Acquisitions Anonymous - #1 for business buying, selling and operating
Jump into the world of business acquisitions with hosts Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley.
We review real businesses for sale in each episode, providing expert insights, strategies, and tips to make savvy business moves like the pros. Perfect for entrepreneurs, investors, and anyone interested in buying and selling businesses.
Acquisitions Anonymous - #1 for business buying, selling and operating
The $599K Cemetery Deal That Could Last 100 Years
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In this episode, the hosts analyze a rural West Virginia cemetery listed for $599,000 that claims more than $10 million in future burial plot revenue—but may take decades to realize its full value.
Business Listing – https://www.bizbuysell.com/business-opportunity/10m-built-in-revenue-potential-from-an-established-cemetery/2460309/
Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.
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💰 Sponsored by:
CapitalPad is a private equity co-investment group for lower middle market deals. Accredited investors invest in searcher and independent sponsor transactions on a deal-by-deal basis, with minimums starting at $25K. Acquisition entrepreneurs with a deal under LOI can raise equity through CapitalPad's single-SPV structure, closing with one partner and one wire. Raise capital or invest at https://capitalpad.com
Quiet Light Brokerage specializes in helping entrepreneurs buy and sell businesses with experienced operators as brokers. They offer a free valuation clarity call to help owners understand what their business is worth and how to increase its value before selling. Learn more at https://quietlight.com/
What happens when a business broker lists a cemetery as having $10 million in future revenue potential for just $599,000? In this episode, Mills Snell and Heather Endresen break down an unusual acquisition opportunity: a long-established cemetery in rural West Virginia with more than 2,200 unsold burial plots, a house, office, warehouse, and a perpetual care fund included in the sale.
Key Highlights:
- Cemetery listed for $599,000 with claims of over $10 million in future burial plot revenue potential.
- More than 2,286 burial plots remain unsold, despite the cemetery operating since the late 1960s.
- Hosts discuss the rise of cremation and how burial trends impact cemetery economics.
- Significant questions around perpetual care funds, prepaid plots, deferred revenue, and regulatory requirements.
- Potential buyer concerns include customer concentration with local funeral homes and the extremely rural location.
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