Testimonials

From the monthly archives: October 2014

We are pleased to present below all posts archived in 'October 2014'. If you still can't find what you are looking for, try using the search box.

SOLD: Heritage Children’s Daycare & Learning Center

The CBB Team takes great pride in providing personalized, professional service to each of our clients and bringing buyers and sellers together. So, we thought we’d share.

Sellers, Seema & Dinesh Gupta, have full-time corporate jobs and decided to put this 5,000 square foot childcare center in the growing, upscale Katy area of Houston, on the market. A full-time director on staff runs day-to-day operations, which was perfect for the Zabala’s, an entrepreneurial family interested in real estate and business investments. Another aspect of this business that was compelling to the buyers was the fact that it was directly in the traffic flow of the new Grand Parkway, soon to be completed. There were a total of four offers on this business and the Zabala’s felt fortunate to have won this gem location.

Jay Yoo listed and sold the business.

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SOLD: Otto’s Restaurant

The Seller, Rodd Kirby, sold the restaurant in order to manage his growing CRM technology company (www.crmm.com) where he serves as CEO of the venture.

The CBB Team takes great pride in providing personalized, professional service to each of our clients and bringing buyers and sellers together. So, we thought we’d share.

The Buyer, Aaron Lyons, owner of Dish Society, a casual farm-to-table restaurant that offers a local ingredient-driven and chef-inspired menu, primarily purchased the restaurant for its location and demographics. Lyons developed the concept for Dish Society while earning his MBA at The University of Texas at Austin. Though he initially planned to open the first location in Austin, Lyons ultimately found a much greater demand and opportunity for his concept in Houston, with the acquisition of this restaurant.

The deal consisted of some seller financing and the previous owner even decided to invest in the new restaurant venture. The deal closed within three months of going to market.

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