Leading Local Business Broker, Austin Zhao, Sells Nestle Toll House Coffee Shop
Houston, Texas
United States
September 30th 2020
Transworld Business Advisors of Houston, the leading business brokerage firm in Houston, is pleased to recognize Senior Business Advisor Austin Zhao on his most recent sale. The business sold was a fully operating, nationally recognized, franchise unit.
Nestlé Toll House Café by Chip Franchise Food Stores is a part of the world-renowned family of Nestlé brands. It is a well-recognized brand with an excellent reputation for offering a variety of bakery products, cookie cakes, ice cream, coffee, fruit yogurt, and real fruit smoothies of the premier Nestle brand. The location sold by Austin Zhao and Transworld Business Advisors of Houston is located in a popular outlet mall on the Northwest side of Houston. The location has revenues of more than $400K and includes retail space plus a brand-new kiosk cart used to sell additional baked goods and ice cream throughout the mall. The sale included assets valued at more than $250K.
The buyer was looking to purchase a low-cost national franchise brand to build-up and later apply for a visa. This concept and location were a perfect fit. We wish the buyer the best of luck as he starts his new venture. We also congratulation our seller on his successful business exit. Compliments to Austin for masterfully facilitating this deal.
Austin Zhao is a Certified Business Intermediary, Certified Mergers and Acquisitions Professional, and a Business Certified Appraiser.
