Certified Business Brokers
The Business Transfer Newsletter
September 2014
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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.

 

       Check Out 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 

 

The Best Time To Sell A Business Could Be Right Now!

The Dow Jones close d at an all-time high on Friday, September 19, 2014. And the NASDAQ and S&P were within of 1% of their all-time highs. As a result, corporations, private equity groups, and individual investors are flush with cash - trillions of dollars.

Where can they go with all that cash? Interest rates are so low that fixed income investments are not attractive. Whereas it's typical to have a stock market correction (10% tumble) about once every 1 1/2 years, it's been almost 3 years since the last correction. With international tensions in Ukraine, Russia, Iran and the Islamic radical group ISIS setting its sights on terrorizing the US economy, how much longer can the (stock market) good times last? Where can that cash best be used to achieve adequate returns on investment? The answer - business acquisitions.

The buyer demand for good businesses with good cash flow has always exceeded the supply of good businesses available for acquisition. However, with buyers having more cash than ever, the numbers of interested buyers can only increase. In addition, interest rates are extremely low, enabling buyers to finance their acquisitions at reasonable rates.

 


Read The Rest Of The Article On Our Blog Here

 

Sold 

 

In Home Therapy  


In Home Therapy is a home health staffing company providing in home rehabilitation services in Houston.  The Seller, Jane Fontenot, was ready to retire after founding the company and running it since 2007.

 

After receiving five offers to purchase the business, the Seller chose Harold Gullung as the new owner. Gullung, a CPA and an executive in the oil and gas industry, had been searching for a business for one year before finding this well-established enterprise. With his background and the business' year-over-year growth for five consecutive years and well-maintained financials, was able to obtain SBA financing for the acquisition.

 

Ryan DeGennaro listed and sold the business.


Sold 

 

Bricks 4 Kidz  


Bricks 4 Kidz is an after school learning franchise that ranked #1 children's enrichment program by Entrepreneur Magazine in January 2014. Programs offered are for children ages 3-13+ and are offered through after-school classes at private and public schools, week-long summer camps, birthday parties, and preschool classes.

The Seller, Michalyn Porter, a Ph.D. with a recent newborn, decided to sell the business to have more time to spend with her family. She also plans to teach science part time at a local public school.  The Buyer, Caroline Pulford, is a stay-at-home mom of three children ages 2, 4 & 8 with a 10-year professional background in marketing and communications. 

 

Both The Buyer and The Seller were on the market for less than five months before closing their deal.


Marcia Bowron listed and sold the business.


Sold

 

Sandcastle Montessori Academy



This Montessori academy and child care center has been in operation for 30 years in an upscale northwest area of Houston. Due to health issues, the former owner, Diana Mulin, decided to sell the business. With several interested parties making offers at the same time, it was sold within two months of going to market.

 

Jay Yoo listed the business and Doug Ashby sold the business.
 
 

Ask The ExpertsQuestion Ask The Experts

Question: 

When is the right time to request a meeting with the seller of a business that I'm interested in....and what is expected during the meeting? 

  

Answer:

 

An appointment for a buyer and seller to meet is usually made when a buyer is considering making an offer to purchase the business. The buyer would have already reviewed the business profile and financials, and asked preliminary questions that had been answered by the broker. It is common for business owners to require that all such meetings be during non-operating hours to avoid premature disclosure to employees and customers.

This is the chance for the buyer to tour the facilities, to learn about the operations of the business, the employees, the growth opportunities, the financial aspects of running the business, and to get a feel for what it would be like to walk in the owner's shoes. However, this meeting is not the time to discuss the price and terms of the sale. The business broker is the intermediary and will be the liaison for the two parties on that subject.

 

 

Read The Rest Of The Article Here...

 

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.

 

What Makes Texas Special? 

 

If You Like Your TX Economy, You Get To Keep It: State Candidates Won't Mess With Texas' Economy 

 

New Zealand Software Company Maker Opens U.S. Headquarters In Austin

 

2014 Fastest Growing Cities: Texas Takes 15 Of The Top 30 Cities 

 

Central Texas Baby Boom: Austin Among Fastest-Growing Family Towns

 

Why Everybody Is Moving To Texas 

 

University of Houston ranks as best public undergraduate university for entrepreneurs 

 

How Do I Love Texas?  |  Let Me Count the Ways 

 

Connecticut-Based Energy PE Firm Moving HQ To Houston: Where The Action Is 

 

Another Multi-Billion California Firm Moving To Texas  

 

California Rocket Company Moving Its Headquarters To Texas  

 

Guess Which Houston Industry Has The Most Job Openings? | (Hint: It's Not Energy) 

 

Texas Produces 35% Of The Oil In The U.S.: Pumping 3 Million Barrels Of Crude Oil A Day  

 

New York State Of Mind ......In Texas -- Forbes 

 

Politics Putting Texas Business At Risk? Explaining The Value Of The Export-Import Bank  

 

Long-Term Forecast For The Texas Economy 

 

International Home Buyers Add $11.06 Billion To Texas Economy In 12 Months  

 

The Sun Is Shining Bright In Texas  |  Solar Energy Becomes A 'Default' Resource  

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