Contact Broker
Houston, Texas
About the Company
Browning Capital Group LLC
Broker Biography
Introduction
Browning Williams is a successful businessman born and raised in Texas, and can help you navigate the difficult lanes of successfully selling or buying an existing profitable business. With decades of business experience, Browning has a deep understanding of the "business of businesses," which enables him to help both sellers and buyers come together to acquire and scale profitable businesses across the United States.
Browning's business career skyrocketed when he founded Summit Mortgage Corporation in 1988, where he served as CEO/President for over twenty years. Summit at one time was the largest individually owned mortgage banking firm in Texas, with over a hundred employees in a dozen offices in major metropolitan areas such as Houston, Dallas, Austin, San Antonio, Corpus Christi, Denver, Phoenix, and Las Vegas. The company earned several awards, including "Houston's Top 100" fastest-growing companies.
Browning has held partner or owner positions in various Texas businesses, showcasing his exceptional understanding of the corporate landscape. His expertise plays a pivotal role in facilitating successful mergers and acquisitions of profitable businesses across the United States, benefiting both sellers and buyers. Browning's favorite quote encapsulates his philosophy: 'The foundation stones for a balanced success are honesty, character, integrity, faith, love, and loyalty.'
When not working, Browning loves spending time with his 5 grandchildren, which he affectionately calls his "Poppy Days." In the past, he enjoyed competitive snow ski racing and racing open-wheel formula race cars, which led him to win the title of SCCA USA National Champion in the Southwest Division in the Formula 2000 series. He also raced formula open-wheel race cars professionally for several years in "The Road to Indy" Series with Pro Formula Mazda open-wheel cars, which competed all over the United States, Mexico, and Canada.
With a wealth of experience and expertise in the business world, coupled with a proven track record of problem-solving skills to help clients achieve their goals, Browning is the ideal choice for those seeking experienced advice and solid representation to merge, sell, buy, or operate a business.
Services Provided
I bring a different perspective to business brokerage because I spent more than two decades on the other side of the table—as the founder, owner, and CEO of a company that grew to more than 100 employees and multiple offices across several states.
After retiring from that business, I returned to the business world as a business broker and am now in my fifth year helping buyers and sellers navigate the sale and acquisition of profitable privately held companies. I previously owned and operated a First Choice Business Brokers franchise and today continue working independently with business owners and qualified buyers.
Having owned and operated businesses myself, I understand that buying a business involves much more than simply reviewing an asking price or a profit-and-loss statement. A buyer needs to understand how the business actually makes money, the quality and sustainability of its earnings, its assets and liabilities, working-capital requirements, risks, opportunities, and ultimately whether the purchase price makes economic sense.
My goal is to provide prospective buyers with the information necessary to properly evaluate a business and to be thorough, straightforward, and responsive throughout the process. I work closely with buyers as they move through valuation, financial review, due diligence, financing considerations, negotiations, and the many details involved in reaching a successful closing.
Buying a profitable business can be one of the most rewarding financial and professional decisions a person makes—but it is also a major commitment. I believe buyers deserve accurate information, thoughtful answers, and an experienced broker who understands firsthand both the opportunities and the challenges that come with business ownership.
I look forward to helping qualified buyers fully understand the businesses I represent and determine whether an opportunity is the right fit for them.
Areas Served
Business For Sale Listings
Cash Flow: $417,317
Texas
View Details 30-Yr Auto Dealership + Separately Priced Notes Portfolio
$417K Normalized SDE | 30-Year History | 90% In-House Financing(BHPH) Rare opportunity to acquire a highly established Texas buy-here, pay-here used-vehicle dealership with 30 years of operating history, including 25 years at the same location. The business combines profitable vehicle sales with a proven internally financed sales model that has generated consistent cash flow over many years.IMPORTANT TRANSACTION STRUCTURE: The Asking Price shown in this listing is for the OPERATING BUSINESS ONLY. The acquisition also requires the purchase of the dealership's seasoned notes-receivable portfolio at 77.5% of the outstanding principal balance at closing. The operating business and notes portfolio are separately valued assets, but they are operationally interdependent: approximately 90% of vehicle sales are internally financed, and the continuing note-payment Less
