From the monthly archives: October 2015

We are pleased to present below all posts archived in 'October 2015'. If you still can't find what you are looking for, try using the search box.

SOLD: Point 2 Point Moving Services

Pictured left to right: Glen Rodkey & John Shaeffer (Sellers), Tom Pence (CBB Broker), David Heath (Buyer)

Established in 1993, this is a full-service moving and storage company with locations in Houston and Austin. The company specializes in serving the moving, packing, storing and delivery needs of upscale clients including corporations, affluent individuals, designer furniture stores, interior designers and high-end antique dealers with a special emphasis on handling fine furnishings and delicate antiques. Great online reviews, testimonials and facilities with over 38,000SF of storage space.

As an added bonus to the buyer, the company has recently completed preparing Franchise Offering and Disclosure documents. The new owner can quickly begin expanding by franchising this successful concept into other cities.

The buyer is a CPA, MBA, and now a former finance executive in the energy industry. He had been looking for a business with us since July this year and this was the fourth business he looked at. The business was sold within three months of going to market. Seller financing was part of the transaction.

Tom Pence listed the business and sold it.


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SOLD: National Fluid Power Institute

Pictured left to right: Marcia Bowron (CBB Broker), Richard Swann & Lonnie Boulware (Sellers), Peggy Tate (CBB Broker), Larry & Kathy Rose (Buyers)

This company was established in 1995 and offers nationwide classes geared towards maintenance, mechanical and engineering personnel in the energy, manufacturing, mining and government sectors. Rick, the founder, established the company on his own in 1995 after working for another company in the industry. After building his clientele, he needed a partner and brought Lonnie on a couple of years later. They've worked really well together each handling different aspects of the business. Lonnie worked the corporate office in Amarillo and Rick lived in New Braunfels.

After 20 years, they were both ready for retirement. This past year, once they decided to sell, they transferred a lot of the job responsibilities to the employees to remove themselves as much as possible from the business. Also, clients did not know the owners by name....they knew the trainers and sales people and the company brand....further reducing the concern for a buyer that the business would go away when the sellers went away. The company has well-honed processes and a fully-trained staff running those processes, which is a major value driver for any business because it reduces risk for the new owners. The company also maintained impeccable records.

The buyers had been looking for a business with us since April this year and this was the fourth opportunity they reviewed. Amegy Bank provided SBA financing for this acquisition. The business was sold within six months of going to market.

Marcia Bowron listed the business and Peggy Tate sold it.

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SOLD: Creative Branch Botanicals

Pictured left to right: Marcia Bowron (CBB Broker), Curly & Blaine Stacy (Sellers), Vicki & Steve Kelly (Buyers), Peggy Tate (CBB Broker)

Established in 2004, this company manufactures high end, cutting edge, permanent botanicals for interior environments. They have a diversified customer base that contains hospitals, schools, retirement centers, interior designers, corporations, model homes and retail furniture stores. The owners were ready to retire.

The Buyers, Steve and Vicki Kelley, high school sweethearts from West Texas, have been married for 29 years. Steve has 20 years of restaurant experience. "In 2005, we decided to tackle a new field and we bought Airway Executive Aircraft Catering, through Certified Business Brokers (CBB). We brought our years of restaurant hospitality to in-flight catering. We wanted to enhance the aircraft catering experience with the qualities of fine-restaurant dining and boy, did it work. The high-end clientele really responded to our quality of operations, with concentrated service and food quality. Airway Executive Aircraft Catering became the contract caterer for the national companies Aviation Services Network, Air Chef, Flex Jet, Flight Options, XO Jet, and Net Jets. We also serviced flight menus for Spectra, ConocoPhillips, Occidental, Dow, Chevron, Halliburton, and Anadarko. Celebrities, former presidents, ambassadors, and royalty from around the globe were also among our frequent and happy clientele. Houston has a well-known and loved culinary foot-print and we were happy to represent our great city and her diverse food culture. Our motto was always "The Sky's the limit!"

The buyers were ready to embark on a new venture and re-engaged with us in March. They looked at many business and fell in love with Creative Branch and its owners.

This business was sold within 6-1/2 months of going to market. Seller financing was part of the transaction.


Marcia Bowron listed the business and Peggy Tate sold it.

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