$1.34M Sales Multi-Location Funeral & Care Services in Iowa

May 15, 2026

by an intermediary in Addison, TX, USA

OVERVIEW Serving as the funeral and cremation provider since 1958, this firm maintains a dominant competitive position. The business operates a model across five strategically located facilities. $3.8 Million property will be sold alongside the business. These locations are situated within a tight geographic radius, ensuring logistics efficiency and deep market saturation for end-of-life services. With an experienced staff capable of independent operation, the company represents a turnkey opportunity for strategic expansion. OPERATIONS & REACH • 5 locations in a close vicinity • 70-year funeral market leadership • Recession-resistant industry model • Experienced, independent staff GROWTH OPPORTUNITIES • Expand pre-planning service sales • Digital marketing and SEO upside • Untapped regional bolt-on potential • Enhance personalized memorial items

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Reply by a searcher
from Wayne State University in Linden, MI 48451, USA

Luke, thanks for the tag, however this does not appear on the surface to even be worth requesting info on and I certainly would not recommend this to a searcher that isn't experienced in the space. I say that as someone who has specialized in the space for 30+ years, as everything from a licensed FD, funeral home, cemetery, crematory owner, Broker, lender, and did 3rd party valuations for a regional banks SBA lending program, and I am contributing author to the Business Brokerage Guide's funeral home valuation section. First, is the EBITDA $285,914 or is that the SDE, two different things. In the written description it says EBITDA, in the graphic it says SDE. Second, the business is being offered separate from R.E. that is not how it is typically done in the deathcare industry, as not only do you need to be personally licensed to operate a funeral home, the funeral home itself has to be licensed, one without the other, and you have nothing. Doesn't mean you can't split the business/R.E. internally for tax/liability purposes, but you want to own both plus, it make the financing way easier as you can get a longer amortization on your SBA loan if you own the R.E. as opposed to just the operating business so it improves your DSCR. Third, the 2026 proforma is very aggressive, especially considering the death rate was down in Q1 of 2026, and cremation rates are rising which negatively effects gross revenue. They appear to be asking $900K for the operating business and $3.8 million for the R.E., so a total of $4,700,000 that is 16.43X EBITDA. Funeral homes with less than $1 million in EBITDA typically sell for 5-6X EBITDA and that price includes the Real Estate. Since this business is spread between 5 buildings, it would fall in the lower EBITDA range, since you have fixed overhead times 5. So, this business, if the $285,000 is true EBITDA would maybe get a 6 multiple, so it is worth maybe $1.7 million for the business and real estate included, assuming no deferred maintenance on the buildings and vehicles. My advice, if the R.E. is really worth $3.8 the owner needs to call a commercial R.E. broker, and sell it as real estate, and maybe see if a local competitor will give you anything for the business assets. Of course, I could be wrong and maybe people are paying 16.43X for funeral homes, I really hope so, as that would mean my current business is worth just under $60 million!

Reply by a lender
from University of Missouri in Denver, CO, USA

Hey @redacted‌, would love to talk SBA on this one if you are in need of a lender. I can check if this would fit our funeral vertical.

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