From the monthly archives: March 2015

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

SOLD: Blackjack's Bar & Grill

This was a rare opportunity to acquire a Northwest Houston neighborhood restaurant & bar in an established but growing area. This eatery serves high quality food and offers a full selection of beer, wine & spirits in a family-friendly environment. The chef-inspired menu features pizza, burgers, buffalo wings, fresh soups, salads and more. The layout allows patrons to sit in either a large bar area, a separate booth and table area for those wanting a quieter environment, or an outside covered patio to enjoy the weather. Many customers come to watch sporting events on the 21 TVs, play the video & trivia games offered, or to relax at happy hour. The staff is extremely well trained and many have been working at the restaurant for several years. The liquor license will be transferred to the new owner. The former owner, Luther Underwood, who has another businesses to run,

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SOLD: Menchie's Frozen Yogurt

This like-new yogurt franchise in Kingwood was sold within five months of going to market. The Buyers, residents of Kingwood, looked at only two businesses and realized that this would be the perfect family business for them. Jay Yoo listed the business and Doug Ashby sold it.

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SOLD: Bulk Material Equipment

This metal fabrication company primarily serves the oil and gas manufacturing sector. It holds several patents related to materials handling equipment which results in the fabrication of proprietary equipment for use in refineries. These patents continue to generate revenue and were included in the sale. The firm's history dates back to the 1970's with the same owner. In addition to the energy sectors, the firm also does some work in architectural metal fabrication. The 23,000 SF Houston manufacturing facility and 100,000SF land area were part of the sale.

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SOLD: Fairfield Hair Studio

After starting this full-service Houston-area salon nine years ago, Ms. Nguyen is getting married and will be moving out of State. Which meant she had to sell her business.

Buyers, Tiffany & Manny, knew what they were looking for and this was it.

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SOLD: Huntington Learning Center

This learning center is the largest protected territory by this franchisor. It has high profit margins and has a 25-year history as the first of this franchise in the State of Texas. Buyer, Teresa Lin, was an attorney and had previous business ownership experience. The Lins had been looking for over two years for the right business they could own and she could jump into and at the same time spend time raising her children. Huntington was a good fit because it has a center Director, which would free Teresa from having to be at the center full time. SBA loan approval, landlord approval, and due diligence processes went extremely well thanks to the very tenacious buyers.

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