What percentage of people cremate their pets?

What percentage of people cremate their pets?

Over ninety percent of pets are cremated and less than ten percent are buried.

Is it weird to cremate a pet?

Pet cremation is often the most convenient option — as it’s typically more affordable and still allows you to have a memorial for your pet. Many families agree that pet cremation is an excellent choice: according to a survey by the Pet Loss Professionals Alliance, 99\% of pet funerals each year involve cremation.

How big is the pet cremation industry?

Pet Cremation Services in the US industry trends (2016-2021) Consequently, over the five years to 2021, industry revenue has increased at an annualized rate of 10.4\% to $646.0 million, including a 0.7\% decline in 2021 alone….

Is pet crematory profitable?

That means the average pet crematory does about 1,500 pet cremations per year. With an average price of about $250 that is about $375,000 in revenue, but other than the fuel cost, that is all Gross Profit! When a pet crematory is valued on its own, it might sell for about three times EBITDA.

How much does it cost to cremate a human?

The average cremation cost is between $4,000 and $7,000 depending on the type of cremation. Direct cremation costs between $2,000 and $5,000. Funeral costs are rising and more people are turning to cremation instead of burials to save money.

Is Pet cremation a good business?

A pet cremation business, or ‘pet loss’ business, is a lucrative funeral market and brings huge earning potential, especially as pet funerals continue rising in popularity. Together, this growth market and increasing demand strengthen the case for starting your own pet cremation business.

Can I bury my pet in my yard?

Backyard burial may seem like the easiest way to respectfully take care of your pet’s remains. Unfortunately, it can be dangerous for other pets and wildlife. If your pet dies of a disease which could be spread to other animals or even people, their body might also pose a risk.

Should you keep your pets ashes?

There is no right or wrong when it comes to keeping, burying, or scattering your pet’s ashes after cremation. Every pet owner must find the solution that they feel most comfortable with. Upon the completion of the cremation, your pet’s ashes are returned to you.

How much do pet crematory make?

That means the average pet crematory does about 1,500 pet cremations per year. With an average price of about $250 that is about $375,000 in revenue, but other than the fuel cost, that is all Gross Profit!

How much does pet cremation equipment cost?

The Pet Cremator ROI numbers are rounded off for simplicity: – Cremator price $20,000. – Life of cremator 15 years. – Assume $4000/yr for 5 years to pay it off. Assume 1 animal cremation per two days, 180/year charging $150 per animal.