The newest sweet tooth competitor in town, Lickin Good Doughnuts, is opening storefronts in Mobile and Baldwin counties at the blistering pace of one every three to four months. Their first shop opened in Robertsdale in December 2013 and a second store was added in Saraland April of this year. The newest, 1,900-square-foot location will welcome customers in July at 3915 Government Blvd.
Lickin Good Doughnuts is a family-owned business consisting of the husband and wife team of Doug and Donna Wynn; son DJ Wynn and daughter Heather Wynn. Recently relocated from Shreveport, La., Doug Wynn has 30 years of experience in the doughnut making business.
“My son and I drove all over the Southeast looking at new markets. We traveled throughout Arkansas, Louisiana, Mississippi and Alabama. Mobile is around the same size as Shreveport but there are about 30 doughnut shops over there versus only a handful here.” Wynn said.
Wynn said that his recipes are unique compared to the competition. A hot seller in Saraland, for example, is a glazed maple confection sprinkled with bacon bits (recently invented by daughter Heather). A Czech pastry called a Kolache (Conecuh sausage wrapped in homemade bread) will be sold alongside usual fare at the new store.
Plans are to aggressively grow moving forward. “We don’t have a set number or timeframe on stores to open over the next few years, it just depends on the opportunity and where the Lord leads us,” family patriarch Doug Wynn said.
To learn more about Lickin Good Doughnuts, visit their Facebook page at: www.facebook.com/LickenGoodDonuts
Small Business Sales activity shows positive trends
The American Business Brokers Association (ABBA) recently surveyed their 4,500 members with interesting results.
“The survey of the ABBA membership ran for three weeks ending June 10,” said William Bruce, owner of William Bruce Sales & Acquisitions LLC and current ABBA president.
The members were asked how their activity from both business buyers and sellers, excluding closings, compared to the same period last year to date. The results were listed as follows:
Down significantly (25 percent or more) was 14 percent; down slightly (approximately 10 percent) was 9 percent; no change was 16 percent; up slightly was 28 percent; up significantly was 34 percent.
In summary, 62 percent of brokers responding said activity was up versus 23 percent surveyed indicating that activity was down compared to 2013.
“I think business brokerage activity is a pretty accurate indicator of the general economy, so this is encouraging,” Bruce said.
Airbus loses massive contract
Per Bloomberg News, Airbus was recently hit with one of their most massive order cancellations in recent memory. Emirates Airlines dropped a deal for 70 A350 aircraft. The value of the contract was estimated to be $21 billion, according to a New York Times report.
Airbus stock price dropped roughly 4 percent in morning trading after the news release, per the Associated Press.
“The A350 is a good aircraft, it’s a clean ship, it’s cutting edge, but I don’t think the delivery schedule of the A350 fits in line with Emirates’ growth capabilities at this moment,” Mark D. Martin, chief executive officer of Dubai-based Martin Consulting LLC., told Bloomberg.
The Emirates order was the second-largest in Airbus’s A350 order book, behind Qatar Airways with 80 aircraft and alongside Singapore Airlines with 70. It represented about 9 percent of Airbus’s total outstanding orders for the new plane, according to the New York Times.
Starting in 2015, Airbus will assemble A320 family aircraft at Mobile Aeroplex at Brookley, where a $600 million final assembly line is currently under construction. Calls made to Airbus North America for additional commentary were not returned prior to press time.
Meador Warehousing wins ‘Green’ Award
Locally-owned Meador Warehousing & Distribution, Inc. has won an Environmental Stewardship Award by Cam-Air, LLC & Orion Energy Systems in recognition of their ongoing efforts to reduce climate change impact within the local community.
The Environmental Stewardship Award recognizes exceptional performance in achieving sustainability, objectives and financial goals. “This award targets enterprises within the local community that set environmental commitments,” said Chris Thompson, President of Cam-Air, LLC. “In addition, it recognizes companies that go beyond measuring performance and embrace a mindset of continuous improvement to help surpass their targets by leveraging the partnerships of experts in the energy efficiency industry.”
Local Allstate agency owners named Premier Agencies for 2014
Allstate exclusive agency owners throughout Mobile were recently designated as Allstate Premier Agencies for 2014. The Allstate Premier Agency designation is bestowed on fewer than 48 percent of Allstate’s nearly 10,000 agency owners across the country.
The designation was presented to agency owners Alvin Presnell Jr., Burt Blair, Gabriel Peck, John E. Brown, Jr., Daniel Cottrell, Leslie Addison, Robert Paul Munger, Travis Everette and Kenneth Paul Morgan for outstanding business performance and commitment to putting customers at the center of their agencies’ work.
“These awards are not just about successful business results,” said Bob Holden, field senior vice president. “They also demonstrate the agents’ commitment to being accessible to customers and leveraging expertise to help ensure customers have the insurance products they need to protect themselves and their families.”
Commercial Real Estate Moves
Labor Smart, an on-demand staffing company, is having its ceremonial ribbon cutting on Friday June, 13 at 4:15 p.m. According to a press release, Labor Smart is the fastest growing company of its kind in the U.S. with 31 branches – a number that will grow to 100 by 2017. Seven branches were recently opened in Gulfport, Pascagoula, Pensacola, Panama City, New Orleans, Baton Rouge and now Mobile.
John Delchamps, associate broker with Merrill P. Thomas Co., recently leased a 1,000-square-foot office/warehouse space to Power & Rubber Supply Inc.
American Home Patient has leased a 2,400-square-foot space at 875 & 877 Hillcrest Road in Sugar Mill Village shopping center, Mobile. Bob Cooper with Prudential Cooper represented the tenant and Sharon Wright, CCIM, CRB, GRI with White-Spunner Realty, worked for the landlord.
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