 funeral homes established across the nation.
When looking to buy a funeral home, there are some considerations with licensing and operations that need to be taken into account. There is a required amount of education in order to move forward with ownership, but there are state and federal rules in place to ensure the safety, health, and dignity of the entire process. Purchasing an existing business will have had these criteria met, reducing the burden after your purchase. The average number of calls your services can expect to receive is about 113 a year, or about 150 funerals a year.
Not only does a funeral home assist with the preparation of the deceased’s body for viewing, burial, or cremation, it also addresses the logistical needs of transporting the body to and from its location at the time of death to the final resting place. Working with those who need your services also requires patience, empathy, and attention to detail. The extent of the services you offer should be comparative to the costs that are set, and income will be made through the mark-ups for things like coffins, the embalming fees, floral costs, and the amenities a client may select for the viewing, service, and burial portions.
Knowing about the industry before you make a purchase will help ensure you are a good fit for the business.