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Asking Price : $645,000

Annual Gross Revenue : $726,341

Annual Net Profit : $195,208

Profit Multiple : x3.30

Inventory Value: $200,000

R-Index : 116

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From the Broker

For sale is an e-commerce and wholesale business which sells cremation urns and cremation jewelery world wide. The reported revenue for the trailing 12 months is $726,341. The companies main business is producing and selling proprietary cremation urns. In addition the company imports generic funeral products such as memorial books and high end cremation jewelery.

With multiple channels to market, products are sold both direct to consumers via a separately branded b2c e-commerce platform and wholesale B2B to funeral homes, crematoriums, jewelery stores and pet cremation companies.

In 2019 well established wholesaler in the US, will begin distribution of the Urns into the US market.

The potential for continued growth into new markets is huge.

NOTE: Approximately $39,500 in expenses can be added back and will be disclosed as SDE (Seller Discretionary Earnings). Inventory is included in the asking price. Note all figures on the listing and in the P&L are in AUD including. Asking price is in USD and does not include inventory (to be valued at the time at closing at cost price and sold with the business).

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Listed By

Sale Pending: No

First Seen: Thu, Dec 20th 2018

Last Updated: Fri, May 3rd 2019

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