Certified Business Brokers
The Business Transfer Newsletter
February 2014
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Buying Equipment For Business? Check Section 179 Tax Changes 


Own A Franchise? What Franchisees Need To Know About Selling Their Business 



How To Be A Non-Owner. 8 Things To Ponder After You Sell.



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Selling Texas Businesses

Since 1974 




























Selling Texas Companies Since 1974.


       Our monthly newsletters provide information about buying or selling a business, current economic conditions, and highlight some of our newest business-for-sale opportunities.  Our record of professionalism and reputation as a top firm in the nation has a lot to do with our people -- a knowledgeable long-term administrative staff and a very experienced team of professional brokers. We are headquartered in Houston and have offices in Austin.


Read our Archives, "The best library of articles about how to sell your business." - The New York Times

CBB Newsletter Archives 

Businesses For Sale

    Review All Listings                         Manufacturers For Sale 

    Wholesale / Distributors                 Service Businesses For Sale 

    Auto-Related Businesses                Child Care Centers For Sale   

                          Restaurants - Fast Food - Bars 



Featured Business Listing

* Featured Restaurant Listing 


Not All Business Types Are Created Equal In The Eyes Of SBA Business Acquisition Lenders



Buying or Selling A Business?  Is It SBA Financeable? 

There is a general misconception in the small-business acquisition marketplace that a person could easily purchase any type of business through the SBA with a low down payment and get a loan for the rest. Most people also believe that SBA loans are a major source of small business financing. But data shows that SBA-guaranteed loans make up a small portion of the value of the overall small business lending market.

Also not well-understood, is that in the eyes of the SBA, not all business types are created equal. Some categories of small to medium size businesses are more likely to receive SBA loans than others. In this article is a rating of business types in alphabetical order and their likelihood to receive loan approval.


Read Entire Article... 




Ideal National Mechanical Corporation


With offices in Austin and San Antonio, Ideal Mechanical ("the Company") has been serving the Central Texas area since 1980 providing HVAC systems design and installation for new and renovation construction projects. The Company's clients are General Contractors and Principal Owners with projects that are public and institutional in nature, such as schools, office buildings, and shopping centers. After a few decades of operating the business, the owner, Jay Gleitman, was ready to retire.


The Company was acquired by Low Carbon Technologies International Inc. ("LCTI"), a Houston company, which focuses on the acquisition of legacy-owned profitable operating businesses in several industry sectors, one of which is the construction and energy efficiency industry. Gleitman, the former owner, will be working with LCTI for a few years to transition the enterprise to new management.


Jim Pringle listed and sold the business.




Advantage Asset Management 

Pictured left to right: Ron Consolino (CBB Broker), Cody Hampshire (Buyer), Debbie & Eric Yeargain (Sellers)


Eric and Debbie Yeargain, wanting to concentrate on their real estate brokerage company and their office building project under development in The Woodlands, decided it was time to let go of their property management company that they started in 2006.


The buyers, Cody and Brittney (not pictured) Hampshire, had been active in the real estate home rental market for quite some time as investors, but wanted to dive full time, hands-on into real estate in the North Houston area, in which Advantage Asset Mangement was operating. This business was only the second one they looked at and knew it was the one. It took several months to close the deal while they went through the financing process.


Ron Consolino listed and sold the business.


Ask The Experts

Question Ask The Experts


Can I take over the lease when I buy a business? Or, do I have to get a new lease? 




The lease is an important part of the buying process. The buyer should carefully check the lease terms to determine the rent, the remaining term of the lease, options to renew. If the buyer plans to take over the existing lease, he/she should make sure that the current lease allows an assignment of the lease to a buyer of the business, or if it doesn't, that he/she gets the approval of the landlord to get a new lease.


In most cases it becomes necessary for the buyer to prepare an application and submit it to the landlord.  With the application, the landlord will determine whether the proposed buyer is creditworthy and has the financial resources to carry on the business and pay the rent on the lease. If the lease does not have the clause, "approval may not be unreasonably withheld," the landlord has wide discretion to turn down the buyer and thereby cancel the deal.  No buyer would want to buy a business without having the approval of the landlord to take over the lease......which is why all deals are contingent upon obtaining one.  


Texas Economic News


We watch economic and market conditions compared to the rest of the country because these factors affect business value. The following articles were all published since our last newsletter.


Texas Takes The Lead In Technology Exports | Surpasses California


It's A Sellers Market For U.S. Chemical Industry   |   Houston Is The Heart Of The US Chemical Industry


Occidental Petroleum Moving Its Headquarters From California To Texas


Texas, The Nations No.1 Exporter, Reached An All-Time High In 2013


2013 U.S. Retail & Consumer M&A Deal Value Surpasses $100 Billion For First Time In 5 Years 

Two More Major California Tech Companies Escape To Texas 


Texas Continues To Dominate In International Trade For 12th Consecutive Year 



DEAL MAP | Texas Was A Top-3 M&A State In 2013   |  And....Trending Same For 2014 



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