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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Physical
38
/100 score
Fair

Cemetery / Memorial Park

The one business with guaranteed demand

Cemeteries sell burial plots, headstones, and perpetual care contracts. Pre-need sales (selling plots before death) generate significant upfront cash flow. Perpetual care funds earn investment income. Cemeteries have operated for centuries — the ultimate long-term business.

Avg Revenue

$500K

Profit Margin

30%

Acquisition Multiple

3x - 8x

Startup Cost

$500K - $3.0M

Difficulty

4/5

How It Works

Revenue comes from plot sales, headstone/marker installation, opening/closing fees for burials, and perpetual care contracts. Pre-need sales (selling plots to living customers) provide upfront cash. Many cemeteries also offer cremation niches and columbarium spaces as cremation rates rise.

Revenue Range

Low End
$200K
Typical
$500K
High End
$2.0M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 812220 · Cemeteries and Crematories

Deals tracked
19
3 in last 24 mo
Median loan
$852K
$421K–$1.5M p25/p75
Implied deal size
$1.0M
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
0
$150K–500K
5
$500K–1M
6
$1M–2M
5
>$2M
3

Deal Flow Over Time

Deals per year · median loan
$738K
2020
5
$675K
2021
7
$1.5M
2022
4
$500K
2024
1
$1.4M
2025
2
12-month momentum
Not enough dated data to compute

Financing Profile

Median rate
9.75%
0% fixed · last 24 mo
Median term
192 mo
real-estate heavy
Collateralized
100%
of loans secured
Median jobs
6
supported per deal
Top lenders in this space
IncredibleBank4
Live Oak Banking Company3
Simmons Bank1
Northwest Bank1
Wallis Bank1
Where deals happen
TX5
FL5
MO2
SC2
PA2
WA1
KS1
AZ1

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2024FL$1.5M$1.7M80
Oct 2024TX$1.3M$1.5M19
Jul 2024WA$500K$588K5
Sep 2022FL$265K$312K2
Aug 2022MO$2.7M$3.1M2
Mar 2022FL$1.9M$2.3M12
Nov 2021TX$998K$1.2M10
May 2021MO$421K$495K6
Mar 2021PA$162K$191K5
Mar 2021FL$2.7M$3.1M85
Volume rank #260/534Deal-size rank #192/534p90 loan: $2.4MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Demand is literally guaranteed — mortality rate is 100%
  • +Pre-need sales generate cash flow years before service delivery
  • +Perpetual care funds provide investment income in perpetuity
  • +Very high barriers to entry — zoning for new cemeteries is nearly impossible

Cons

  • -Heavy regulation at state and local level
  • -Cremation trend is reducing plot demand in some markets
  • -Large upfront capital requirement for land and development

Best For

Patient, long-term investors comfortable with a unique business model

Operating Costs

Costs include grounds maintenance, staff for burials and sales, regulatory compliance, insurance, and perpetual care fund management. Many cemeteries operate with 5-15 employees.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$2K/mo
after debt service
Deal price — $1.3M
Range: $1.3M (3×) to $4.5M (8×+)
Down payment — 15% ($188K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.75%
SBA median for this category: 9.8%
Loan term — 16 years (192 mo)
SBA median for this category: 192 months
Down payment
$188K
15% equity injection
Loan amount
$1.1M
85% SBA-financed
Monthly payment
$11K/mo
$1.0M total interest
Monthly profit
$12K/mo
at 30% margin
Monthly cash flow after debt service
+$2K/mo
Down payment paid back in ~121 months — long horizon

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell

Search for cemetery businesses in the general listings

ICCFA

International Cemetery, Cremation and Funeral Association

38/100Fair

Acquisition Score

Profit margin
20/30
Entry multiple
4/25
Market depth
0/20
Risk (charge-off)
8/15
Deal momentum
5/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
physical
Difficulty
4/5
Buy price
$1.5M$4.0M

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