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Saturday, October 01, 2022

Downtown medical office building sold to a new owner

A large downtown medical office building is under new ownership, according to Jordan Trotter Commercial Real Estate. The 21,430-square-foot building, which was built in 2002, is located at 630 13th St. near Piedmont Augusta and Augusta University Medical Center. Its tenants include Augusta Vascular Center and Hanger Clinic. Augusta Vascular Center treats a variety of conditions, including…

ByJosh HeathAugust 17, 20220Comments

B2B Stories Business Sales

Local home improvement company sold after half century

The focus of our “Mondays with Rick” column this week is the pros and cons of selling your company to a private equity firm. In today’s business minute, ABD Publisher Neil Gordon says it almost happened with Southern Industries.

ByNeil GordonFebruary 7, 20220Comments

B2B Stories Business Sales

Mondays with Rick: Selling your business

Editor’s Note: Dr. Rick Franza, is the Dean of the Hull College of Business who discusses a different, timely business topic each Monday in this column. This week, we’re looking at the sale of CSRA businesses. The interview has been edited for clarity and impact. ABD: Rick, in the last few years and months a number…

ByNeil GordonFebruary 7, 20220Comments

Business Sales Top Story

New majority owner of Partridge Inn fuels $10 million renovation

New General Manager ✔ New Majority Owner ✔ New bathrooms ✔ New HD 55” TV’s ✔ New adjacent parking lot ✔ These are just some of the changes happening during the historic Partridge Inn’s $10 million renovation, which started September 15th and will last until before the Masters Golf Tournament. Taconic Capital, a Park Avenue global investment firm in New York…

ByNeil GordonDecember 16, 20212Comments

B2B Stories Business Sales

New franchisee to take over “cool” local business

Maranda Carruth has always wanted to be a business owner, but she wasn’t sure what type of business it would be. Carruth will officially take over the Kona Ice of Western Augusta franchise on Saturday, Jan. 1, 2022, but she has been preparing for this new role for the last three years by learning the business…

ByJosh HeathNovember 29, 20210Comments

B2B Stories Business Sales

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…

ByTim Dalton, President Integra Business BrokersNovember 24, 20210Comments

B2B Stories Business Sales

Local doctor and his wife excited to see how the cookie crumbles

Troy Akers works as a doctor, but now he’s decided to take a bite out of the cookie business. Next spring, Troy – an Army veteran – and his wife, Nancy, will open a Crumbl Cookies franchise at 4263 Washington Road, Unit 625 in the Mullins Colony Shopping Center near Belk in Evans. “We’ve always been…

ByJosh HeathNovember 15, 20210Comments

B2B Stories Business Sales Consumer Stories Retail

New owner promises change at unconventional CSRA convenience store

A popular store in Aiken County now has a new owner. Dave’s Grill & Grocery is the only store in the small town of Couchton, South Carolina in Aiken County. The store was just purchased by Andrew Siders – vice chairman of the Aiken County Council. Andrew Siders – vice chairman of the Aiken County Council –…

ByJosh HeathAugust 16, 20210Comments

B2B Stories Business Sales

Evans DIY business sold to new owners

New owners of AR Workshop A successful do-it-yourself arts and crafts business in Evans is changing hands at the end of the month. AR Workshop – located at 3116 William Few Parkway next door to Rooted Coffeehouse in the Riverwood Shopping Center – has been sold to new owners who will take over the business on June…

ByJosh HeathJuly 15, 20210Comments

B2B Stories Business Sales

Another day, another downtown Augusta building sold!

This building at 1031 Ellis Street was purchased for $500,000. (Photo courtesy Zillow) A 113-year-old building on 10th and Broad just sold for $500,000 to one of the tenants The building at 1031 Ellis Street features a bar, nightclub, and restaurant venue called “Soultry Sounds”. There are also three loft apartments above the club. Jonathan Aceves,…

ByNeil GordonJuly 15, 20210Comments