Do you want to start a funeral home franchise but lack ideas? If YES, here are 20 best profitable funeral home franchise opportunities for sale and their cost.
The funeral homes industry, or should we say, the death industry in the United States is very financially viable, and it has been that way for decades. With the increasing number of the aged in the United States, (approximately 57 million people are 60 and older), this industry is further set on the path of growth.
Research has it that the United states funeral industry makes about $20.7 billion in revenue annually, with the average number of funerals pegged at 2.4 million. A typical funeral in the United States can cost between $8,000 and $10,000. The figure is broken down as follows;
- Casket – $2,300
- Funeral director’s services fee – $1,500
- Embalming and body preparation – $600
- Funeral ceremony – $1,000
- Miscellaneous – (hearse, death certificate, obituary, etc) – $2,000
- Headstone – $2,000
These statistics project the funeral industry as a very profitable industry that an entrepreneur can buy into and make profits in a short while.
However, if you are not interested in starting a business in the funeral industry from the scratch, or you don’t have such business acumen and patience, then you have the option of going the franchise route. Funeral franchises in the United States are very diversified to suit the needs of every investor who wants to be part of the industry.
There are funeral home franchises, pet cremation franchises, funeral staffing, burial vaults as well as funeral floral franchises. Here are 20 best and viable funeral home franchises you can buy into and make profits from in the United States.
20 Best Funeral Home Franchise Opportunities for Sale and the Cost
1. Eternal Ascent Society
The Eternal Ascent Society started as an idea from Clyde West, who when asked how he would want to be buried, replied that he would want to be cremated and his ashes put in a balloon and sent off. This is basically what the funeral home is all about, after it patented Clyde’s idea on October 15, 1996.
The company’s idea and business process is all about putting the cremated remains of a human or pet into a balloon filled with lighter-than-air gas, and releasing it to the heavens. Joanie and Clyde West aims to bring this unique form of funeral to more American families through franchising the business. To own this franchise, no prior funeral or after care experience is required, you only need the drive to own and build a successful business.
- Initial investment – $20,000 – $50,000
- Initial franchise fee – $9,750
- Royalty fee – 0 percent
2. Cypress Pointe
This is a business that offers simple and affordable cremation services. Cypress Pointe is a cost effective cremation company that allows clients provide dignified funerals for their loved ones. They provide a grieving family the compassionate noble experience they would get in a traditional burial, and most importantly, they give families a positive experience as well as peace of mind that their deceased family member would be treated with the utmost care and respect. They also arrange funeral services or ash scattering ceremonies to families who need such services.
- Franchise fee – $50,000
This company, though it is a flower company, but a significant portion of its revenue comes from the funeral business. The company offers a variety of arrangements including sympathy bouquets, casket sprays, funeral wreaths and crosses. According to 1-800-Flowers representative, sympathy is a very important business for retail florists.
- Liquid capital required – $100,000
- Total investment – $75,000 – $350,000
- Total units – 225
4. Heritage Services: This company is a home based agency that specializes in offering staffing for funeral homes, bio clean up, and special ops recovery. Heritage services that began operation in 2002 specializes in the removal and transportation sector of the funeral home industry.
- Liquid capital required – $65,000 – $175,000
- Investment – $64,500
- Franchise – $25,000
5. Alternative Funeral and Cremation Services
This is a funeral home that offers from simple cremation without service to complete funeral and burial. Since its inception in 1992, Alternatives Funeral has grown to become one of the largest independently owned funeral homes in the United States as they serve more than 3,500 families annually. With cost consciousness and convenience as their watchword, Alternatives Funeral home offers a unique way to serve families funeral needs.
6. SereniCare Funeral Home
SereniCare is a funeral home that offers very affordable franchise opportunities to entrepreneurs. The company is a widely trusted name in the funeral industry and it has achieved tremendous success in recent years. Their business model is quite good because it is innovative and simple while making it easy for franchise owners to succeed. SereniCare works closely with franchisees by assisting them in understanding the business model, teaching them effective marketing techniques while providing personal support to ensure success of their business.
7. Legacy Funeral Home
The idea behind Legacy Funeral Homes was generated based on the deviation from the hitherto known boring funeral tradition. The owner David Clark hit on the idea of uplifting and changing the general feel of the funeral atmosphere into something more comfortable and accommodating to different personalities and grief methods.
To achieve this feat, Legacy Center was designed to look like a nice hotel, or somebody’s foyer as it has leather couches, chairs around the sitting area, plasma TVs, beautiful wood floors, dining area, kitchen and outdoor patio area where guests could sit out and enjoy the day. Legacy Funeral Home is indeed a new age process and approach to the funeral business.
8. Lovingly Managed: Lovingly managed is a funeral home that offers services such as funeral coordination and organization, post death practical support, help with moving, elderly escort service, monitoring service, residential and nursing home room clearance, state-funded funerals, and most importantly, green funerals.
9. Service Corporation International (SCI)
This company is classified as the leading provider of death care and services in North America. Service Corporation International operates a network of more than 2,000 funeral homes and cemeteries, with more than 22,000 employees. SCI assists families celebrate the significance of the lives of their deceased loved ones while preserving their memories with dignity and honor. SCI grossed $2.4 billion in revenue in 2012.
- Funeral homes – 1,437
- Cemeteries – 347
10. Paws and Remember
Paws and Remember is a pet funeral home that provides full service memorialization of pets of every description. The company offers high quality cremations, personalized urns and a wide variety of memorial products that help pet owners and families express their feelings, pay tribute, reflect and celebrate their pets lives. They also help service providers such as veterinary clinics, funeral homes and other pet service businesses help their customers during difficult times.
11. Pet Passages: Pet Passages is North America’s largest provider of pet funeral and cremation services. The company has also been recognized as a national leader in the pet loss industry. The company’s services include, secure Pet Tracking tools and Pet Tales, an online obituary system where clients can honor and memorialize their deceased pets. Pet Passages has 25 affiliates throughout North America.
12. Growers Direct: This is a flower company that caters mainly to funerals. Growers Direct has a wide selection of funeral floral pieces. They have sympathy flowers to fit all budgets. The company started operation in 1990 with the firm belief that there was no better way to provide flowers to customers than the traditional methods used in North America.
13. Going in style: this is a funeral home that offers a good business opportunity to those that wish to augment their retirement income. The company requires no franchise fee.
14. Pet Angel Memorial Center: this is a pet funeral home that provides high quality after-care to humans after their pets die. Pet Angel Memorial provides urns to hold the ashes, and a chapel for grieving families to say their last goodbyes. Clients are offered condolences and a chance to memorialize their pets by screen-printing their pictures in plates and throws.
15. Neptune Society: Neptune Society is the largest provider of affordable cremation services in the nation. The company now has about 45 locations nationwide and with plans to continue expansion in future. Over the past 40 years, their experienced team has assisted families, their loved ones and care givers in carrying out final wishes more affordably and with dignity and respect. Neptune society only offers franchise in the following counties in the United States, Los Angeles, San Luis Obispo, Santa Barbara and Ventura counties.
16. Distant Link: Distant Link is the only company in the world that offers multiple simultaneous video conferencing to the funeral industry. They offer live face to face interaction in real time such that up to 100 persons can attend at the same time. Their services make travel unnecessary during funeral arrangements.
- Liquid capital required – $59,900
- Investment – $59,900
17: Suspended in Time: this is a floral company with a difference. Suspended in Time preserves funeral flowers and other memorabilia for generations to come. In essence, the memories of your loved ones are suspended in time.
18. Willie A. Watkins Funeral Home Inc.: this funeral home has the philosophy that a funeral service is more of a celebration of life, than a mourning of loss, and as such, they plan services that grieving family members can remember with fondness.
The company offers flower cars, horse drawn carriage for processions, and the release of doves as a symbolic gesture of releasing the spirit of the dead to the heavens. Willie A. Watkins funeral home brand is a funeral home that provides individualized funeral services designed to meet the unique needs of each family.
19. Wilbert Funeral Services: Wilbert Funeral services focuses on the manufacturing of burial vaults. In 1930, the company invented the asphalt-lined concrete burial vault in a quest to make a water-proof vault. The asphalt was used to line the burial vaults to give them extra protection from ground weight and subsoil elements.
With this successful invention, the company started selling licences for the manufacture and sale of the vaults. As at 1997, the company’s network of licences grew to 192 and it covers United States and Canada.
20. Family Choice Funerals and Cremations
Family Choice is a Virginia based company that offers funeral and cremation services that are a reflection of the choices of the individual families that come to them. The company has the vision of becoming the first six sigma operating platform and franchise funeral home in the United States.
The company which operates under Harbeson Group prides itself with providing its clients all the information needed to make educated funeral decisions. Harbeson Group, in addition to providing funeral and cremation services, also offer DNA Memorial, that is, offering families a chance to preserve the DNA of their deceased loved ones for future purposes. These DNA samples are sometimes injected in ornamental keepsakes that the family can take with them to keep their loved ones closer to them.