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Accommodation & Food Services

Established Italian Restaurant In High-growth Coastal Market

Southport, NC, USA
Listed 166 days ago
Established 2020

Well-established and highly regarded Italian restaurant and pizzeria located in one of coastal North Carolina’s fastest-growing markets. This successful business has built a strong reputation for quality Italian cuisine, specialty pizzas, and loyal repeat clientele. Positioned on a highly visible main thoroughfare with excellent traffic exposure, the restaurant benefits from strong local support, consistent year-round business, and seasonal tourism demand. The business operates from a leased location with transferable lease terms. This is a turnkey opportunity for an owner-operator or experienced restaurateur seeking to acquire a profitable, established restaurant in a thriving market. The current owner is hands-on in daily operations and is prepared to assist with a smooth transition. Additional details and financial information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement.

Location

Located in a rapidly expanding coastal North Carolina market experiencing significant residential and commercial growth. The area benefits from a strong local customer base, increasing population, and ongoing tourism traffic. The restaurant has established itself as a well-known destination in the community with a loyal customer following and strong market presence.

Real Estate

Lease

Relocatable

This business can be relocated

Management Type

This business is owner operated.

Premises Details

The business operates from a leased commercial space in a prime high-visibility location along a main roadway through town. The facility is fully equipped for restaurant operations and includes all furniture, fixtures, equipment, and operational assets necessary to continue business seamlessly. All business assets are included in the sale, and the lease is transferable subject to landlord approval.

Support & Training

Owner will provide reasonable training and transition support to ensure a smooth handoff to new ownership. Specific training period and terms to be negotiated as part of the sale.

Expansion Potential

Opportunities exist to expand revenue through increased marketing efforts, expanded catering, delivery partnerships, enhanced digital ordering, menu expansion, and extended operating hours. Continued population growth in the surrounding area provides additional upside for a new owner.

Reason for Selling

Owner is retiring after years of successful operation and is seeking a qualified buyer to continue the restaurant’s established legacy.

Financials

Asking Price
$525K
RevenueMost Recent Year
$980K
Earnings (SDE)Last Reported
$152K
Assets ValueIncluded in Asking Price
$75K
Seller Financing
Not available

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