Buyers

Business for Sale by Owner: Most profitable companies in Virginia

Author:
Saad Benryane

1. Specialized Freight Companies: 27-year History Disadvantaged Business:

RVA Business Brokers are delighted to bring this incredible opportunity to purchase two highly reputable specialized freight companies for one price. Established in 1996, the companies are part of Virginia's $1.2 billion specialized freight industry with a focus on hauling asphalt, liquid asphalt, sand, and gravel for departments of transportation projects. The companies have a diverse business plan which includes an over-the-road division hauling agriculture and feed products, recycled steel, stone, and sand. They are building a snow removal and deicing division, which will service businesses, HOAs, and residents, in addition to government agencies.

Details:

  • Location: Fredericksburg, Virginia (Stafford Co.)
  • Asking Price: $7,500,000
  • Gross Revenue: $14,000,000
  • Cash Flow: $1,500,000 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: $100,000 (included in asking price)
  • FF&E: $3,350,000 (included in asking price)
  • Real Estate: Not Disclosed
  • Year Established: 1996
  • Number of Employees: 21

Key Aspects:

  1. Diverse Services: Hauling asphalt, liquid asphalt, sand, gravel, agriculture products, feed products, recycled steel, stone, and sand.
  2. Expansion: Developing a snow removal and deicing division for various clients, including government agencies.
  3. Reputation: Outstanding reputation with a loyal client base, including a top client for 27 years.
  4. DBE Status: Woman-owned and Disadvantaged Business Enterprise (DBE) status enhances success.
  5. Equipment: Sale includes 31 trucks and $3,347,091 in assets, equipment, and vehicles.
  6. Financial Performance:some text
    • 2022 Revenue: $14,144,605
    • 2022 SDE: $949,380
    • 2023 Projected Revenue: $19,000,000
    • 2023 Projected SDE: $1,531,000
  7. Client Longevity: Top clients have long-term relationships, with the number one client accounting for 80% of business over dozens of projects each year.

Opportunities:

  1. Market Expansion: Increase market share in specialized freight and snow removal services.
  2. Client Base: Expand client base and diversify revenue streams.
  3. Technology Integration: Implement advanced logistics and fleet management technologies.
  4. Geographic Reach: Explore opportunities to serve new regions and markets.

Headquarters and Real Estate:

  • Facilities: Leased space in an excellent facility.

Current Markets:

  • Clients: Works with asphalt companies, general contractors, and brokers.

Shareholder Objectives:

  • Reason for Selling: Retirement and health.
  • Support & Training: As needed and negotiated.

This listing offers a significant opportunity to acquire two established and profitable specialized freight companies with a strong reputation and a loyal client base. With growth potential and a strategic position in the industry, this is a valuable investment opportunity. Prospective buyers should contact the seller directly to learn more and explore this exciting opportunity.

>> Contact Seller <<

2. Very Profitable Bar & Restaurant:

Looking for a prime location to kickstart your entrepreneurial journey? Look no further! This fully renovated, fully staffed, and spacious bar and restaurant offers an outstanding opportunity for success. Boasting over 14,000 square feet, this establishment features top-of-the-line equipment, a stunning interior design, and a unique, pristine ambiance that sets it apart from the competition.

Details:

  • Location: Richmond, Virginia (Richmond City Co.)
  • Asking Price: $3,300,000
  • Gross Revenue: $3,118,111
  • Cash Flow: $1,539,570 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed (included in asking price)

Key Aspects:

  1. Prime Location: Situated in a prime area of Richmond, offering great visibility and foot traffic.
  2. Renovated Facility: Fully renovated with top-of-the-line equipment and stunning interior design.
  3. Spacious Layout: Over 14,000 square feet of space, providing ample room for guests and events.
  4. Absentee Ownership: Management in place for absentee ownership, ensuring continued profits.
  5. Motivated Seller: Current owner is motivated to sell and ready to pass on the reins to an enthusiastic entrepreneur.

Opportunities:

  1. Event Hosting: Potential to host private events and parties.
  2. Marketing Campaigns: Implement targeted marketing to attract more customers.
  3. Menu Expansion: Introduce new menu items to attract a broader customer base.
  4. Partnerships: Collaborate with local businesses for joint promotions.

Headquarters and Real Estate:

  • Building SF: 14,000
  • Real Estate: Leased
  • Rent: Not Disclosed

Current Markets:

  • Clientele: Serves a diverse customer base in Richmond, Virginia.

Shareholder Objectives:

  • Reason for Selling: Motivated to sell to pursue other interests.
  • Support & Training: Owner will provide training for 1-2 months.
  • Seller Financing: SBA pre-approved and the owner is willing to offer seller financing up to 10%.

This exceptional bar and restaurant represents a unique investment opportunity in Richmond's vibrant food and beverage scene. With its prime location, renovated facility, and strong financial performance, it offers significant growth potential for an investor. Prospective buyers should contact the seller directly to learn more and explore this exciting opportunity.

>> Contact Seller <<

3. Full Service Glass Business Serving SE VA - SBA Approved:

Operating successfully for over 40 years, this glass installation and repair shop offers a diverse and consistent revenue stream. Located in southeast Virginia, the business provides repair and installation services for commercial, residential, auto, marine, heavy equipment, seamless shower glass, and more. With on-site, mobile, and drop-off options, customers can choose their preferred method and budget. The business has built a strong reputation and brand recognition, providing plenty of potential for growth under new ownership.

Details:

  • Location: Virginia
  • Asking Price: $1,200,000
  • Gross Revenue: $1,544,709
  • Cash Flow: $565,523 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: $50,000 (included in asking price)
  • FF&E: $130,000 (included in asking price)
  • Real Estate: $650,000 (not included in asking price)

Key Aspects:

  1. Established Business: Operating successfully for over 40 years with a strong reputation.
  2. Diverse Services: Repair and installation for commercial, residential, auto, marine, heavy equipment, and seamless shower glass.
  3. Service Options: On-site, mobile, and drop-off services available.
  4. Revenue Streams: Diverse and consistent revenue streams.
  5. Assets: $180,000+ in current assets and inventory included, including 5 vans and an A-frame glass rack.
  6. Growth Potential: Consistently high growth rates in recent years.

Opportunities:

  1. Expand Services: Potential to expand services offered and increase customer base.
  2. Marketing Campaigns: Implement targeted marketing strategies to attract more clients.
  3. Geographic Expansion: Explore opportunities to serve new regions.
  4. Semi-Absentee Ownership: Potential for semi-absentee ownership with experienced technicians and management in place.

Headquarters and Real Estate:

  • Facilities: Owned, in good to very good condition.
  • Real Estate Available: Asking $650,000.

Current Markets:

  • Clientele: Serves many industries, including commercial and residential real estate, marine, auto, heavy equipment, and more.

Shareholder Objectives:

  • Reason for Selling: Retirement
  • Support & Training: 4 weeks of transition and training at no additional cost.

This turnkey business represents a prime investment opportunity with strong financials and growth potential. With its established reputation and diverse service offerings, it is well-positioned for continued success under new management. Prospective buyers should contact the seller directly to learn more and explore this exciting opportunity.

>> Contact Seller <<

4. Full Service Digital Marketing Agency:

This exciting business provides website design, development, and maintenance to over 140 small businesses. Additionally, it offers a wide array of services such as internet and social media advertising, marketing programs, Google ranking management, and customer data management services.

Details:

  • Location: West Virginia
  • Asking Price: $2,295,000
  • Gross Revenue: $600,000
  • Cash Flow: $550,000 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $5,000 (included in asking price)
  • Real Estate: Not Disclosed

Key Aspects:

  1. Service Offering: Website design, development, and maintenance for over 140 small businesses.
  2. Additional Services: Internet and social media advertising, marketing programs, Google ranking management, and customer data management.
  3. Growth Rate: Top-line revenue grew by 50% per year over the last two years.
  4. Recurring Revenue: 90% of income is recurring monthly, with 10% project-related.
  5. Low Overhead: Operates as a virtual company with minimal expenses and no debt.
  6. High Profitability: Netting over $500,000 with only $50,000 in annual expenses.

Opportunities:

  1. Employee Expansion: Potential to grow significantly by hiring employees and scaling operations.
  2. Market Potential: The market is under-served with over 30 million small businesses in the United States.
  3. Growth Pathway: The seller can provide a roadmap to grow the business to a multi-million-dollar enterprise.
  4. AI Integration: Leveraging AI to reduce costs and increase efficiency.

Headquarters and Real Estate:

  • Facilities: Home-based and relocatable, requiring only high-speed internet access.

Current Markets:

  • Clientele: Over 140 small businesses, with services provided across various sectors.

Shareholder Objectives:

  • Reason for Selling: Other business interests requiring additional capital.
  • Support & Training: The seller will offer 30 days of training and up to a year as an advisor under a mutually agreeable consulting agreement.

This digital marketing agency represents a highly profitable and scalable business opportunity. With its established client base, high growth rate, and potential for expansion, it is well-positioned for continued success under new ownership. Prospective buyers should contact the seller directly to learn more and explore this exciting opportunity.

>> Contact Seller <<

5. Highly Successful Brewery, Brew Pub & Wholesaler:

This brewery and brew pub has been operating successfully for nearly 10 years and continues to see popularity and revenue increase. Located near a busy intersection, the surrounding area is a mix of commercial and residential properties, with several shopping centers, restaurants, and hotels, making it a convenient area for businesses and residents. The brewery was formed from the owners’ love of beer and comradery and has grown into the multi-million-dollar business it is today with the help of a great staff, loyal constituency, and dedicated ownership. The brewery is dedicated to producing high-quality, distinctive craft beers that showcase the unique flavors of the region as well as creative food and pub favorites. About 2,000 barrels of beer are produced annually for sale on-site and wholesale through a distributor that reaches stores throughout Virginia.

Details:

  • Location: Virginia
  • Asking Price: $2,410,000
  • Gross Revenue: $4,514,052
  • Cash Flow: $535,668 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: $50,000 (included in asking price)
  • FF&E: $722,648 (included in asking price)
  • Real Estate: Not Disclosed

Key Aspects:

  1. Revenue Streams: Multiple revenue streams including beer wholesale, on-site and to-go beer and food, and merchandise sales.
  2. Production Capacity: Currently producing about 2,000 barrels a year with the capability of producing 5,000 barrels with current facilities and equipment.
  3. Prime Location: Situated near a busy intersection with high visibility and traffic (DOT reports 25,000+ passersby from 7 am-7 pm daily).
  4. SBA Pre-Qualified: Business is SBA pre-qualified.
  5. Turnkey Operation: Solid staff and management in place for day-to-day operations.
  6. Consistent Growth: Consistent growth rates over the past few years.

Opportunities:

  1. Increased Production: Opportunity to increase production capacity to 5,000 barrels annually.
  2. Market Expansion: Potential to expand distribution to new markets and regions.
  3. Event Hosting: Host more events and private parties to increase revenue.
  4. Marketing Campaigns: Implement targeted marketing strategies to attract more customers and increase brand recognition.

Headquarters and Real Estate:

  • Facilities: State-of-the-art brewery and brew pub with all necessary equipment included in the asking price.
  • Real Estate: Not disclosed.

Current Markets:

  • Clientele: Serving a diverse customer base including local residents, tourists, and wholesale clients throughout Virginia.

Shareholder Objectives:

  • Reason for Selling: Moving on to the next chapter.
  • Support & Training: 8 weeks of transitional training offered at no additional cost to the purchaser.

This business represents a unique investment opportunity in the thriving craft beer industry. With a strong foundation, loyal customer base, and significant growth potential, it is well-positioned for continued success under new ownership. Prospective buyers should contact the seller directly to learn more and explore this exciting opportunity.

>> Contact Seller <<

6. North Central VA Profitable Pizza & Subs Restaurants:

Year Over Year Growth - Located in a High Population Density Area

This North-Central Virginia Pizza & Sub Restaurant has been serving the best Italian food in a casual and friendly atmosphere since 1999. With a commitment to old-world traditions and family recipes, this well-known brand has become a local favorite. The business offers carryout and delivery services, making it a versatile and pandemic-proof operation. With consistent year-over-year growth and excellent customer reviews, this turnkey operation presents a fantastic acquisition opportunity.

Details:

  • Location: Virginia
  • Asking Price: $1,250,000
  • Gross Revenue: $1,279,211
  • Cash Flow: $504,083 (Seller's Discretionary Earnings)
  • EBITDA: Not Disclosed
  • Inventory: $8,000 (included in asking price)
  • FF&E: $100,000 (included in asking price)
  • Building SF: 1,700
  • Lease Expiration: 12/31/2026

Key Aspects:

  1. Strong Financials:some text
    • 2021 Gross Revenue: $1,232,488
    • 2022 Gross Revenue: $1,279,211
    • 2020 Seller's Discretionary Earnings: $492,147
    • 2021 Seller's Discretionary Earnings: $504,083
    • 2023 Projected Revenue: $1,403,395
    • 2023 Projected Seller's Discretionary Earnings: $595,959
  2. Established Business: Operating under the same ownership since 1999.
  3. Reputation:some text
    • Google Rating: 4.5 stars with 356 reviews
    • Yelp Rating: 4.1 stars with 34 reviews
  4. Lease: Current lease good through 12/31/2026 with options to renew.
  5. Pandemic Proof: Business model resilient during COVID-19.
  6. Turnkey Operation: Ready for new ownership with all necessary equipment and staff.

Opportunities:

  1. Expand Services: Potential to expand catering services and menu offerings.
  2. Marketing Campaigns: Implement targeted marketing to attract more customers.
  3. Online Presence: Enhance online presence and delivery options to increase revenue.
  4. Franchise Opportunities: Explore franchising the brand to new locations.

Headquarters and Real Estate:

  • Facilities: Leased space of 1,700 sq. ft. in a high-traffic area.
  • Rent: Not Disclosed

Current Markets:

  • Clientele: Serves a diverse customer base with carryout and delivery services.

Shareholder Objectives:

  • Reason for Selling: Retirement and relocation.
  • Support & Training: Seller willing to provide 4 weeks of training after closing.

This business offers a unique opportunity to acquire a well-established and profitable pizza and subs restaurant with a loyal customer base and strong growth potential. Prospective buyers should contact the seller directly to learn more and explore this exciting opportunity.

>> Contact Seller <<

7. Full Restaurant Pizzeria in Virginia Beach:

Fully equipped, successful NY-style pizza restaurant for sale. Located in the heart of Virginia Beach, this pizzeria has a loyal customer base and offers deliveries, takeout, and dine-in services. With fairly new equipment and an awesome lease rate, this turn-key operation is an excellent investment opportunity.

Details:

  • Location: Virginia Beach, Virginia, US
  • Asking Price: $295,000 (Furniture / Fixtures included)
  • Sales Revenue: $800,000
  • Cash Flow: $250K - $500K
  • Lease: $2,500/month till July 2027
  • Lease Size: 1,600 sq. ft.

Key Aspects:

  1. Fully Equipped: Includes 16” big hood system, 2 fryers, 4 burners, 48” new grill top thermostat control, Y600 double deck Baker Pride DSP oven (natural gas), walk-in cooler, walk-in freezer, Hobart mixer 80QT, and more.
  2. Great Location: Situated in the heart of Virginia Beach with excellent visibility and access.
  3. Strong Financials: Annual sales of $900,000 with significant cash flow.
  4. Turn-Key Opportunity: Equipments worth about $200K included in the sale.
  5. Loyal Customer Base: Established clientele ensuring steady revenue.

Opportunities:

  1. Marketing Campaigns: Implement targeted marketing strategies to attract more customers.
  2. Menu Expansion: Introduce new menu items to increase sales.
  3. Online Presence: Enhance online presence and delivery options to boost revenue.
  4. Event Hosting: Host private events and parties to increase revenue streams.

Headquarters and Real Estate:

  • Facilities: Leased space of 1,600 sq. ft. with a lease term of 5 years.
  • Leasehold Rent: $2,500 per month

Current Markets:

  • Clientele: Serves a diverse customer base with delivery, takeout, and dine-in options.

Shareholder Objectives:

  • Reason for Selling: Owner dealing with health issues in the family.
  • Support & Training: 2 weeks of training provided.

This restaurant offers a prime investment opportunity in the vibrant Virginia Beach area. With its excellent location, strong financial performance, and loyal customer base, it is well-positioned for continued success under new ownership. Prospective buyers should contact the seller directly to learn more and explore this exciting opportunity.

>> Contact Seller <<

Conclusion

To wrap up, these business opportunities in Virginia showcase diverse sectors ripe for investment. Each listing represents a chance to acquire a business with a secure foothold in thriving markets and established customer bases. Investors looking to capitalize on stable revenues and growth potential will find compelling advantages in these options. Comprehensive support and training ensure a seamless transition into ownership, fostering ongoing success.

Prospective buyers are encouraged to engage directly with sellers to explore these opportunities further and delve into detailed financials and operational specifics. In summary, these listings provide a gateway to enter or expand within Virginia's dynamic business landscape. Act decisively to seize these opportunities and embark on a path towards entrepreneurial success in one of the nation's most competitive markets.


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