November 24, 2021

Consumer Stories

“Nutty” retailer ready for big move to Washington Road

Brian and Kam Kyzer plan to relocate their gourmet nut business to a much larger space early next year. Watanut, currently located at 3604 Verandah Drive, Suite A in Augusta, is moving to 3311 Washington Road near Infiniti of Augusta. “It’s 10,000 square feet, so at least four times larger” than their current location, says Brian. “We’ve outgrown our current space.” He states they look forward to having more retail and storage space, as well as a larger kitchen. The business sells a variety of items, such as nuts, cookies,

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Consumer Stories

SIMON SAYS: Augusta not stacking up well on job front

Last week I described the weak labor market in Augusta over the last year. The Labor Market Index, a composite index of five labor market indicators (employment, unemployment rate, average weekly earnings, labor force, and hours worked), increased just 1.4% over the last year. Compared to other Metropolitan Statistical Areas in Georgia only Columbus and Hinesville have performed worse. The most robust labor market can be found in Savannah, increasing 5.6% over the last year (see photo above). Strong growth was also seen in Atlanta, Brunswick, Dalton, and Gainesville, all

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B2B Stories

Nearly $2 million price tag for Augusta landmark

After 25 years in business, a local liquor store has been listed for sale for $1.9 million. According to a newsletter from the Beman Group with Blanchard & Calhoun Real Estate Company, the owners of Harvard’s Wine & Beverage, located at 110 Old Evans Road near the intersection of Bobby Jones Expressway and Washington Road, are ready to retire. The more than 9,000-square-foot store, which opened in 1996, carries a wide selection of alcoholic beverages, including wine, beer, and liquor. There’s also a second location at 145 Kings Grant Drive

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B2B Stories

How to improve the value of your business to a buyer

In working with business owners on the sale of their businesses, we always start the process with a business valuation to determine what we feel the company would sell for in the market place. And it probably comes as no surprise that many business owners are hoping for a price greater than what the market probably will pay. Why this occurs is there is no public database of what businesses sell for that a seller or buyer can research to arrive at a value, especially if there is no real

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Consumer Stories

Good Deeds Holiday Style

ABD is big on good deeds in our area by CSRA companies! Apparently, “Tis the Season” to share the joy and blessings area companies have received in 2021. ABD Publisher Neil Gordon has more in his “VLOG”.

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