MergerPlace

Wrap and Smoothie Restaurant in college town

Roanoke, Virginia (Salem)


  • Asking Price: $149,000
  • Gross Income: $270,794
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #214092
  • Established: 2013
  • Employees:

Business Description

Smoothie and Wrap restaurant for sale in a bustling college town that is known for producing made-to-order wraps, tasty acai bowls, salads, soups, desserts and delicious smoothies with only the freshest ingredients. As the health craze continues to grow this is an ideal opportunity to own a business that will only continue to thrive as the population continues to seek out healthy alternatives. Whether you are seeking a mid-afternoon smoothie or healthy meal, every item on the menu is as good for your body as it is for your taste buds.

This Smoothie and Wrap business, which was established in 2014, offers take out and catering services; which make up a large portion of the business. This restaurant has clientele that range from college, high school and middle school students, business professionals to the general public. This business is ideally located in the downtown district of a “local business loyal town” and adjacent to the local college; providing easy access for students and staff alike.

Due to the proximity of the college and location, staffing is not typically an issue with this business as there are always students seeking work. Typical business hours are 10 a.m.- 7 p.m. Monday-Friday, 10 a.m.- 6 p.m. Saturday and closed on Sunday. The 1500 sq. ft. building is leased and provides an ample kitchen, conference room, office, dining areas and 2 restrooms. Currently, the city has plans to expand the sidewalks; which will allow for additional outdoor seating for this location. This sale will provide all inventory and equipment; which is all in good working order and all technology is up to date.

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.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
Metropolitan Area: Roanoke
County: Salem

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $149,000
Gross Revenue: $270,794
EBITDA: $44,491
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Unlimited opportunities for growth with additional marketing, additional take-out and deliveries as well as menu expansion.

Competition:

There is no direct competition in the area with the same type of cuisine.

Reason for selling:

Retirement

Support & Training:

Current owners will train a new Buyer.

Contact Business Seller

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Business Listed By:

Mike Keen

Sunbelt Roanoke and Lynchburg