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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
Service
45
/100 score
Fair

Funeral Home

The only business with guaranteed, growing demand and zero competition from Amazon

Funeral homes provide burial and cremation services to families during their worst moments — and charge accordingly. The average traditional funeral costs $7,000–$12,000. Cremation services run $2,000–$6,000. Demand is completely non-discretionary and 100% recession-proof, and it is structurally growing as 76 million baby boomers age. Corporate consolidators (SCI, Park Lawn) pay premium multiples for established homes with steady call volume, creating a built-in exit path for operators.

Avg Revenue

$900K

Profit Margin

20%

Acquisition Multiple

3x - 7x

Startup Cost

$150K - $800K

Difficulty

4/5

How It Works

Families contact you when a death occurs (the 'first call'). You handle transport, body preparation, ceremony coordination, casket/urn sales, and paperwork. Revenue comes from service fees, merchandise, and coordination charges. Pre-need funeral plans (prepaid arrangements) create advance cash flow and lock in future business from customers who plan ahead.

Revenue Range

Low End
$300K
Typical
$900K
High End
$2.5M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 812210 · Funeral Homes and Funeral Services

Deals tracked
236
65 in last 24 mo
Median loan
$1.4M
$785K–$2.2M p25/p75
Implied deal size
$1.6M
median · ~85% LTV
Charge-off rate
0.0%
of loans that finished

Deal Size Distribution

<$150K
4
$150K–500K
27
$500K–1M
55
$1M–2M
78
>$2M
72

Deal Flow Over Time

Deals per year · median loan
$1.3M
2020
40
$1.3M
2021
51
$1.5M
2022
38
$1.5M
2023
26
$950K
2024
30
$1.3M
2025
45
$1.8M
2026
6
12-month momentum
-28.9%
deal volume vs prior 12 mo
Median loan Δ
+105.8%
27 recent · 38 prior

Financing Profile

Median rate
8.94%
12% fixed · last 24 mo
Median term
300 mo
real-estate heavy
Collateralized
99%
of loans secured
Median jobs
5
supported per deal
Top lenders in this space
Live Oak Banking Company103
United Midwest Savings Bank National Association18
North Valley Bank12
The Bancorp Bank National Association11
Union Bank and Trust Company4
Where deals happen
PA23
NY20
NJ18
OH13
IL13
IN12
WI12
NC10
CA8
MN8

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025CO$1.2M$1.4M2
Dec 2025SC$3.1M$3.7M15
Dec 2025IN$1.9M$2.3M4
Nov 2025NY$2.2M$2.6M8
Nov 2025NJ$1.6M$1.9M2
Nov 2025PA$1.6M$1.9M11
Sep 2025CA$2.4M$2.8M13
Sep 2025NY$2.3M$2.7M1
Sep 2025CO$2.2M$2.6M11
Aug 2025IN$3.7M$4.4M8
Volume rank #30/534Deal-size rank #61/534Momentum rank #159p90 loan: $3.6MData 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

  • +100% recession-proof — death is non-discretionary spending with zero demand elasticity
  • +Baby boomer demographic wave creates secular tailwind through 2040+
  • +Established homes carry generational community moats — families return for decades
  • +Roll-up consolidators (SCI, Park Lawn) pay 5–7x EBITDA creating strong exit options

Cons

  • -Requires a licensed funeral director (mortician) — significant regulatory barrier to entry
  • -Emotionally taxing work; staff burnout and retention are real operational challenges
  • -24/7/365 on-call availability required — this is not a passive investment

Best For

Investors seeking a recession-proof acquisition with a clear corporate roll-up exit, or operators willing to hold a generational cash flow business

Operating Costs

Key costs: licensed funeral director wages ($60K–$80K/yr), hearse and transport vehicles, facility maintenance, embalming chemicals, and specialized insurance. Cremation trend improves margins by reducing facility and casket costs.

SBA Financing Estimator

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

$-1050/mo
after debt service
Deal price — $2.3M
Range: $2.3M (3×) to $7.2M (7×+)
Down payment — 15% ($338K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.00%
SBA median for this category: 8.9%
Loan term — 25 years (300 mo)
SBA median for this category: 300 months
Down payment
$338K
15% equity injection
Loan amount
$1.9M
85% SBA-financed
Monthly payment
$16K/mo
$2.9M total interest
Monthly profit
$15K/mo
at 20% margin
Monthly cash flow after debt service
$-1050/mo
Margin does not cover debt service at these terms. Lower the deal price, increase the down payment, or extend the loan term.

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

Find funeral home acquisition listings across the US

NFDA

National Funeral Directors Association — industry data and member resources

DealStream

Business marketplace with funeral home industry benchmarks

45/100Fair

Acquisition Score

Profit margin
13/30
Entry multiple
8/25
Market depth
9/20
Risk (charge-off)
15/15
Deal momentum
0/10

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

Quick Facts

Category
service
Difficulty
4/5
Buy price
$2.7M$6.3M

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