Pet Cemetery
Today’s business start-up idea is a pet cemetery. If you have had to bury a loved one in the past, you know that it isn’t cheap. People also love their pets. If you have seen the success of Dog whisperer and Animal planet, you can see it’s an area that is growing by leaps and bounds. According to studies, the Pet Industry: to Surpass $43 billion by 2011.
Click the player below to listen.
Why not combine two of the largest growing industries out there and start a pet cemetery.
Capital Requirements:
First you have got to have a piece of land, preferably outside the city limits, close to your clients. You can contract or buy a lot of things like; lawn care, headstones, grave supplies, caskets, etc, which mean you don’t have to keep a big inventory on hand. You will also need a nice building for business and an area for funerals ceremonies. Your start up cost could be somewhere between 45,000-60,000, depending on many factors. If you get a crematory, it will be substantially more.
Potential Income:
There is one thing for sure, animals are going to continue to pass away. Your success will be directly related to convincing people that they need to give their animal a proper funeral. If you have an acre of land, you will have in the range of 2,000+ lots for sell. If you sell each lot for $500, that is a cool 1-million profit with barely any investment!
Customer Base:
Look for clients in large, urban areas that may have strict animal disposal rules in the city they live in. They will need disposable income and be huge animal lovers. If a city has an animal park that is a red flag that people would appreciate a service like this.
Assistance:
There is very little assistance to start a business like this. As a matter of fact, you will probably be competing against non-profit organizations that will dispose of their animal for free. You will have to convince people that your service is a more respectable way for their pet’s final resting place.
Shawn: While the pet cemetery is not for me, someone out there could make some cold hard cash if they pursued this interesting idea. Something we did not cover in the audio is the capital requirements for entry into this. Depending on the location, and as we know, location is everything … an acre of real estate near a larger metropolitan is not going to be cheap. However, with all that said … for the right person this idea might would work.
Will: There are two kinds of people I think would be best suited for this; a veterinarian or someone with funeral home experience. The veterinarian deals directly with people whose animal has past away and could provide a service to the people. On the other hand, a person who may have knowledge of the funeral service will know all the ins-and outs of how to manage and sell the products. This business has many areas to grow that are too long to list.
This business is “the perfect storm”. There is an area for this market but it is very specialized and all the perfect elements must be in place. But if all the dominoes line up, look out! You could be in for a very successful opportunity without a lot of overhead or risk. A successful business may not happen over night, but with the right clients, this business could go through the roof! At the end of the day, its just dirt and headstones. I don’t know of any way you could make this kind of profit margin with 1 acre of land and some good advertising