Description

Opportunity

Chilliwack Cemeteries is one of the oldest, continuously operating private cemeteries in British Columbia. Set on top of Mount Shannon, the 16.87 acres cemetery offers a sweeping view of the Fraser Valley. With over 2,000 available burial plots, and virtually unlimited niche walls, the options for maintaining or scattering cremated remains is extensive.

Recent trends indicate a high percentage of internments favor cremation. Chilliwack Cemeteries has a proven track record for providing niche walls and columnbariums, offering unique, special places for families and friends to visit and remember their loved ones.

Included in the share purchase is a Perpetual Care Fund, which currently is valued at over $1.7 million. Interest from this fund is directly paid to the business for the purpose of maintaining the cemetary grounds. Due to historically low interest rates, there exists today an excess of $500,000 unrealized care income owed to the company by the Perpetual Care Fund.

Business Highlights

  • One of the oldest private cemeteries in British Columbia, in operation for over 125 years
  • Located on a hillside ± 9 km east of downtown Chilliwack with panoramic views of the Fraser Valley
  • Share price includes extensive inventory

Property Documents

Address

  • City: Chilliwack
  • State/county: BC
  • Country: Canada

Detail

  • Price: $1,700,000/Including Property
  • Property Type: Business, Service, with Property
  • Property Status: SOLD