Mike Keen

(540) 777-1585

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Company

Company Information:
Sunbelt Business Brokers of Roanoke, is the Southwest Virginia affiliate of Sunbelt Business Advisors, the nation's #1 Business Brokerage Network with over 350 offices in major cities nationwide.

Why buy an existing business?
The business brokerage profession generally holds that 20% of businesses are for sale at any one time and of those, 20% will eventually sell. Using our numbers, that means that there are 1,100,000 businesses for sale and of those, 220,000 will sell. With this many businesses for sale, there must be a right business for you!

Let's take a look at your options:

1. Get another job.
2. Start a business.
3. Buy an existing business.

Obviously, we think the third alternative is the best. Let's consider each alternative.

Get Another Job
If you have the necessary skills, and you are not too old (not politically correct, but true), you might be able to get another job. You might even find one that will provide an income sufficient for your family. However, there seems to be no end to the downsizing trend. Even if you find a job, you may very well be back in your current situation in a very short time. Job security is definitely a thing of the past!

Start a Business
This is scary, and it should be! Once again, there are many different statistics regarding business start-ups, but everyone agrees that over 50% of new businesses fail within the first year. Why take such a chance with your future and the future of your family? There are many unknowns in a start up. How much capital will be required? How long will it take to open for business? Where will you find employees? Can you get the necessary permits? Can you find the proper space for your business? How long will it take to get the income up to a point where you can start taking a salary? Etc., Etc., Etc.

We have a solution to the dilemma - Buy an Existing Business!!

Background:
Wayles Dandridge grew up in Roanoke and then moved to Richmond in 1991 after graduating from Emory & Henry College with a degree in Business Management. He spent 13 years in Richmond before returning home to Roanoke to open his Sunbelt office. He has extensive accounting and operations experience in the hospitality, retail, service and manufacturing sectors. Wayles has also bought, sold, or started numerous businesses, both franchise and independent.

Specialization:
Please call or email us today, or stop by our office on Campbell Avenue for a confidential consultation.

Areas Served

  • Roanoke County, VA

Established Businesses For Sale

Listing Headline
Date
Sale Price
Asking Price
Gross Revenue
Cash Flow
05/04/2010
$118,000
$99,000
$373,113
$105,000
04/03/2009
$301,233
$295,000
$4,777,298
$199,293
04/02/2008
$1,250,000
$1,250,000
$19,572,534
$443,928
06/07/2007
$269,000
$269,000
$762,172
$130,734
04/05/2007
$69,000
$69,000
$587,000
$90,000

Serving:
Roanoke County, VA

Contact Mike Keen


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