Please meet Dean Burnette, the founder and managing broker at Best Business Brokers (B3)

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6605 Abercorn St., Suite 101D, Savannah, GA 31405 
http://B3Brokers.com 
912-349-0940

Dean Burnette has just been named the president of the Georgia Association of Business Brokers (GABB) for 2019. We sat down with him to learn more about his background and the future trends of business brokering.

Dean Burnette, Best Business Brokers

Dean Burnette, Best Business Brokers

Dean, please tell us a little about yourself. I was born at Chenault Air Force Base in Lake Charles, La., on Contraband Bayou — and yes, that’s a real place — in Calcasieu Parish and went to Sulphur High School in Sulphur, La., about 10 miles from Lake Charles. I’ve owned businesses for more than 30 years and started Best Business Brokers in 2009. Since then, I’ve sold millions and millions of dollars worth of businesses and real estate, and for several years, I have been recognized in the GABB (Georgia Association of Business Brokers) Million Dollar Club.

How did you get into business brokering? I had three years of drafting in high school and thought I’d be an engineer, but life had other plans. I practically started a business right out of high school and never looked back. I’ve bought, started and sold my own businesses, and that was the basis for my becoming a business broker. My professional mentor is a man named Ed Pendarvis. Ed founded Sunbelt Business Brokers and I had the privilege to work with him in 2007 and 2008 before I started Best Business Brokers in 2009. We have three brokers and are still growing.

What does B3 do? Founded in 2009, Best Business Brokers helps people buy or sell businesses and commercial real estate, listing in the southeast USA, primarily in Georgia and South Carolina. We specialize in manufacturing businesses, technology businesses and logistics businesses with revenues between $1 million and $30 million and industrial/commercial real estate. Primarily, our clients are owners looking to sell. Our team counsels clients on the process, helping to set their expectations and stage their business or property for sale. Ultimately, we guide clients through every step of the transaction.

What aspect of your business are you most passionate about? A lot of people wouldn’t realize a business brokerage is involved in helping people, but that’s really true. It’s not just that real estate and businesses change hands; it’s much more personal. Many of my clients are more than 70 years old. They’ve spent their lives building their businesses, and it’s not uncommon for illness or some other life circumstance to prompt them to put their life’s work on the market.

I realize that selling a business, sometimes before you are ready, is more than a transaction. My clients trust me with their most private financial information and, many times, personal information too. They depend on me to help them through a significant life change.

Give us an example. A gentleman contacted me, looking to buy a certain size and type of software company and asked whether I could help him. When I found the right business, I called the owner, introduced myself and explained why I was calling. He said he had not thought about selling, but after a brief pause he offered, “I’ll sell it for a million dollars and not a penny less!” The potential buyer was enthusiastic, and the sale closed in a few short months. Only a few weeks later, the seller called to thank me for contacting him when I did. He said he had just been diagnosed with cancer and had he not sold the business when he did, it would have made his life more difficult.

What about your business makes you the proudest? We are one of the top business brokerages in Georgia. I take a great deal of pride in the clients and customers we have and the transactions we’ve brokered. It is a privilege to work and be trusted by this caliber of people.

What are some of the challenges you have encountered? Economic cycles. When some businesses and industries suffer, others flourish. Our challenge is staying ahead of the curve.

As a business broker, what trends do you see in the future? I’m an eternal optimist. Life is good and life will be better than we can imagine. The Port of Savannah will continue to set records for business merger and acquisitions activity in the southeast U.S., and we will be ready for it.

What do you do when you are not working? I am married to Dr. Deborah Burnette, and we have two children and four grandchildren. Debbie came home one day and told me Tommy Holland and Skip Jennings were starting a Wednesday night jam session at the Coffee Deli over on Habersham Street. I went and have been going back for almost six years. I guess you could say I’m one of the Midtown Pickers. I enjoy kayaking, taking pictures with my iPhone and my drone and running. I also really enjoy being in parades on the parade float the Santa Maria.

Dean will serve as the president of the Georgia Association of Business Brokers until 2020. For more information about the organization or business brokering, please contact Dean Burnette at dean@B3Brokers.com or 912-349-0940.

Kole Management Sells Apartment Portfolio, Focuses Solely on Property Management

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Kole Management Sells Apartment Portfolio, Focuses Solely on Property Management

(Savannah, GA) Savannah-based Kole Management Co. is in the process of selling its portfolio of 13 apartment communities in two states to transition exclusively into property management. In its new form, the company will retain management of eleven of those properties.

“We have decided to devote all our time and expertise to third-party management and look forward to providing the same boutique, quality service to our clients and residents as we did when we were owner/operators,” said Kole ManagementCOO Khrista Villegas.

Kole Managementput its multifamily portfolio on the market in November, and all of its properties are under contract with closing expected in April and May. That portfolio consists of seven properties in Savannah, three in Macon and one each in Augusta and Canton, Georgia, and Charlotte, North Carolina.

”A number of factors, including historically low cap rates and broad investor interest in smaller market assets, came together to convince us that it was a good time to consider selling our portfolio,” said Kole Management Co.President, Jeff Kole. “Until recently, we had little interest in selling and were, in fact, building a robust and highly capable management company to oversee properties for ourselves and third parties. This sale provides us the opportunity to focus exclusively on offering boutique yet sophisticated property management for a wide range of apartments – from lease-ups to workforce housing – across the Southeast.”

The company expects to grow its multifamily property management portfolio with expansion into North Carolina and Florida, as well as additional properties in Macon. Details of those arrangements, as well as, the new positions brought on to support this growth, will be announced in the near future.

Kole Management company logo

ABOUT KOLE MANAGEMENT COMPANY
Family owned since 1991, Kole Managementwas founded by Donald Kole, the former owner of the Builderama home supply store chain. In 1994, Donald’s son, Jeff Kole, joined KMCand currently serves as president. What started as a small investment firm based in Savannah, Georgia, is now a rapidly growing third-party management enterprise, overseeing apartment communities throughout the Southeast. In addition to that, KMChas four warehouse distribution facilities equaling approximately 600,000 square feet. For more information on Kole Management, visit Kolemc.com.

MEDIA CONTACT
Marjorie Young
Carriage Trade Public Relations®
marjorie@carriagetradepr.com
912.844.9990

Roush’s Delivery Service Breaks Ground on New Warehouse Flex Space

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Roush’s Delivery Service Breaks Ground on New Warehouse Flex Space
The Dewitt Tilton Group Starts New Construction on 30,000 Building in Garden City

(GARDEN CITY, GA) Savannah-based commercial construction firm, the Dewitt Tilton Groupheld groundbreaking ceremonies in Garden City for a 30,000-square-foot warehouse/office building for Roush’s Delivery Service.

The groundbreaking took place at the construction site, Lot 6 West Chatham Business Park in Garden City.

Dewitt Tilton Group

(left to right): Andrew DeWitt, Principal of The Dewitt Tilton Group; Mike Roush, President of Roush’s Delivery Service; Chris Tilton, Principal of The Dewitt Tilton Group; Mike Roush Jr., General Manager of Roush’s Delivery Service; Stephen Cobb, Superintendent at Dewitt Tilton Group; Kim Thomas, Director of Operations at The Dewitt Tilton Group.

Dewitt Tilton Group

(left to right): Brooke Phillips, Small Business and Events Manager for Savannah Area Chamber of Commerce and Visit Savannah; Marcia Daniel, Garden City Councilmember; Kim Thomas, Director of Operations at The Dewitt Tilton Group; Andrew DeWitt, Principal of The Dewitt Tilton Group; Chris Tilton, Principal of The Dewitt Tilton Group; Mayor Don Bethune, Garden City Mayor; Mike Roush Jr., General Manager of Roush’s Delivery Service; Mike Roush, President of Roush’s Delivery Service; Debbie Ruiz, Garden City Councilmember; Ed Cook of Roush’s Delivery Service.

Dewitt Tilton group

(left to right): Brooke Phillips, Small Business and Events Manager for Savannah Area Chamber of Commerce and Visit Savannah; Marcia Daniel, Garden City Councilmember; Kim Thomas, Director of Operations at The Dewitt Tilton Group; Andrew DeWitt, Principal of The Dewitt Tilton Group; Chris Tilton, Principal of The Dewitt Tilton Group; Mayor Don Bethune, Garden City Mayor; Mike Roush Jr., General Manager of Roush’s Delivery Service; Mike Roush, President of Roush’s Delivery Service; Debbie Ruiz, Garden City Councilmember; Ed Cook of Roush’s Delivery Service.

Roush’s Delivery Service, founded in 1973, provides expedited less-than-truckload (LTL) and logistics services. Mike Roush is president of the family-owned firm, and Mike Roush Jr. is its general manager. The company experienced a 400% growth over the past four years, thus demanding physical expansion.

“We have to adapt as our clients’ needs change,” said Mike Roush. “Most of our customers now need project-based work, and our new site will equip us to meet those needs in the most effective manner. Yes, we have grown tremendously, but the reason for this expansion is also to better serve our clients.”

The pre-engineered metal building will include 3,500 square feet of heated and cooled office space. The building is dock-high all the way around, and the office portion will be configured as two stories. Translucent light panels along the front and rear will allow natural light into the warehouse. 12 overhead garage doors that vary in size with edge or pit levelers will accommodate most any truck and its load. There is also a concrete ramp into the building from parking level as another means of access for receiving or delivering goods.

“Mike and I were buddies in grade school and high school,” Chris Tilton, one of the principals at Dewitt Tilton, said of the younger Roush. “Who would have thought, back when we were at Benedictine, that we would one day be working together on a $2 million construction project? We appreciate all of our clients, but it is really fun to work with old friends.”

MORE INFORMATION ON DEWITT TILTON GROUP
The Dewitt Tilton Group, a premier construction firm located in Savannah, Ga., specializes in commercial construction. The principals, Andrew Dewitt and Chris Tilton, have over 50 years of combined experience in the local construction industry. The firm manages every aspect of a commercial project from pre-construction to the final walk through. Known for using only highly reputable contractors, the Dewitt Tilton Groupbrings to the table design, engineering and construction capabilities which guarantees a smooth construction process for each client. The firm is located at 2807-A Roger Lacey Avenue, Savannah, GA 31404. For more information or to contact the Dewitt Tilton Group, please call 912.777.3404 or visit www.dewitttiltongroup.com

CONTACT
Kim Thomas
Dewitt Tilton Group
912-777-3404
kim@dewitttiltongroup.com

MEDIA CONTACT
Cynthia Cradduck
Carriage Trade Public Relations®, Inc.
Cecilia Russo Marketing
cynthia@carriagetradepr.com
912.856.9075

State of Small Business in Chatham County Announced for Wednesday, May 8

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State of Small Business in Chatham County Announced for Wednesday, May 8

(SAVANNAH, GA) The 7th Annual State of Small Business in Chatham County, presented by Best Business Brokersand Wells Fargo & Company, will be held Wednesday, May 8, at the Eckburg Auditorium at Savannah Technical College, 5717 White Bluff Road, Savannah, GA.

During the morning event, five area experts will present reports on measurable benchmarks relating to the health of Savannah’s small business community.

The goal of State of Small Business is to have current and relevant information available about the local economy, to help the small business owner make informed decisions in strategic business planning.

2019 State of Small Business presenters and topics include:

• Jen Bonnett, Savannah Economic Development Authority: Technology Trends;
• Lee Beckmann, Georgia Ports Authority, Garden City Terminal: Freight Shipping Trends;
• Tony O’Reilly, president of the Small Business Assistance Corporation: Small Business Access to Capital in the Savannah Region;
• Rhett Mouchet, associate broker at Colliers International Savannah: Commercial Real Estate Trends;
• Dean Burnette, managing broker at Best Business Brokers: Business Sales Trends.

Following their presentations, the speakers will hold a round-table review to discuss the implications of the data and how it relates to small business owners.

Michael Toma, director of the Center for Business Analytics and Economic Research at Georgia Southern, will join the discussion to help interpret available information.

State of Small Business in Chatham County , Best Business Brokers

Doors open at 8 a.m. with refreshments available. Reports start at 8:30 a.m. and the roundtable will begin at 9:30. The event will end at 10 a.m.

During the event, there will also be displays from SCORE, UGA Small Business Development Center, and The Creative Coast, providing business resource materials.

This event is free and open to the public but seats are limited. Registration is required through https://www.eventbrite.com/e/state-of-small-business-in-chatham-county-tickets-59453115870.

This event is sponsored by Best Business Brokers, Wells Fargo & Company, Savannah SCORE, The Creative Coast, UGA Small Business Development Center, Savannah Entrepreneurial Center, Savannah Economic Development Authority, the city of Savannah, Small Business Assistance Corporation, Joe Marchese Construction, Carriage Trade Public Relations, Cecilia Russo Marketing, the Savannah Morning News, Richmond Hill Chamber of Commerceand the Savannah Area Chamber of Commerce.

A PDF of all reports will be available on the Savannah SCOREwebsite, https://savannah.score.org/.

The event will be livestreamed on Facebook from 8:30 a.m. to 9:30 a.m. on the Best Business Brokers, SCORE Savannahand Carriage Trade Public RelationsFacebook pages. Join the conversation by using the hashtag #SmallBizSav19.

For more information, visit https://www.eventbrite.com/e/state-of-small-business-in-chatham-county-tickets-59453115870.

ABOUT BEST BUSINESS BROKERS• B3
Best Business Brokers (B3) help people buy and sell businesses and commercial real estate in Georgia and South Carolina. The company is based in Savannah, Georgia. B3offers a variety of brokerage services, including confidential targeted marketing, potential buyers’ qualifications, showcasing, transaction negotiations, due diligence management, escrow process management, valuations and pricing, and closings. Their seasoned and award-winning business brokers are all licensed, commercial realtors. B3specializes in a multitude of industries, such as manufacturing-, technology- and logistics-related businesses and properties. Their headquarters is located at 6605 Abercorn St., Suite 101D, Savannah, GA 31405. For more information, visit http://B3Brokers.comor call 912-349-0940.

ABOUT WELLS FARGO & COMPANY
Wells Fargo & Company(NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargoprovides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,800 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 37 countries and territories to support customers who conduct business in the global economy. With approximately 259,000 team members, Wells Fargoserves one in three households in the United States. Wells Fargo & Companywas ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargoare also available at Wells FargoStories.

MEDIA CONTACT
Marjorie Young
Carriage Trade Public Relations®, Inc.
marjorie@carriagetradepr.com
912.844.9990
www.carriagetradepr.com

Pooler Parkway Location is Enmarket’s Largest Newly Built Store

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Pooler Parkway Location is Enmarket’s Largest Newly Built Store

(POOLER, GA) Enmarket, a Savannah-based chain of convenience stores, has built a new 6,366-square-foot store on Pooler Parkway across the street from the soon-to-open St. Joseph’s/CandlerPooler Campus.

The store, which offers 20 fueling stations and an electronic vehicle charging station, is Enmarket’s third in Pooler but its first on Pooler Parkway. The two others are on Highway 80.

The new store features the chain’s first drive-through window, serving fresh food and beverages from Enmarket’s proprietary restaurant, The Eatery. It also features touchless restrooms, exposed ceilings, spacious parking and outdoor seating.

Enmarket Pooler Location EateryEnmarket Pooler Location ExteriorEnmarket Pooler Location Interior

Some features are invisible to customers but will contribute to better service, such things as a redesigned and more efficient kitchen and an improved vendor receiving area. Progressive Builderswas the general contractor for the project.

“This is the largest Enmarketwe’ve built from the ground up,” said Brett Giesick, president of Enmarket. “We’re excited to announce this new location, and believe it serves as a fine example of our dedication to providing customers with quality service and food.”

The new store is part of an Enmarketexpansion plan that includes the rebuild of the existing store on Martin Luther King Jr. Boulevard in downtown Savannah, a new headquarters complex that will include the rebuild of the Enmarketon U.S. 17 at Chatham Parkway and a future store in Port Wentworth.

Enmarketcurrently operates 124 convenience stores and 14 quick-serve restaurants with more than 1,200 employees in Georgia and North and South Carolina.

ABOUT ENMARKET
Enmarket, founded as Interstate Stations by Robert Demere in 1963, is part of Savannah-based Colonial Group, Inc. The retailer operates convenience stores in Georgia, South Carolina and North Carolina and was noted as the industry’s “Biggest Mover” in store count ranking by Convenience Store Newsin 2018. The company is committed to giving back to the community through many charitable contributions and volunteer efforts, offering fresh food, healthy snacks, and competitively priced quality fuel as part of its mission to enrich life. Enmarketcurrently employs more than 1,200 people and operates 124 convenience stores and 14 quick-serve restaurants as the 54th largest convenience store operator in the country. www.enmarket.com

MEDIA CONTACT
Matt Clements
Director of Marketing
Enmarket
MClements@enmarket.com