Hello. Thank you for taking your time to read this. I come from a family business of 75 years of Mortuary Science. I myself have over 25 years of experience and know the business thoroughly. My business is a RECESSION PROOF business.
I am looking to purchase a Funeral Home selling for just little over a million one. Unfortunately for me I am not capable of getting financing as my credit is just about there but not enough and I don't have the down payment for it.
The funeral home I am talking about made almost a million dollars last year. And that's with no effort to promote it or advertise it. With some advertisement and promotion in the heavily densed population of Hispanics in the area I can at least double that amount.
I am looking for an investor to help me acquire the Funeral Home for the whole amount and let me pay him back with interest. Or put down 300 to 400 thousand to allow us secure the remainder of the balance amount through either a hard money or conventional loan. The idea is to be on a short term to later do conventional financing.
Again. Just to make sure. I DO NOT have the credit, financials, collateral (other than the Funeral Home itself after purchase ) or cash to put down. This is a scenario where someone with the means can step in and help me purchase the Funeral Home so I can start generating the revenue to pay back with interest.
I am open to all offers and ideas. Please be serious. Thank you.