Roanoke, VA- Retail party supply business with 20+ years of success

Financial Information

  • Asking Price: $695,000
  • Gross Revenue: $1,015,461
  • Cash Flow: $184,770
  • Down Payment: 0
  • FF&E (Included): N/A
  • Inventory: N/A
  • Financing: No

Business Location

  • Roanoke
  • Virginia
Primary Business Category: Miscellaneous Store Retailers

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 [email protected] 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


Competition Description

This store has no direct competition that offers the wide selection.


Support / Training Comments

Owner will offer training to a new buyer


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1991
  • Franchise: No
  • Year Acquired: 1991
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: N/A
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Roanoke and Lynchburg

Contact: Mike Keen
Office Phone: 540-777-1585
Mobile Phone: 540-580-8700
Listing ID: ROANOVA001-N331

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