[UPDATED] Upmarket Funeral Director Business for Sale in Johannesburg North
About this business for sale[UPDATED] Upmarket Funeral Director Business for Sale in Johannesburg North
An opportunity exists to own this long-standing up-market Funeral Director Business located in the northern suburbs of Johannesburg.
Established since 2004, this Funeral Director Business offers unique, all inclusive, best in class, family support focused funeral services within a one of a kind privately owned memorial park.
The new owner will purchase both a long standing, highly profitable and well established funeral directors name/brand in the local market, offering a staff complement capable of running the business independent of the owner, the opportunity to growth and ultimately a very attractive location within an up-market community serving a very large market.
Turn-over of more than R8.5 Million per annum, a Year-to-year sale growth of 22% and a high asset base of more than R2 million, i.e. a fleet of 5 top-class vehicles.
The latest updated financials for the 10 months period ending Dec 2017 reports a
net-profit / total owner’s discretionary earnings of R2,439,989 - a monthly
net-profit of R243,999.
This significantly improved financial performance offers an excellent return on investment opportunity of more than 59% and a payback period of 20.5 months.
The Purchase price of R5,000,000 including assets and stock.