Roanoke, VA-Retail party supply with over 20 years in the area

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Asking Price:
$695,000

Gross Revenue:
$1,015,461
Cash Flow:
$184,770
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Retail party supply business with 20+ years of success in the Roanoke Valley. This well- established business is the largest and most varied selection of party supplies and balloons in the area, carrying unique items and custom imprintables in their custom print and shirt shop. The party supply business also has a large selection of costumes, tableware, Birthday themes, mylar balloons and much more. The current inventory is approximately $400,000.

This party supply business is the destination shop for anyone in the area planning a party and has been maintained by the Owners since inception. The space for this business is currently leased in a busy shopping center with high visibility in a very desirable area. The business can be relocated if a new Owner should choose to do so.

This business has a strong community loyalty. Not only is there no direct competition with the selection they offer, this opportunity is the first stop for realtors doing open houses in the area as well as a very profitable and successful balloon business; which can afford the opportunity to increase profits! The established social media, website, customer database, and name recognition make this a complete turn-key business to continue to thrive and grow with new ownership.

For more information on this listing, contact:
Mike Keen, CFE, CMSBB. Broker / Realtor at:
Cell (540)-580-8700 | Office- (540) 777-1585
or email at mkeen@sunbeltnetwork.com.

For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg | United Country/Roanoke Realty & Auction at (540) 777-1585 located at 2947 Peters Creek Rd. Roanoke, VA. Visit our company website at: https://www.sunbeltnetwork.com/roanoke-va/
You can also visit and like our Facebook page and receive periodic business listing updates at: https://www.facebook.com/sunbeltbusinessbrokersroanoke/
Our proven track record of uniting buyers with an ideal business they are seeking, while providing our sellers the confidence that we can nurture the sale of their business, is built by providing exposure to a large and qualified pool of buyers; which sets us aside from the competition

About the Business

Location:
Roanoke, Virginia
Year Established:
1991
Market Outlook/
Competition:
No direct competition in the area that provides the size and supply of this retail party supply store.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner will provide training to a new buyer

Listing Info

ID:
1665391
Ad Detail Views:
283

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Business Listed by

Mike Keen

Sunbelt Business Brokers

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