Contact Broker
2901 Wilcrest Drive, Suite 510
Houston, Texas 77042
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Affiliated Broker
Transworld Business Advisors of South and West Texas
About the Company
For more than four decades, Transworld Business Advisors has been guiding entrepreneurs through one of the most important transitions of their lives — buying or selling a business. As a global leader in business brokerage, Transworld operates from more than 250 offices with over 1,000 professional advisors worldwide. With a track record of over 15,000 successful sales, our mission remains the same: connecting qualified buyers and sellers to create smooth, rewarding transactions built on trust and expertise.
Transworld Business Advisors of South & West Texas is one of the network’s most established and accomplished regions, with a dedicated team of 40+ experienced professionals serving business owners throughout South, West, Central, and North Texas. From Houston to San Antonio and beyond, our advisors combine deep local knowledge with world-class brokerage expertise—helping business owners achieve successful exits with confidence and results they can trust.
Broker Biography
Introduction
Sung Kim is a Senior Business Broker with Transworld Business Advisors of South & West Texas, bringing more than two decades of hands-on entrepreneurial and operational experience to business owners, investors, and acquisition-minded entrepreneurs. As a former multi-unit business owner who successfully launched, scaled, and exited multiple consumer wireless retail locations across Texas, Sung understands firsthand what it takes to build enterprise value, drive profitability, and navigate complex transactions.
Sung specializes in representing sellers who want to maximize value and structure deals that actually close. His approach goes beyond simply listing a business — he focuses on proper valuation, financial recasting, strategic positioning, and targeted buyer outreach to create competitive demand. By combining strong financial analysis with disciplined deal management, he helps clients move from initial valuation through closing with clarity, confidence, and measurable results.
On the buy-side, Sung works closely with qualified buyers to identify strong opportunities, analyze cash flow, structure financing (including SBA and seller financing scenarios), and negotiate favorable terms. His deep understanding of business operations, lending requirements, and transaction structure allows him to anticipate obstacles early and proactively solve them — protecting timelines and keeping deals on track.
His experience spans retail, automotive, transportation, service-based businesses, and franchise resale, giving him broad insight into industry-specific valuation drivers and operational risks. Clients value his data-driven mindset, transparent communication style, and relentless commitment to execution. Whether representing a first-time seller or a seasoned investor, Sung approaches every engagement with professionalism, urgency, and a long-term relationship focus.
Outside of his professional endeavors, Sung is a devoted husband and father of three. Alongside his wife, he is actively engaged in supporting the autism community, inspired by their son who is on the autism spectrum — a cause that reinforces his values of integrity, advocacy, and commitment.
Services Provided
*Purchase and sale of businesses in the $50 K to $20 Million market value range
*Purchase and sale of businesses in all Industries
*Purchase of new Franchise Concepts
*Franchising of existing businesses
*We are experts in the business sale process.
Areas Served
Business For Sale Listings
Cash Flow: $54,253
Houston, TX
View Details Established THC-A & Hemp Retailer
This owner-operator specialty retail business, established in early 2024 and located in Southeast Houston, operates in the rapidly expanding hemp-derived products market and represents a compelling turnkey opportunity for a hands-on buyer. In its first full year of operations, the business generated approximately $162,000 in gross sales while maintaining strong gross margins, demonstrating early customer demand and market acceptance within a short operating history. Most importantly, the business produces meaningful Seller Discretionary Earnings, with approximately $56,800 in SDE in 2024 and $54,300 reflected in 2025 internal financials, highlighting the true earning power available to an owner-operator.The operation benefits from stabilized rent, established supplier relationships, and a growing base of repeat customers, allowing a new owner to step in and continue operations without interruption. With limited marketing to Less
Cash Flow: $30,055
San Antonio, TX
View Details Established Hobby Retail Store
This offering represents the opportunity to acquire a long-established, owner-operator specialty hobby and model retail business located in San Antonio, Texas. The business serves a loyal and repeat customer base across the greater San Antonio area and is well regarded within the local hobbyist community for its product knowledge, curated inventory, and consistent operating history.The company specializes in scale model kits and hobby supplies, including aircraft, automotive, military, and figure models, along with a broad selection of paints, tools, adhesives, and finishing accessories required for model construction. The product mix appeals to both beginner hobbyists and experienced enthusiasts, supporting steady foot traffic and repeat business.The current owner is actively involved in daily operations, including customer service, purchasing, and inventory management. As structured, the business is well suited for a Less
Cash Flow: $104,585
Bexar Co., TX
View Details Thriving Nail Spa In Busy Area – Profitable!
Seize the chance to own a well-established, fully operational nail salon situated in one of San Antonio’s busiest and most visible areas. This business boasts a loyal customer base, steady revenue, and a stellar reputation for both cleanliness and customer care—making it a smart acquisition for a new owner ready to step into a profitable venture.Offering a full suite of in-demand services—manicures, pedicures, gel and acrylic nails, custom nail art, and waxing—the salon is staffed by a team of skilled, licensed professionals dedicated to delivering high-quality results. The modern, recently renovated interior creates an inviting and stylish atmosphere, with no further investment needed to begin operations.In its latest fiscal year, the salon generated $247,482 in gross sales with COGS of just $28,127, highlighting an efficient cost structure. After expenses, the business produced $104,585 in seller’s discretionary earnings Less
Texas
View Details Fully Operational Wireless Retail Store (NW Dallas)
Here’s a turnkey opportunity to acquire a fully operational wireless retail store located in a high-traffic area of North West Dallas. The space is professionally built out with modern fixtures and designed to maximize customer engagement and sales. The store is currently open and active, offering a seamless path to ownership without the challenges of building a new location from the ground up.The retail space features a competitive lease rate, helping maintain manageable overhead and healthy margins. The business benefits from a well-established national wireless brand and strong supplier relationships, offering devices, accessories, and service activations supported by a major nationwide network.Comprehensive onboarding and training will be provided by the current owner, who is transitioning to focus on other ventures. This opportunity is well-suited for both hands-on owner-operators and investors seeking a straightforward Less
Cash Flow: $459,954
San Antonio, TX
View Details San Antonio Auto Lot & Repair Shop Package – 50% Seller Financing
This offering presents a rare opportunity to acquire a vertically integrated automotive operation in San Antonio, Texas, consisting of a well-established used car dealership with leasing operations and a profitable full-service auto repair shop, both operating side by side under common ownership since 2019. Together, these businesses create a seamless ecosystem that drives consistent profitability, strong cash flow, and long-term real estate value.The used car dealership has built a strong reputation for selling quality preowned vehicles, providing dependable customer service, and maintaining a loyal base of repeat buyers and referrals. In addition to retail sales, it offers vehicle leasing options that provide recurring income and attract customers seeking flexible ownership alternatives. The dealership operates from a highly visible, high-traffic location Less
Cash Flow: $315,690
San Antonio, TX
View Details Auto Repair Shop + Real Estate – Up to 50% Seller Financing
This is a rare chance to acquire a well-established, full-service auto repair business with its own real estate in a growing Texas market. The operation has earned a reputation for reliability, quality workmanship, and personalized customer service, building strong loyalty within the community. With an annualized Seller’s Discretionary Earnings (SDE) of $315,690, the business provides an attractive return on investment for either an owner-operator or an investor seeking a profitable addition to their portfolio.The facility is fully equipped and designed for efficiency, featuring multiple repair bays, advanced diagnostic equipment, lifts, and all the tools necessary to handle a wide range of automotive repair and maintenance needs. The accompanying real estate, valued at $1,000,000, offers ownership stability, control of location, and the security of a hard Less
Cash Flow: $144,264
San Antonio, TX
View Details Profitable Used Car Dealership in San Antonio - Seller Financing
This established used car dealership in San Antonio has built a strong reputation for delivering quality preowned vehicles and dependable customer service, creating a loyal base of repeat buyers and steady referral business. In addition to traditional sales, the dealership also offers vehicle leasing options, giving customers flexible alternatives and broadening the business’ market reach. The operation is strategically located on a highly visible, high-traffic corridor, offering excellent exposure and accessibility. Importantly, the sale includes real estate, providing long-term security and additional value for the buyer. Financially, the dealership is performing with an annualized Seller’s Discretionary Earnings (SDE) of $144,264 in 2025, reflecting strong profitability and efficient operations. Included in the price is approximately $345,000 in retail Less
Texas
View Details Fully Operational Wireless Retail Store (Dallas)
Here’s a turnkey opportunity to acquire a fully operational wireless retail store located in a high-traffic area of Dallas. The space is professionally built out with modern fixtures and designed to maximize customer engagement and sales. The store is currently open and active, offering a seamless path to ownership without the challenges of building a new location from the ground up.The retail space features a competitive lease rate, helping maintain manageable overhead and healthy margins. The business benefits from a well-established national wireless brand and strong supplier relationships, offering devices, accessories, and service activations supported by a major nationwide network.Comprehensive onboarding and training will be provided by the current owner, who is transitioning to focus on other ventures. This opportunity is well-suited for both hands-on owner-operators and investors seeking a straightforward business Less
Cash Flow: $53,448
Bexar Co., TX
View Details Own a Thriving Hair Salon – Loyal Clients
Seize the chance to own a thriving, turnkey hair salon with a solid track record and prime visibility in a high-traffic location. Established in 2011, this well-established business has cultivated a loyal and diverse clientele, known for its outstanding service, talented stylists, and warm, welcoming atmosphere.In 2024, the salon generated $119,950 in gross sales and delivered a Seller’s Discretionary Earnings (SDE) of $53,448, reflecting its solid profitability and efficient operations.The salon offers a full spectrum of services—haircuts, color, styling, and specialty treatments—using premium products that keep clients returning and drive strong retail sales. The space features a modern design, fully equipped workstations, and a thoughtfully planned layout that maximizes both comfort and efficiency.A dedicated team of skilled professionals is already in place, supported by streamlined systems for scheduling, inventory, and Less
Cash Flow: $106,585
Harris Co., TX
View Details Prime Location Charleys Cheesesteak - Significant Price Reduction
Significant Price Reduction – Now Offered at $220KDon’t miss the chance to own a brand-new Charleys Cheesesteaks franchise in the booming Katy, Texas market! Open since March 2025, this location is already on track for impressive performance, with projected annualized gross sales of $722,745 and an SDE of $106,585. Positioned in a high-traffic area surrounded by strong residential growth, retail activity, and steady foot traffic, this franchise benefits from excellent visibility and a loyal customer base that is growing every month. Backed by a nationally recognized brand with proven systems, comprehensive training, and ongoing corporate support, this is a turnkey opportunity ideal for an owner-operator or investor seeking a profitable, well-positioned business. With the rapid growth of the Katy area and increasing demand for quality quick-service dining, this location is primed for strong performance and long-term success. Less
Cash Flow: $358,056
Bexar Co., TX
View Details Profitable Locksmith Business + Property - SBA Pre-Qualified
SBA PRE QUALIFIED Established in April 1976, this San Antonio-based locksmith business has grown into a well-respected and deeply rooted service provider in the region. Locally owned and operated, the company offers a comprehensive suite of locksmith services tailored to residential, commercial, and automotive needs.The business provides a wide array of services, including traditional lock installation and repair, rekeying, master key system implementation, high-security lock solutions, electronic and digital access control systems, and around-the-clock emergency lockout assistance. Its expertise extends into advanced security solutions, making it a preferred choice for clients seeking robust protection for both property and personnel. The service model is heavily mobile and on-demand, utilizing fully equipped service vehicles that allow technicians to Less
Sung Kim is a Senior Business Broker with Transworld Business Advisors of South & West Texas, bringing more than two decades of hands-on entrepreneurial and operational experience to business owners, investors, and acquisition-minded entrepreneurs. As a former multi-unit business owner who successfully launched, scaled, and exited multiple consumer wireless retail locations across Texas, Sung understands firsthand what it takes to build enterprise value, drive profitability, and navigate complex transactions. Sung specializes in representing sellers who want to maximize value and structure deals that actually close. His approach goes beyond simply listing a business — he focuses on proper valuation, financial recasting, strategic positioning, and targeted buyer outreach to create competitive demand. By combining strong financial analysis with disciplined deal management, he helps clients move from initial valuation through closing with clarity, confidence, and measurable results. On the buy-side, Sung works closely with qualified buyers to identify strong opportunities, analyze cash flow, structure financing (including SBA and seller financing scenarios), and negotiate favorable terms. His deep understanding of business operations, lending requirements, and transaction structure allows him to anticipate obstacles early and proactively solve them — protecting timelines and keeping deals on track. His experience spans retail, automotive, transportation, service-based businesses, and franchise resale, giving him broad insight into industry-specific valuation drivers and operational risks. Clients value his data-driven mindset, transparent communication style, and relentless commitment to execution. Whether representing a first-time seller or a seasoned investor, Sung approaches every engagement with professionalism, urgency, and a long-term relationship focus. Outside of his professional endeavors, Sung is a devoted husband and father of three. Alongside his wife, he is actively engaged in supporting the autism community, inspired by their son who is on the autism spectrum — a cause that reinforces his values of integrity, advocacy, and commitment.
Aasif Iqbal brings more than twelve years of experience in corporate banking, debt capital markets, and project finance to Transworld Business Advisors. Throughout his career, he has led over one billion dollars in originations and structured complex financial transactions across a range of industries. Recognized for his analytical rigor and strategic approach to capital deployment, Aasif combines financial expertise with a collaborative mindset to deliver measurable results. His background includes advanced work in financial modeling, valuation, forecasting, and scenario analysis, all supported by a strong understanding of how financial decisions influence enterprise value. His negotiation philosophy focuses on achieving mutually beneficial outcomes that create value for buyers, sellers, and all stakeholders while maintaining transparency and trust throughout the process. Before joining Transworld, Aasif served as an Investment Portfolio Manager for the M.A. Wright Fund, where he managed a diversified U.S. equity portfolio and achieved returns that outperformed the Russell 2000 index through disciplined valuation and risk management strategies. Aasif earned his MBA in Finance from Rice Business, where he served as a Graduate Teaching Assistant and Co-Head of the Private Equity Club. He is fluent in English and Urdu/Hindi.
Son Nguyen is a seasoned real estate professional and business operator with over 20 years of experience in managing, valuing, and growing small to mid-sized businesses. With a Bachelor of Business Administration in Finance and Real Estate from the University of Houston, Son combines financial expertise with real-world operational insight to guide clients through successful business transactions. As a Senior Business Broker with Transworld Business Advisors, Son specializes in helping entrepreneurs buy, sell, and transition businesses with confidence. His background includes commercial leasing, investment sales, and leadership roles in the service and hospitality industries—giving him a unique perspective on what drives business value and long-term success. Son is fluent in Vietnamese and serves the Greater Houston area with a commitment to integrity, strategic thinking, and personalized service.
Dylan Adams brings a diverse background in business operations, healthcare management, and financial strategy to Transworld Business Advisors. As the Founder and CEO of Impact Consulting Group, he has partnered with small businesses throughout the Houston market to enhance operational efficiency, strengthen financial performance, and drive sustainable growth. With more than a decade of leadership experience across healthcare operations, medical technology, and clinical services, Dylan offers a balanced perspective that combines strategic planning with hands-on execution. Before launching his consulting firm, he served as Manager of Finance and Strategic Analysis at Texas Children’s Hospital, leading a multidisciplinary team supporting perioperative operations. He directed the financial oversight of more than $30 million in annual implant and supply expenditures, implemented executive dashboards to improve surgical performance, and managed capital purchasing initiatives exceeding $20 million annually. Earlier in his career, Dylan held leadership roles with Synaptive Medical and Zimmer Biomet’s ROSA Robotics Division, where he managed clinical teams nationwide and drove initiatives to improve product utilization and service revenue. His work supported operating room efficiency and advanced clinical outcomes while building strong relationships with physicians and hospital administrators. Dylan began his professional journey as a Clinical Engineer with Cyberonics (LivaNova), assisting physicians and surgical teams with the implementation of neuromodulation technology for epilepsy and depression. He earned his MBA with concentrations in Healthcare, Strategy, and Marketing from Rice University, where he served as President of the Healthcare Association, and holds a Bachelor of Science in Biochemistry from The University of Texas at Austin. Recognized for his analytical mindset and results-oriented approach, Dylan is dedicated to helping business owners streamline operations, make data-informed decisions, and position their companies for long-term success. Outside of his professional work, he enjoys volunteering with WorkFaith, a Houston-based faith-driven nonprofit supporting job seekers, as well as making/ recording music and spending quality time with his family and friends.
Richard Carruth brings over 30 years of experience in construction, engineering, and asset performance management, with a strong background in operational reliability and risk mitigation. He retired from ExxonMobil as a Manufacturing Advisor before founding two businesses: Carruth Insurance and Carruth Solutions, LLC. Carruth Insurance provided tailored insurance solutions for high-net-worth individuals through financial advisors, applying industrial risk strategies to protect personal assets. Carruth Solutions, LLC helped industrial clients implement Asset Performance Management tools, turnaround planning, and instrumentation lifecycle applications to improve safety, efficiency, and profitability. Richard’s consulting work involved assessing operational risks, analyzing data, and recommending cost-effective, strategic improvements. He has held a Texas General Lines Agent license in Property & Casualty, Life, Accident, Health, and HMO insurance, and completed the ExxonMobil Enterprise Leadership Program at UNC’s Kenan-Flagler Business School. As a business advisor, Richard helps small business owners increase value by improving operations, financial performance, and market positioning. His client-focused approach includes business assessments, value enhancement strategies, and transaction preparation to maximize exit value. Known for his attention to detail, work ethic, and relationship-building skills, Richard serves both buyers and sellers with transparency and fiduciary responsibility. He engages through local networking, earns trust with tailored solutions, and maintains strong client communication. A native Texan, Richard lives in Montgomery, Texas with his wife of 34 years, Sheri. They enjoy time with their four children, four grandchildren, and pets Astro and Gracie. His hobbies include travel, sailing, and playing guitar.
Bringing a fresh, yet strategic business perspective to the world of business brokerage, Rel offers a unique blend of experience and expertise. A proud Veteran, Rel served four years in the United States Navy, where she learned valuable leadership skills and a disciplined approach to business. After transitioning to civilian life, she graduated from Lamar University’s School of Business and quickly became a passionate entrepreneur and marketing wiz. Rel has co-owned three small businesses, giving her a firsthand understanding of the ins and outs of various business structures. This experience allows her to guide others with a practical, hands-on approach to business ownership. She specializes in helping entrepreneurs with the startup of their businesses, creating strategic, successful marketing plans, and developing social media strategies that generate qualified leads for business owners. A proud resident of Beaumont, TX, Rel absolutely loves the community and the opportunities it offers. She is deeply invested in supporting local businesses and helping them thrive. Rel is a full-time marketer, no matter where she is or what she’s doing. In her free time, she enjoys making lasting memories with her family, gardening, and playing golf. She’s always open to connecting and building meaningful relationships, so let’s chat!
Keshav Kapoor, Business Advisor at Transworld Business Advisors Houston, brings a fresh yet insightful perspective to the world of business brokerage. Combining a vigorous academic foundation with hands-on financial analysis experience, Keshav guides business owners and entrepreneurs through the intricacies of buying and selling businesses. As a recent graduate with honors from the University of Birmingham in Business Management, he offers a unique blend of analytical expertise, strategic insight, and a passion for helping clients achieve their business objectives. Keshav’s background in business management and financial analysis equips him to effectively connect business owners with buyers. His education emphasized critical areas such as Managing Financial Resources, Business Strategies, and the impact of Artificial Intelligence on Business Analytics. Through comprehensive projects, he has developed his skills in evaluating business ventures to determine their viability and growth potential. In his current role, Keshav leverages his analytical capabilities to provide insightful financial analysis and market evaluations, ensuring that his clients understand the strategic and financial benefits of each transaction. His approach to building relationships is rooted in his leadership experience as the captain of the University of Birmingham men's soccer 1st team and his semi-professional soccer career outside the university. These experiences taught him the importance of collaboration, motivation, and long-term commitment. This same mindset guides him in fostering trust and transparency with clients, providing tailored strategies that align with their unique goals. Born and raised in Texas, Keshav has a deep connection to the Houston community. His passion for becoming a business broker is driven by personal experiences and a desire to support entrepreneurs through the complex process of selling their businesses. He is dedicated to ensuring clients not only receive fair value for their hard work but also feel confident throughout the transition. By focusing on transparency, integrity, and value creation, Keshav provides peace of mind to those embarking on the next chapter of their journey. Outside of his professional life, Keshav is an avid soccer player and runner. He also enjoys traveling and engaging in a variety of sports, including pickleball. These activities reflect his energetic and well-rounded personality, further contributing to his dynamic approach as a business advisor.
Steve Merritt is a Senior Business Advisor in the Houston office with over 30 years of experience in Finance and Business Development in Corporate America. He has also owned his own business for over 15 years. His experience spans many industries including transportation, oilfield services, waste management, equipment rental, fast food, pharmaceutical, reverse/forward logistics and pool services. Steve is the former Director of Finance for a large publicly traded company where he managed the investment portfolio with a collective valuation in excess of $200M. Within that role, he was a board member and advisor to many of the portfolio companies, creating deals that promoted growth and innovation. His extensive experience as an owner/operator of a multi-unit nationally recognized fast food franchise brings a unique perspective that will help his clients achieve their business objectives. Steve’s exposure in building a business from the ground up brings a beneficial perspective to his clients. He is versed in finding solutions to challenges that were not otherwise visible to others. Steve is a Certified Public Accountant, Certified Business Intermediary and Licensed Texas Real Estate Agent with a BBA from the Rawls College of Business at Texas Tech University. Steve also holds a Certified M&A Professional certificate from Kennesaw State University.
Bo Hudson is a Senior Business Advisor with over 20 years of Executive Corporate Management experience. His career path has provided an extensive background with multinational corporations in both the private equity and public sector. While serving as CEO for building product manufacturers DECRA Roofing Systems and Royal Manufacturing he fostered business growth by creating value, making transformational business process changes, and providing exceptional leadership. As an “entrepreneurial” executive, he thrived on the daily involvement with business operations and sales while spearheading product development initiatives which included the granting of 6 different patents. His background provides complete insight into the daily workings of organizations both large and small. Business Brokerage provides Bo with an opportunity to continue being a successful team builder while delivering a win-win situation for all parties involved. He received a BS Degree in Psychology from Spring Hill College in Mobile, Alabama and an MBA from the University of Dallas. His spare time is usually spent with family and travel, but he is always up for the challenge of a woodworking project.



