2 Oklahoma Funeral Homes - Businesses, Bldgs. & RE

The current owners purchased the two Oklahoma funeral homes in 2017 & 2019, which are located about 30 miles apart. The owner/manager is willing to stay on to run the only locally owned funeral home in the city where he currently lives and will help during the transition period to assist the new manager at the other location.

One location has an apartment that could be utilized for on-call personnel or could be rented to a staffed employee for additional income.

The key strength of this business lies in the strong relationships formed between the owners, staff and the local communities in which they serve.

Financials:
2023 Total Combined Revenue – $1,533,357
Adjusted Combined Net Income - $526,925
2023 Case Counts – 255
6/20/2024 YTD Case Counts - 115
Four Year Case Average - 281
2023 Pre-Need Balance - $3,550,474

Facility #1:
Appraised RE Value 2017 - $1,400,000
Additional Land Value 2017 - $130,000 / 2.93 Acres
Funeral Home 9,276 Square Feet on 4.34 Acres
Metal Warehouse 2,400 Square Feet
Embalming 95% Performed In-house
1 Chapel with Seating for 200
2 Arrangement Rooms
2 Visitation Rooms

Facility #2:
Appraised RE Value 2020 - $694,000
Funeral Home 8,700 Square Feet on 3.25 Lots
Embalming 95% Performed In-house
1 Chapel with Seating for 125
1 Arrangement Room
2 Visitation Rooms