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31517181

123 Wilmington way confidential, Wilmington, NC 28401 For Sale

TE
NC 214826
MoMentum companies
Listed by MoMentum companies
$795,000
103 days on market
Updated 103 days ago

Highly Rated Italian Restaurant in Wilmington, NC

Details
Property Type Business for Sale
Sub Type Business Only
Cap Rate 28.74%
NOI $228,460
Year Renovated 2018

Business for Sale | 28.74% CAP

Marketing description

This is a rare opportunity to acquire a well-established and profitable Italian restaurant located in the growing Wilmington, North Carolina market. The restaurant has developed a loyal customer following and is widely known for its high-quality pizza, classic Italian dishes, and consistent service.

The business operates six days per week and benefits from a strong and dependable lunch crowd, along with steady dinner traffic from local residents and nearby businesses. Its reputation for excellent food and welcoming atmosphere has made it a local favorite for both dine-in and takeout customers.

The restaurant features multiple revenue channels including dine-in service, takeout, and a convenient drive-thru window. In addition, outdoor porch seating creates an inviting atmosphere for guests and provides additional capacity during favorable weather.

Investment highlights

The sale includes the furniture, fixtures, and equipment necessary to continue operations without interruption. Kitchen equipment, preparation areas, refrigeration units, cooking appliances, and dining room furnishings are all in place and operational. These assets allow a new owner to step in and immediately continue running the business as a turnkey operation.

Listing Contacts

TE
NC 214826
MoMentum companies
Listed by MoMentum companies

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$228,460.00
$19,038.33/mo

Valuation Metrics

0
DSCR
28.74%
Cap Rate
28.74%
ROI

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Property History

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