Certified Business Brokers (CBB) Facilitates the Sale of Houston Balloons and Promotions
Houston Balloons and Promotions, established over 11 years ago, was sold by founder, owner and operator, Jim Purtee, to a local business man, David Key. The company, headquartered in Houston, rents giant advertising inflatable characters to small businesses for promotional and special events. Most people see these advertising balloons displayed on rooftops of small buildings.
Houston, TX, October 30, 2009 --(PR.com)-- Certified Business Brokers (CBB) facilitated the sale of Houston Balloons and Promotions to an experienced business man and Houston resident, Mr. David Key.
Houston Balloons and Promotions was established over 11 years ago and was founded, owned and operated by Mr. Jim Purtee. The company, one of the largest inflatables companies along the Gulf Coast today, rents giant advertising characters to small businesses for promotional and special events. Most people see these advertising balloons displayed on rooftops of small buildings. Customer service has been the firm's mantra and has propelled it to its current top standing in its industry.
“Though many small businesses can’t afford radio, billboard, or TV advertising, they can afford to rent an inflatable for four weeks or more for prices starting at $1200,” said Purtee. “It could be Sunday evening at 7 o’clock, if one of our customers call with a problem, we solve it.”
Jim Purtee engaged Certified Business Brokers to find a buyer for Houston Balloons and Promotions who would continue his philosophy while adding value to the company after transition. David Key, the new owner, had contacted Ryan DeGennaro at CBB looking for a business to purchase that had national growth potential, had a sustainable management structure, and a highly marketable product. Houston Balloons was a perfect match.
“Ryan worked hand-in-hand with me through the entire transaction and was able to solve any issues that arose during the closing process.” said Key.
Mr. Key has big plans for Houston Balloons. “Service excellence will remain unchanged in this transition. However, we have plans in motion to work with national companies to provide promotional balloon rentals across the U.S.,” said Key.
CBB provided valuation and marketing services and represented the seller in the sale. Frank Stabler and Ryan DeGennaro handled the details of the transaction.
About Certified Business Brokers (CBB)
Certified Business Brokers, established in 1974, is one of the pioneers of the business brokerage profession and is Texas' largest business brokerage firm. They are a founding member of the International Business Brokers Association (IBBA), the largest business brokers association in the world. They are specialists in Business Brokerage, Mergers and Acquisitions, and Business Valuations and Appraisals.
###
Houston Balloons and Promotions was established over 11 years ago and was founded, owned and operated by Mr. Jim Purtee. The company, one of the largest inflatables companies along the Gulf Coast today, rents giant advertising characters to small businesses for promotional and special events. Most people see these advertising balloons displayed on rooftops of small buildings. Customer service has been the firm's mantra and has propelled it to its current top standing in its industry.
“Though many small businesses can’t afford radio, billboard, or TV advertising, they can afford to rent an inflatable for four weeks or more for prices starting at $1200,” said Purtee. “It could be Sunday evening at 7 o’clock, if one of our customers call with a problem, we solve it.”
Jim Purtee engaged Certified Business Brokers to find a buyer for Houston Balloons and Promotions who would continue his philosophy while adding value to the company after transition. David Key, the new owner, had contacted Ryan DeGennaro at CBB looking for a business to purchase that had national growth potential, had a sustainable management structure, and a highly marketable product. Houston Balloons was a perfect match.
“Ryan worked hand-in-hand with me through the entire transaction and was able to solve any issues that arose during the closing process.” said Key.
Mr. Key has big plans for Houston Balloons. “Service excellence will remain unchanged in this transition. However, we have plans in motion to work with national companies to provide promotional balloon rentals across the U.S.,” said Key.
CBB provided valuation and marketing services and represented the seller in the sale. Frank Stabler and Ryan DeGennaro handled the details of the transaction.
About Certified Business Brokers (CBB)
Certified Business Brokers, established in 1974, is one of the pioneers of the business brokerage profession and is Texas' largest business brokerage firm. They are a founding member of the International Business Brokers Association (IBBA), the largest business brokers association in the world. They are specialists in Business Brokerage, Mergers and Acquisitions, and Business Valuations and Appraisals.
###
Contact
Certified Business Brokers
Rose Stabler, Managing Partner
713-680-1200
www.certifiedbb.com
Rose Stabler, Managing Partner
713-680-1200
www.certifiedbb.com
Contact
Categories