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Profitable Funeral Services Business Investment Opportunity in Vilnius, Lithuania

Startup for cemetery digitalising solutions with help of QR codes is looking for investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 3 - 4 thousand
Run Rate Sales USD 3.6 thousand
EBITDA Margin 40 %
Industries Digital Technology Services + 1 more
Locations  Vilnius
Local Time 9:04 AM Europe / Vilnius
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 168 thousand for 40.0% stake (Native Currency: EUR 150,000)
Reason: We have conducted research on other companies providing similar services. In the USA, average compan... View More
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Business Overview
- Company providing digital and physical-based QR tables.
- These QR tables are created for cemeteries to digitalize the information about the deceased.
- This way makes the cemetery a more live and interactive place to visit.
- We have a website where people can add information and share memories about their loved ones who have passed away.
- We have created the website on our own.
- Have provided the QR code to 38 people so far.
- We have started operations 16 months ago.
- Revenue is generated through plans that are taken by the users to add information about the deceased.
- The QR code is digitally generated which is manufactured by our partner company and sent to the customers.
- The QR codes are customizable.
- The promoters have prior experience in running and operating a logistics business.
- We have a registration certificate.
- The employees are the partners and the IT expert for the website.
Products & Services Overview
We manufacture physical QR codes for cemetery's and gravestones based on our website generated unique QR codes generated when user profile is created. Customers can add unlimited information about their relatives that passed away, add photos, videos, music that is worth remembering and attach exact location of gravestone in cemetery and use it to find on google maps.
Assets Overview
The business does not have any physical assets. The intangible assets include a website, domain, hosting, and further domains with names saved for future worth. Overall worth EUR 20,000. We are launching a completely new website with multilingual support to expand globally. It will feature new functions, a more user-friendly interface, and much more to come.
Facilities Overview
We work from a co-working space, where our team meets.
Capitalization Overview
- Three owners who share 33.5/33.5/33 percent of shares.
- The establishment was made from personal savings.
- The business does not have loans or debts.
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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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