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Funeral Services Business for Sale in Tel Aviv-Yafo, Israel

Application for creating a digital will and documents to be passed on to loved ones.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Tel Aviv-Yafo
Local Time 1:44 AM Asia / Jerusalem
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 160 thousand (Native Currency: USD 160,000)
Reason: Owner feels that the business can be better realized by funeral homes, life insurance companies or p... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
We have developed an app that would be used to provide a way for people to send out messages, videos, will and any other content to loved ones in case of death. Currently we are in the pre-revenue phase and have developed a beta app that is listed on the Google Play Store with over 500 downloads. We have around 150 active users. The app works by sending a link to the user every 60 days, and the user must click the link to confirm that they are okay. In case he does not click the link, we would call their close contacts and confirm their status. If they have passed away we would send out the documents and content that the user had uploaded on the app. The close contacts and the people who receive the documents are chosen by the user at the point of registration. We plan to generate revenue by tying up with funeral homes and life insurance companies to get a commission from registering users from them. We also plan to charge users a small fee to register. We have an active social media presence with a Facebook page having 1,000 likes and an Instagram page having over 7,000 followers. Due to the corona virus, we have received an increase of over 3,000% in the amount of downloads.
Products & Services Overview
Mobile app to pass on documents, images, videos to loved ones post their passing.
Facilities Overview
No physical office presence as it is a completely online business.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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