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Funeral Director in South Wales For Sale

Funeral Director in South Wales For Sale
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Register to see map and to make an appointment Situated on the WELSH/ENGLISH borders.

Turnover 3,274
Price 215,000 / 975,000

Features

Independent Funeral Directors Established 1972

2.5 acre site

Tarmaced parking for 8/9 cars

FUNERAL HOME BUILDING, weather proof timber frame & slate roof

Reception area & office

Fully furnished Chapel of Rest

Toilet

Preparation area with refrigerated room with space to accommodate 3 bodies.

The following vehicles are included in the sale:

2001 Volvo Hearse
2007 Volvo Estate fleet car
Ford Galaxy private ambulance, adopted for the collection of bodies.

Turnover

WE ARE INFORMED over he last 4 years the business has provided an average of 88 funerals per annum @ 2,147 per funeral. Sales year ending 2018 showed 170,237 with a gross profit of 137,494 and a net profit of 91,853. We are further advised sales year ending 2019 showed 179,310 with a gross profit of 144,302 & a net profit of 100,813. In the last 12 months the business has provided 93 funerals.

Staff

Operated by husband & wife partnership with 1 part time employee & additional staff as required.

Accommodation

The accommodation in the form of a DORMA BUNGALOW with OIL FIRED CENTRAL HEATING, DOUBLE GLAZED, comprises:

Large Lounge
Fitted Kitchen
Dining Room
Cloakroom with toilet & sink
Study

First Floor
3 bedrooms, 2 doubles, 1 single
Bathroom with corner bath, shower cubicle, toilet & sink

Outside

Detached garages & workshop to the rear built 1986

Tenure

We understand the vendors, subject to satisfactory references, are prepared to grant a new 9 years lease at a rental of 20,000 p.a. (excluding the accommodation & field) with rent reviews every 3 years.

RETIREMENT SALE

Price

TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS & VEHICLES (excluding the accommodation & field) 215,000 subject to contract.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY INCLUDING FIXTURES, FITTINGS, VEHICLES & ACCOMMODATION 975,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 107,500 (lease) 682,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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