Sydney Streets REGION
Funeral business with 14ha of land for development in Taiwan
Unique business opportunity for a development company or group of investors. This family owned business is located in Taiwan, the business main activities are funeral facility management and cremation urns storage.
This business was founded in 1997, it owns 14.0882ha of land and a columbarium building which consist of 7 levels for urns storage for the deceased and 1 underground level for car park. It has excellent feng sui location and is close to the main city. The founder has passed away few years ago and family members wouldn't want to take over but would like to sell the business and use the money for charity.
Main business model is selling cremation urns to people which is a common practice in Asian culture. They are approved for a total of 290,000 urns in the building . Currently they have sold 70,000 urns space and there are still roughly between 80,000 and 220,000 urns available to sell (Number of urns available to sell depending on the size). Market price for each of the urns is ranging in 150,000NT to 300,000 NT.
The lands that they owned can be further developed into other usage subject to government regulation.
Potential land can be developed into:
1) Another building for urns storage (approval already granted but need to be renew)
2) Graveyards, Flower yards, etc
3) Aged care
4) Tourist attraction spot
Price: range between USD $120M - $130M (fluctuates with exchange rates)
For further information or a Confidentiality Agreement (CA), please enquire further through the website.
*Location description may be approximate and images may not be representative of actual business for sale.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF