Mama Mia! Best Italian Restaurant in Southern Brunswick NC

North Carolina
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Asking Price:$759,000
Rent:$7,000/Month
Gross Revenue:$1,469,000
FF&E:$160,000
BUSINESS DESCRIPTION

Turn Key Ready for New Owners

This long-time Italian restaurant is a testament to traditional Italian cuisine. This establishment transports guests to the sun-drenched streets of Italy with its charming ambiance and mouth-watering cuisine.

The interior is a celebration of rustic elegance, with linen-clad tables and the soothing strains of Italian music filling the air. The atmosphere is bright and airy, with tall windows letting in plenty of natural light. The decor is simple but elegant, with wooden tables and chairs and cream-colored walls.

The dishes are crafted with the finest ingredients and a passion for authentic Italian flavors. There are many pizzas to choose from, with classic and unique combinations of toppings. The restaurant is known for its fresh pasta. Each pasta dish is tossed with the owners’ family sauce recipes. No matter your dietary needs or restrictions, this establishment has something for everyone to enjoy. This long-time Italian restaurant has offered an unforgettable culinary journey that keeps its loyal customers coming back time after time.

There are many employees currently working in the establishment, creating an ideal opportunity for someone interested in stepping into a GM role. Whether you are sharing antipasti with friends, enjoying a romantic dinner for two, or savoring a decadent tiramisu for dessert, this establishment is a great place to enjoy a meal with your friends and family.

The owners are selling to retire, which is a great opportunity for a motivated buyer to enter a business that is already up and running. They have stated that they will stay on to train the new owners during a transitional period. There is a lease in place for the property, so all you will need to do as a buyer is assume it. The restaurant is already generating strong revenue, but there is still room for growth.

A buyer interested must be financially able to fund the purchase. If financing is required, the buyer should be ready to address pre-qualification and show proof of funds within their personal financial statement. In addition, the buyer must have the operating capital to assume the lease.


DETAILED INFORMATION
Location
North Carolina
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
31/12/2027
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located on a local throughway with large traffic count and good visibility. Great parking and easy takeout/pickup when not dining in.
Competition
The location is in a growing and developing area.
Support & Training
Owners will train and support the transition for up to 30 days. Owners not leaving the area and can be available for questions.
Reason for Selling
Retirement
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Joan
Loch
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Joan Loch