Carven Cheung

Transworld Business Advisors

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tworld/charlottesvillevirginiabeach/


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780 Lynnhaven Parkway, Ste 400,
Virginia Beach, Virginia 23452 (View Map)

Affiliated Broker
Steve sigman

About the Company

Transworld Business Advisors is the #1 ranked business brokerage worldwide and has been helping good people do good deals for over 40 years. We are experts in assessing the market value of a company, marketing it for sale utilizing strategic and proprietary marketing strategies that have proven successful time and time again and walking buyers hand in hand all the way through a very transparent and well defined buying process which makes our ability to get deals done land in the elite category. Our commitment to buyers, sellers, franchisors and franchisees is one of transparency, open communication and expert service all the way throughout the processes that we've developed over our many years of successful operation. The title Elite Business Broker isn't handed out lightly and you'll see the difference immediately upon contacting us! Call us now at our corporate office in Virginia Beach at 757-821-3002 or 540-737-3044 for Charlottesville,Harrisonburg and Fredericksburgto schedule a time to experience the dramatic difference an Elite Business Broker can make!!!

Broker Biography

Introduction

As a Senior Elite Business Broker of Transworld Business Advisors of Virginia Beach and Transworld Business Advisors of Charlottesville Harrisonburg and Fredericksburg, one out of approximately 130 Transworld offices both nationally and internationally, my team and I assist business owners in the sale of their businesses or expansion through franchising. Through the process, I assist entrepreneurs who are both exiting their businesses or looking for excellent business opportunities by buying existing businesses or franchises. Transworld Business Advisors has assisted thousands of owners with the sale of their business both nationally and internationally. With 40 years and thousands of deals closed under our belt we are considered the world’s leading business brokerage. Every year, 20%+ of businesses change ownership due to various reasons: retirement, relocation, family illness, other opportunities etc. As a business brokerage, we provide services relating to the following:

• Business Market Value Assessment
• Business Sales & Marketing
• Franchise Sales & Development
• Mergers & Acquisitions
• Asset Sales
• Financial Assessment
• Strategic Partnership Alignment
• SEO & Social Media Optimization
• Business Sale and Purchase Contract Negotiations

The market for business sales over the past couple over years has been outstanding with transaction volumes continually rising and we always have more buyers than we have good businesses to sell so if you've been thinking about selling now is the time to give us a call.

Services Provided

*Business Brokerage ( For people who wish to sell their business or purchase a new one!)

*Franchise Consulting (for people who wish to purchase a franchise we represent 300 of the tops in the world!)

*Franchise Development (for companies who wish to expand by franchising their already successful company!)

*Franchise Marketing (For companies who are franchised already and wish to sell more, our franchise company, United Franchise Group is the only franchisor in the country willing to share with you their marketing strategies and work with you to expand your business!)

Areas Served

  • Virginia Beach city, VA
  • Charlottesville city, VA
  • Albemarle, VA
  • Fredericksburg city, VA
  • Spotsylvania, VA
  • Harrisonburg city, VA
  • Roanoke, VA
  • Fluvanna, VA
  • Lynchburg city, VA
  • Orange, VA
  • Business For Sale Listings

    $4,500,000
    Cash Flow: $1,145,017 
    Virginia 
    Seafood Restaurant Group of 5 Locations Acquisition Opportunity!! SBA Lender Pre-Qualified / Owner Retiring

    Key Investment Considerations: • Combined Gross Revenue of $11,502,819 in 2024 • $1,145,017 in in Seller Discretionary Earnings by end of 2024. • Reason for sale: Retirement. • Well-known seafood restaurant groups in its serving area for over 40 years • Great Google and Yelp ratings with over thousands reviews. • Restaurant group sale opportunity of 5 locations. • Full Liquor license is required to operate this business. • Full-Service Bar & seafood restaurant during business hours. • New owner can take advantage of the full-service bar and increase revenue by adding 3rd Party Delivery Services (3PDS). • Turn-Key operation. • The seller is willing to train for 4 weeks after closing. • Over 

    $975,000
    Cash Flow: $398,995 
    Virginia 
    Very Profitable Pizza & Subs Restuarant in Central VA For Sale!!! SBA Pre-Qualified - Owner Retiring - Successfully Operating for 20+ Years

    Key Investment Considerations:• Gross Revenue of $955,715 in 2023 & $1,260,185 in 2024.• $238,794 in Seller Discretionary Earning in 2023• $398,995 in Seller Discretionary Earning in 2024• Prime, High-Traffic Location: Situated in the historic and commercially active immediate service area.• Stellar Reputation & Brand Loyalty: Consistently high ratings and a dedicated following of local families and professionals.• Turnkey Operation: Fully equipped kitchen, trained staff, and established supplier relationships in place.• Consistent Profitability: Strong historical financial performance with stable cash flow. (Financials available upon request).• Identified Growth Levers: Clear, actionable 

    $995,000
    Cash Flow: $375,659 
    Henrico Co., VA 
    10% DP - SBA Bank Pre-approved VA Profitable Italian Restaurant SBA Lender Pre-Approved / Good Books & Records / Operating Successfully 10+ Year

    Key Investment Considerations:• Gross Revenue of $898,819 in 2023 & $954,001 in 2024• $302,628 in Seller Discretionary Earning in 2023• $375,660 in Seller Discretionary Earning in 2024• Business was established in 2012 and under the same ownership since October 2021.• Reason for sale: Retirement• Steady growth in revenue and earnings since Covid.• Well-known Italian restaurant in immediate serving area.• Google 4.1 rating with 582 reviews.• Wine & Beer license is required to operate this business.• Dine-in & Takeout services with online ordering available.• 3rd Party Delivery Services available.• SBA Lender Pre-approval with Seller.• Turn-Key operation.• The seller is willing to train for 4 

    $125,000
    Cash Flow: $71,701 
    Charlottesville city Co., VA 
    View Details 
    Thriving Personal Care Business In A Dynamic Mid-Atlantic College

    A well-established nail salon with consistent walk-in traffic and lean operations is now available for acquisition. Strategically located in a vibrant urban district, this business serves a youthful, trend-conscious clientele and offers significant upside for a buyer seeking modernization and expansion. Market & Demographic HighlightsSituated in a city with ~46,000 residents and a median age of 32.9Over 56% of housing units are renter-occupied, indicating a transient, convenience-driven customer baseMedian household income of ~$70,000 and per capita income near $48,000Strong influence from a nearby Tier 1 university, fueling demand for affordable, fast-turnaround grooming services Marketing & PositioningCurrently operates with minimal digital infrastructure—no online booking or loyalty platformPricing is highly competitive, appealing to budget-conscious students and professionalsInterior and branding present opportunities for 

    $600,000
    Cash Flow: $271,856 
    Virginia 
    View Details 
    SBA Pre-approved Central VA Hot Chicken Franchise Restaurant!!!

    Key Investment Considerations:• Gross Revenue of $1,261,177 in 2024• $271,856 in Seller Discretionary Earning in 2024• Franchise location established in 2022 and under the same franchisee since.• Reason for sale: Retirement & Relocation.• Steady growth in revenue and earnings in past couple years.• 2nd fastest growing QSR franchise in the nation in 2024 with 106 existing locations worldwide.• Dine-in & Takeout services, online ordering and 3rd party delivery services available.• Serving Halal chicken with tremendous following.• SBA Lender Pre-approval with Seller.• Turn-Key operation.• Great reputation and best-in-class food quality.• Training is available for new owner through franchisor.• The seller is willing to train for 4 weeks after closing.• $150,000 worth of FF&E included in the listing price.This Hot Chicken QSR Franchise location is a fast-casual restaurant specializing in Nashville-style hot chicken infused with 

    $110,000
    Cash Flow: $111,618 
    Newport News city Co., VA 
    View Details 
    Virginia Hampton Road Area Profitable Wine & Art Event Business A

    Key Investment Considerations:• Gross Revenue of $281,659 in 2024• $111,617 in in Seller Discretionary Earnings by end of 2024.• Business has finally been under full calendar year by end of 2024• Reason for sale: Other business interest.• Franchise location with franchisor support and training available• Very few wine and art event venues in the area with limited competition.• Google 4.9 rating with 287 reviews.• Yelp 4.1 rating with 14 reviews.• Royalty is 8% on event ticket sales only• Franchisor-support event online ticket sales system.• Full Liquor license is required to operate this business.• Full-Service Bar & hors d’oeuvres restaurant during business hours.• New owner can take advantage of the full-service bar to increase revenue by hosting private party events.• Happy hour promotion can be added to increase revenue.• Turn-Key operation.• The seller is willing to train for 4 weeks after closing.• 85% in credit card 

    Elite
    Matt Morris Serving Albemarle County, VA

    As an Elite Business Broker of Transworld Business Advisors of Virginia Beach and Transworld Business Advisors of Charlottesville Harrisonburg and Fredericksburg, one out of approximately 130 Transworld offices both nationally and internationally, my team and I assist business owners in the sale of their businesses or expansion through franchising. Through the process, I assist entrepreneurs who are both exiting their businesses or looking for excellent business opportunities by buying existing businesses or franchises. Transworld Business Advisors has assisted thousands of owners with the sale of their business both nationally and internationally. With 40 years and thousands of deals closed under our belt we are considered the world’s leading business brokerage. Every year, 20%+ of businesses change ownership due to various reasons: retirement, relocation, family illness, other opportunities etc. As a business brokerage, we provide services relating to the following: • Business Market Value Assessment • Business Sales & Marketing • Franchise Sales & Development • Mergers & Acquisitions • Asset Sales • Financial Assessment • Strategic Partnership Alignment • SEO & Social Media Optimization • Business Sale and Purchase Contract Negotiations The market for business sales over the past couple over years has been outstanding with transaction volumes continually rising and we always have more buyers than we have good businesses to sell so if you've been thinking about selling now is the time to give us a call.

    Elite
    Carven Cheung Serving Virginia Beach city County, VA

    As a Senior Elite Business Broker of Transworld Business Advisors of Virginia Beach and Transworld Business Advisors of Charlottesville Harrisonburg and Fredericksburg, one out of approximately 130 Transworld offices both nationally and internationally, my team and I assist business owners in the sale of their businesses or expansion through franchising. Through the process, I assist entrepreneurs who are both exiting their businesses or looking for excellent business opportunities by buying existing businesses or franchises. Transworld Business Advisors has assisted thousands of owners with the sale of their business both nationally and internationally. With 40 years and thousands of deals closed under our belt we are considered the world’s leading business brokerage. Every year, 20%+ of businesses change ownership due to various reasons: retirement, relocation, family illness, other opportunities etc. As a business brokerage, we provide services relating to the following: • Business Market Value Assessment • Business Sales & Marketing • Franchise Sales & Development • Mergers & Acquisitions • Asset Sales • Financial Assessment • Strategic Partnership Alignment • SEO & Social Media Optimization • Business Sale and Purchase Contract Negotiations The market for business sales over the past couple over years has been outstanding with transaction volumes continually rising and we always have more buyers than we have good businesses to sell so if you've been thinking about selling now is the time to give us a call.

    James Farrow Serving Virginia Beach city County, VA

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