From the monthly archives: November 2015

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

SOLD: Beginners 2 Swimmers

Pictured left to right: Marcia Bowron (CBB Broker), Jennifer Price (Seller), Sara Downey (Buyer)

The buyer, Sara Downey, was actually a client of the Seller but didn't realize it until she found out the name of the business after signing a Non-Disclosure Agreement and Buyer Profile Form.

Ms. Downey owns a home-based tutoring company and made this strategic acquisition to add depth and breadth to her existing business. The client bases of both companies are synergistic, where two services can now be provided to them instead of one.

The business sold within three months of going to market.

Marcia Bowron listed and sold it.

Read the rest of entry »

SOLD: Tomball Showboat Drive In

Pictured left to right: Andrew & Juanita Thomas (Buyers), Christina & John Rumfolo (Sellers), Ron Consolino (CBB Broker)

The Tomball Showboat Drive-In Theatre has been acquired by Andrew & Juanita Thomas from the Sellers, John & Christina Rumfolo, who built and started the business 10 years ago. John's father and two sons will continue helping manage the theatre located at FM2920 near Tomball. This family-owned and operated business has no direct competition and attracts movie goers from the broader Houston Metro area. Each of the two screens holds 400 cars and broadcasts sound over an FM frequency to car radios. Two family-feature films are shown on each screen five nights a week in the summer and three nights the remainder of the year. The buyers built, started, and currently operate Wellborne Cinema Four in Alvin, Texas.

Read more about the Showboat Drive-In History on their website here: Showboat History

This business was sold within 2-1/2 months of going to market. Some seller financing was part of the deal.

Ron Consolino listed and sold the business.

Read the rest of entry »