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Consumables & equipment for the funeral industry

Reference
S7630
Turnover
£1m to £2m
Sector(s)
Business services, Medical, Miscellaneous, Retail & wholesale
Region(s)
UK Wide
Added
07 April 2021

Business description

The company is a single source supplier for the funeral industry, providing a one-stop solution for all of its clients’ requirements.

Products and equipment include, but are not limited to, examination gloves, sanitisers, cold rooms, embalming fluids, body bags, surgical equipment and
stretchers. 

In addition to its comprehensive product and equipment range, the business offers servicing and maintenance contracts, as well as undertaking funeral home and mortuary refurbishments and refits.

With the implementation of new legislation and Covid-19 exposing weaknesses within the funeral industry, the company is experiencing rapid growth and is poised to become a market leader within the sector for consumables and mortuary/funeral home refurbishments and upgrades. 

Our clients are offering the company for sale as part of their retirement plans.

Offers invited.

Highlights

  • Achieved a multitude of industry-recognised memberships and approvals,
    including the National Association of Funeral Directors, National Society of Allied and Independent Funeral Directors, Funeral Furnishing Manufacturer’s Association and REFCOM. 
  •  Has developed a large client database, totalling 2,000 industry contacts.
  • 95% of clients provide reliable, repeat business on an ongoing basis.
  • Predominantly works with independent funeral directors, funeral groups and hospitals. 
  • Fully relocatable opportunity.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 620 26
2019 (Actual) 729 71
2020 (Actual) 1,152 253
  • Turnover of £1.1m in YE20 with an adjusted EBITDA of £253k.
  • 86% increase in turnover since YE18. 
  • Adjusted EBITDA increase of 863% since YE18.

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