AUSTIN, TX (July 9, 2024) – Transworld Business Advisors of Central Texas is pleased to announce that Ryan Mortensen, business broker, assisted in selling a business in the restaurant lounge industry. The deal was an all-cash transaction.

"We reconnected the buyer and seller, and it was clear this was a perfect match,” Mortensen said. “The seller could pass on the legacy to someone who truly cared, and the buyer’s dream of owning a bar finally came true. It was a match made in heaven."

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About Transworld Business Advisors of Central Texas

Transworld Business Advisors of Central Texas is part of the Transworld Business Advisors global franchise, the largest business brokerage in the world. The Central Texas franchise is owned by Prospere Companies, a private investment firm with a portfolio of companies in Colorado, Texas, and Nevada specializing in acquiring, owning, and operating multi-faceted locations in the realm of mergers and acquisitions. Over the past 10 years, our team has worked with 2,500+ business owners, provided guidance to over 15,000+ entrepreneurs, been involved with 1,150+ deals, and has a 300% better close rate than the industry average.

Our team is passionate about helping small and mid-sized companies navigate the complex waters of an organization's sale, acquisition, or growth. Our services include buyer representation, seller representation preparation for sale, franchise sales, and franchise development. We facilitate commercial real estate transactions through our partnership with Transworld Commercial Real Estate. We also provide exit planning services to business owners and entrepreneurs through our affiliation with Exit Factor.

Media Contact
Abby Schnagl
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(214) 831-6120