Sung Kim

Transworld Business Advisors of South & West Texas

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tworld.com/locations/southandwesttexas/


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Houston, 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.

Services Provided

Focused on helping business owners, buyers, and investors maximize enterprise value through strategic positioning, realistic market pricing, and confidential transaction execution across Texas. Services are designed to support both sell-side and buy-side clients through every stage of the business lifecycle—from valuation and growth planning to acquisition and exit.

• Business valuations, enterprise value enhancement, and exit strategy
• Confidential business sales, acquisitions, and franchise resale
• Buyer qualification, confidential marketing, and deal sourcing
• Deal structuring, negotiations, due diligence, and closing coordination
• SBA and non-SBA transaction guidance based on deal profile

Direct, transparent guidance centered on protecting value, identifying opportunities, and driving successful outcomes.

Areas Served

  • Harris County, TX
  • Business For Sale Listings

    $50,000
    Fulshear, TX 
    Restaurant Asset Sale – Equipment Value Exceeds Asking Price Turnkey Katy Location Ready for Your Next Concept

    This is a unique opportunity to acquire a fully built-out, fast-casual chicken restaurant located in the highly desirable Katy, Texas market. The business is being offered as an asset sale and includes a complete set of commercial kitchen equipment, furniture, fixtures, and leasehold improvements—making it ideal for an owner-operator or investor looking to launch a new concept without the time and cost of a full build-out.The current concept is not operating profitably; however, the asking price reflects a significant discount to the value of the included equipment and infrastructure. This presents a compelling opportunity for a buyer to step into a ready-to-go restaurant space and 

    $105,000
    Cash Flow: $30,055 
    San Antonio, TX 
    Established Hobby Retail Store Loyal Customer Base and Niche Market Position

    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 

    $110,000
    Cash Flow: $88,621 
    Harris Co., TX 
    View Details 
    Established Tailoring & Alteration Business Since 1985

    This established tailoring and alterations business has served the Kingwood area and surrounding Northeast Houston communities since 1985. The business specializes in clothing alterations, garment repairs, wedding and formal wear alterations, custom tailoring, and related sewing services for both men and women.Operations are currently owner managed with the owner performing much of the alteration work. The business has developed a loyal customer base over its nearly forty year operating history and generates business primarily through repeat customers and referrals. Services range from everyday clothing alterations to wedding gowns, formal wear, suits, and specialty garments.The business operates from a leased retail location on West Lake Houston Parkway and occupies approximately 1,013 square feet. The location provides convenient access for customers throughout Kingwood, Humble, Atascocita, and surrounding 

    $300,000
    Cash Flow: $94,946 
    Houston, TX 
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    Houston Full Dry Cleaning Plant | 20+ Years | 95K SDE

    Established full service dry cleaning plant located in the Houston market with over 20 years of operating history and a long standing community presence. This business operates as a true full plant facility, not a drop center, providing on site processing capabilities that offer greater operational control and service flexibility. Built on an established customer base, repeat clientele, and a proven location, the business has maintained consistent operations for multiple decades.Ownership is largely absentee, with the current owner primarily overseeing the business at a high level and visiting approximately once per week for financial management, while day to day operations are handled by staff. This structure creates an opportunity for a hands on owner operator to potentially improve profitability through increased oversight, expanded marketing, or 

    $1,200,000
    Cash Flow: $528,411 
    Houston, TX 
    View Details 
    Semi Absentee | Commercial Cleaning Franchise

    This opportunity may not currently fit a traditional SBA financing structure due to its limited operating history and annualized financial profile. The seller financing structure currently being considered is approximately $700,000 down, with the remaining $500,000 carried by the seller over 5 years at 10% interest. Buyers should be prepared for a substantial down payment and have the financial capacity to support this type of structure. Due to the high level of interest, priority will be given to buyers who can reasonably meet these financial expectations.Founded in 2024, this commercial cleaning franchise represents a newer but rapidly growing operation within the Greater Houston market. Recast financials currently reflect annualized Seller’s Discretionary Earnings (SDE) exceeding $525,000 based on current operating trends.The business is built around 

    $1,250,000
    Cash Flow: $497,024 
    Tomball, TX 
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    Specialty European Auto Repair Shop with Strong Cash Flow

    This business is an independent specialty auto repair shop located in the Houston area, focused on servicing high-end European vehicles. The operation provides a full range of maintenance and repair services and operates out of a fully equipped facility with significant investment in diagnostic equipment, tools, and shop infrastructure.The business has been operating for approximately 18 months and has generated strong early financial performance, with seller-reported discretionary earnings of approximately $490,000. The business is currently owner-operated, with the owner actively involved in day-to-day operations alongside a small team of technicians, including independent contractors.The facility is currently configured with nine service bays and has the ability to expand capacity with additional lifts, providing a path for increased throughput. The business has developed an initial base of repeat customers and continues to 

    $2,800,000
    Cash Flow: $872,309 
    Fort Worth, TX 
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    DFW Contract Logistics Operator – Recurring Delivery Model

    This opportunity represents the acquisition of a Dallas–Fort Worth based transportation company operating a contracted, route-driven logistics model. The business generates approximately $1.6M in annual revenue with Seller’s Discretionary Earnings of approximately $800k+ (2025), supported by a lean operating structure and subcontractor-based delivery model.Revenue is derived from a single long-standing commercial customer relationship, with services centered around recurring, scheduled delivery routes. The relationship has been maintained over multiple years through consistent operational execution; however, the revenue base is fully concentrated with one customer, and prospective buyers should evaluate the durability and transferability of this relationship as part of their diligence.Operations are supported by a fleet of medium-duty trucks and a network of independent drivers (1099), with contractor compensation structured 

    $500,000
    Cash Flow: $120,000 
    Houston, TX 
    View Details 
    Coin Operated Laundromat in Houston - Seller Financing

    ***Seller Financing***Coin-operated laundromat located in a densely populated area of Houston with a strong base of nearby apartments and residential housing. The facility includes 48 washers and 48 dryers. Equipment is approximately 12–15 years old and has not been recently replaced, but all machines are currently operational.The business is primarily coin-based, with additional income from wash-and-fold services and detergent sales. Reported revenue is approximately $18,000–$20,000 per month, with estimated net income of $8,000–$10,000 per month. Financials are seller-reported and should be independently verified during due diligence.The business is owner-operated and does not currently rely on employees. Operations are straightforward but require regular owner involvement, including cleaning, cash collection, basic maintenance oversight, and customer 

    $145,000
    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 

    $1,750,000
    Cash Flow: $459,954 
    San Antonio, TX 
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    San Antonio Auto Lot & Repair Shop Package – 50% Seller Financing

    The combined package is being offered for $3,550,000, which includes $1,750,000 for the businesses and $1,800,000 for the real estate, with seller financing available up to 50% for qualified buyers.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 

    $1,000,000
    Cash Flow: $312,389 
    San Antonio, TX 
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    Auto Repair Shop + Real Estate – Up to 50% Seller Financing

    Business is offered at $1,000,000 with real estate available for an additional $1,000,000This is an opportunity to acquire a full-service auto repair business with associated real estate in a growing Texas market. The business has an established customer base and generates consistent revenue from a mix of repeat retail clients and general repair work.Based on the updated recast, the business is producing approximately $312,000 in Seller’s Discretionary Earnings (SDE) on projected 2025 performance, with revenue growing from ~$644K in 2021 to ~$974K in 2025. Gross margins have improved over time, currently around 70%+, with net income of approximately $197K.The business is owner-operated with technicians handling day-to-day service work. Operations are straightforward and include general automotive repair and maintenance. There is no heavy reliance on a single 

    $750,000
    Cash Flow: $132,273 
    San Antonio, TX 
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    Profitable Used Car Dealership in San Antonio - Seller Financing

    Business is offered at $750,000 with real estate available for $800,000This is an established used car dealership located in San Antonio, operating with a straightforward model focused on pre-owned vehicle sales. The business generates revenue primarily through retail sales, with some leasing activity, and operates from an existing customer base with systems already in place.In 2025, the dealership is on pace to generate approximately $2.27M in gross sales with about $553K in gross profit. Net profit is approximately $79K, with Seller’s Discretionary Earnings (SDE) of $132,435 after add-backs. SDE has declined from prior years (over $300K in 2021–2022), reflecting margin compression and higher operating costs.The business carries approximately $300K in vehicle inventory at cost, which supports current sales volume. The real estate is included in the overall 

    $220,000
    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. 

    Richard Carruth Serving Montgomery County, TX

    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.

    Dylan Adams Serving Harris County, TX

    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.

    Aasif Iqbal Serving Harris County, TX

    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.

    Mauricio Carrillo Serving El Paso County, TX

    Mauricio Carrillo understands firsthand what it takes to build and operate a successful business. As the founder and CEO of Grupo Carrillo Inc., he has owned and managed multiple franchise locations since 2008, overseeing everything from site selection and staffing to marketing, financial performance, and long-term growth. His experience managing full P&L responsibility across several locations gives him a practical understanding of the challenges and decisions business owners face every day. Before becoming an entrepreneur, Mauricio spent nearly a decade with Cook Medical Inc., managing a $10 million sales territory across West Texas and New Mexico. In this role, he worked closely with physicians, hospital executives, and clinical teams, developing a reputation for his consultative approach, strategic thinking, and ability to manage complex business relationships. Earlier in his career, Mauricio built a strong foundation in sales and market development with Philip Morris USA, where he managed more than 140 retail accounts generating $12 million in annual revenue. His ability to grow market share in a competitive environment earned him recognition for performance and leadership. Today, Mauricio brings this combined experience in business ownership, sales strategy, and financial oversight to Transworld Business Advisors. He works closely with business owners to understand their goals, position their companies effectively in the market, and guide them through the process of selling their business with professionalism and confidence. Mauricio holds a Bachelor of Business Administration in Marketing from the University of Texas at El Paso.

    Wayne CBI, CM&AP Serving Harris County, TX

    Wayne Blease is an accomplished entrepreneur and business professional with over 30 years experience in the restaurant and real estate industries. Wayne has a proven track record as a restaurant owner having owned and managed multiple locations. Wayne has personally sold multiple of his own businesses bringing this unique perspective to the selling process. His background also includes investments in single-family and multifamily properties. Wayne earned his BBA in Finance and Entrepreneurship at the University of Houston’s Bauer School of Business. He also served as a volunteer for many nonprofit organizations, including the Houston Rotary Club, the Spring Klein Chamber of Commerce, Katy Business Network International, and Tri-County Business Associates. Wayne served as president of the Wolff Center for Entrepreneurship Alumni Association, as well as on the board of the University of Houston Bauer College of Business Alumni Association. In addition, Wayne served as an advisory board member for the Katy chapter of the National Hispanic Professional Organization. In his spare time, Wayne enjoys traveling, gardening and hiking.

    Bo Hudson, CMAP Serving Montgomery County, TX

    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.

    Katie Holditch Serving Montgomery County, TX

    Katie Holditch is a seasoned multipreneur and franchise business owner with over 17 years of experience in small business and franchise operations. Katie has started, grown, and sold a successful house cleaning franchise with 45 employees, 750 customers, and $1.5 million in revenues. She is currently the owner of a successful salon franchise, a Franchise Advisory Council Member, a Franchise Marketing Council Member and was recently selected as a Multi-Unit Franchise Partner of The Year. With her small business and franchise experience, Katie is well-positioned to support sellers in the sale of their businesses and at communicating with buyers. Katie’s favorite part of her job is the people—meeting and working with sellers and buyers who want honesty, clear communication and full support through the selling and buying process. Katie is a native Texan and proud Texas A&M graduate (Class of 97) with two boys, who she will tell you are the best reflection of her character, Stephen (22) and Jackson (18). In her free time, she loves spending time with her friends and family, indoor cycling, and traveling anywhere there is sand.

    Caroline Yuki Serving Harris County, TX

    Growing up in a Japanese culture, Caroline grew up thinking the Toyota lean manufacturing and entrepreneurial way. Her experience spans many different facets of business, including start-up, marketing, M&A, finance and operations management. Prior to Transworld, Caroline was a partner in a $150 million, mixed-use commercial real estate development in Dallas as well as the head of land sales, where she specialized in complex land entitlement and development projects. Caroline is a former chemical engineer who has built manufacturing plants $20MM-$150MM. Her favorite project is expanding the Ben & Jerry's Ice Cream line and getting access to unlimited ice cream. Caroline also worked in procurement where she negotiated $10MM contracts. During Covid, Caroline started up a consulting business where she successfully assisted 24 different companies in growing their businesses during the pandemic. She successfully launched and marketed each of these businesses' products online yielding increased revenues of double to quadruple pre-pandemic figures. Caroline is a Texas-licensed real estate agent with a specialty in helping senior citizens with farm and ranch land sales. As an entrepreneur and business development manager of multiple businesses, she understands the challenges that business owners face to build an organization that raises the bar for services offered to the small business community. Caroline has a passion for helping business owners achieve their financial goals with representation and how business owners can mitigate risk while optimizing their exit, so she is thrilled to have an opportunity to do this each and every day with Transworld.

    Steve Merritt Serving Harris County, TX

    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.

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