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Highly Rated Italian Restaurant In Wilmington, NC For Sale

Wilmington, North Carolina, US
Asking Price:
$795,000
Sales Revenue:
$1,156,018
Cash Flow:
$228,460

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.

Property Information

Real Estate:

Lease

Lease Rent:
$7,840 per sq ft per annum
Premises Details:

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.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There are several opportunities for a new owner to increase revenue and expand the business, including: Expanding use and promotion of the drive-thru window for faster service and increased takeout volume, Leveraging the outdoor porch seating to enhance the dining experience and seasonal capacity, Opening on Sundays, which could capture additional weekend dining demand, Expanding catering services for local businesses, events, and parties, and Increasing online ordering, delivery partnerships, and digital marketing efforts

Competition / Market:

The Wilmington region continues to experience strong population growth and increasing tourism, creating consistent demand for local dining establishments. Italian cuisine and pizza remain among the most popular dining categories, attracting both lunch and dinner customers.

Reasons for selling:

Retirement

Years established:
2018

Other Information

Support & training:

The owner is willing to provide a reasonable transition period to ensure a smooth transfer of operations. This may include training on daily operations, vendor relationships, recipes, staff management, and systems to help the new owner maintain the restaurant’s established quality and customer experience.

Furniture / Fixtures value:
$134,398