Thursday, December 20, 2007

Groundbreaking Business Idea

There is a constant quest to find the perfect business or way to make money no matter what state the economy is in.  Well, this may be an answer for some of you.  This idea hinges on a never changing fact of life.  The opportunity has endured every recession and economic downturn.  No need for me to build a case here.


We know that everyone has to die.  That is a given in life.  It begins and it ends.  Hopefully, those that have passed on made the most of theirs.  Mortuaries have more than proven that death deals dollars.  By the way, I wouldn’t want to be a mortician either.  Morticians are only part of the puzzle when someone is prepared for their final departure.  


All deceased individuals need a place to rest.  Have you ever wondered who owns the cemetery?  Why can’t it be you?  For some this may seem morbid, while others will see an opportunity.  Land is an asset that can not be replaced.  As time passes, the value of land increases.  Have you ever priced a burial lot?  The lot itself can be 20-40% of the total burial cost.  With a 10 acre cemetery, an individual could easily accommodate 250 burial lots at a minimum cost of $2,000 each in most areas.  The numbers will vary up or down depending on location.  Even still, that is a $500,000 estimate of potential revenue.  So, instead of feeling bad about capitalizing on someone’s inevitable death, you can feel good about providing a clean and respectable haven for the loved ones of many families to rest in eternity.  This also gives you an opportunity to help reduce the cost of burying a loved one as the owner of a cemetery or chain of cemeteries.


Before buying the land, I would suggest writing down the address.  Then, contact the planning and development department for that particular county or city to verify that cemetery zoning would be feasible for the property. This is definitely worth a thought.  I would love to hear about it.

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