Denver-based United Flea Markets (UFM), owner of the largest portfolio of flea markets in the country, recently announced the acquisition of a controlling interest of Cole’s Antique Village and Flea Market in Houston, Texas. UFM is the country’s foremost flea market ownership and management company, with properties located from coast to coast. This acquisition marks the company’s 15th property and their first flea market in Texas.
This is the second market acquired in the past 30 days for United Flea Markets. In mid-November, the company announced the acquisition of Treasure Aisles Flea Market in Monroe, OH. UFM owns and operates diverse flea markets nationwide, bringing to each a valuable mix of small-company agility paired with finely tuned business acumen. This unique approach results in best-of-class, streamlined operations tailored to meet the unique needs of each individual flea market.
“Cole’s Antique Village and Flea Market is one of the largest indoor/outdoor flea markets in southern Houston. We’ve had our eye on a number of Texas flea markets and are pleased to welcome Cole’s to the United Flea Markets family of properties,” Rob Sieban, President, CEO and co-owner of United Flea Markets, said.
Cole’s Antique Village and Flea Market opened in 1968 and offers more than 44 acres of indoor and outdoor shopping. More than 1,300 vendors sell new and vintage items including art, home décor, apparel, toys, tools, electronics, sporting goods and more. There are 26 food stands serving beer, roasted corn, nachos, churros, pizza, ice cream, funnel cakes, potatoes, donuts and BBQ. The property welcomes 12,000 – 15,000 customers each weekend.
The majority of the flea market employees will be retained and former owner Scott Morrison will continue to maintain an economic interest in the market while consulting with UFM. Over the next few months, the WiFi system will be upgraded, interior and exterior signage will be updated and a comprehensive marketing plan will be developed and implemented along with the rollout of an enhanced technology platform.
“I am very excited to partner with United Flea Markets as they take over operations of Cole’s Antique Village and Flea Market,” said Morrison. “We know the team is committed to continue investing and improving the market experience while giving our valued customers a great place to visit.”
Cole’s Antique Village and Flea Market is located at 1014 N Main St, Pearland, Texas. The market hours will remain the same: Saturday and Sunday 8 a.m. to 6 p.m. year-round. Flea market owners interested in learning more about investments from United Flea Markets can visit www.unitedfleamarkets.com or call 720-592-0260