Roll with it virginia beach6/27/2023 ![]() Looking ahead, the company continues to advance its strong growth trend. With the first East Coast location and now the 5th overall in the USA, the company continues to be excited about the future as it marches forward on its plan to have Snakes & Lattes locations coast to coast in North America! The addition of what will become the new Snakes & Lattes ‘Virginia Beach’ location will provide a strong contribution to the continued expansion of Snakes & Lattes and its ever-increasing brand. Overall, the company is very pleased with the ‘Roll With It’ acquisition as it is an amazing venue and location from all viewpoints. It hosts a lot of tourism, Military and large corporate activity. The 42nd largest city in the US, the oceanfront destination is rich with history, and home to a variety of arts and entertainment experiences, family-friendly activities, and a blossoming culinary scene. Virginia Beach, a city of ~500,000 people is a vibrant coastal city in southeastern Virginia which caters to year-round visitors. ‘Roll With It’ offers entertainment convenience in a high traffic area with plenty of parking and very high visibility. This is the largest in the Hampton Roads metropolitan area and one of the largest on the East Coast. ‘Roll With It’ is located in very close proximity to Lynnhaven Mall. The notes do not have a convertible feature and no common stock was associated with the financing. financed the acquisition through non-convertible promissory notes with a 5% interest rate and friendly repayment terms. The location is expected to stay open during the transition period and the goal of the company is to complete this by summer. I’m excited for the future of ‘Roll With It’ under Snakes & Lattes leadership!” stated Mr. Snakes & Lattes was an inspiration for a lot of the decisions and direction at the company and I’m thrilled to have them take over. When I first started considering a sale in order to have more time for my family, Snakes & Lattes was an obvious choice for taking up the mantle of continuing what we’ve built at ‘Roll With It’. “I’m really proud of the work that my team and I have done to establish ‘Roll With It’ as a premier entertainment destination for Virginia Beach and the wider Hampton Roads area. Truong is assisting the company through the transition. ![]()
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