Contact Broker
103 South Front Street,
Wilmington, North Carolina 28401
(View Map)
Affiliated Broker
Terry Espy
About the Company
Terry Espy’s career in real estate development and brokerage, as well as business brokerage, spans more than thirty years and now involved in some of the most innovative, progressive projects in North Carolina. She coordinated the development of the commercial component of South Front District in Downtown Wilmington, NC in the revitalization of that area. As part of the effort, she secured famed eastern North Carolina chef, Vivian Howard, as a restaurant tenant in South Front. Having brokered over 50 restaurants in the Wilmington area over the last 5 years, she has made her mark regarding her efforts to help Wilmington become a “food destination”. During the COVID restrictions in 2020 she spearheaded the “Downtown Alive” initiative which enabled 32 Downtown restaurants to expand outdoors through the sidewalk, into the parking spaces, allowing pedestrians to ability walk along the closed streets safely. Throughout Downtown Wilmington, she has coordinated the sale and/or lease of numerous historic properties for upper-level tech and business service companies, strengthening the zoning mix to support retail and restaurants.
Broker Biography
Introduction
I look forward to working with you, MoMentum Companies via the contact
information listed. Andy Scheid: andrewtscheid@gmail.com -
Always, I am available to be your liaison with the Seller and an on-site visit can be scheduled. Our MoMentum
process is designed to minimize wasted time for all parties involved.
Services Provided
MoMentum Companies has evolved from having roots in
project management to a fully integrated real estate,
business brokerage and development firm. Serving its clients
for over three decades, MoMentum Companies is recognized
in the industry and community for utilizing an entrepreneurial
approach to brokerage and project management. We work
closely with our clients to help them realize their goal of selling
or procuring their property and/or business while facilitating
all aspects of the transaction.
Areas Served
Licensed In
- North Carolina — License number 351995
Business For Sale Listings
Cash Flow: $265,000
Wilmington, NC
View Details Thriving Turn-Key Italian Restaurant & Pizzeria – Prime Wilmington, NC
Now is your chance to own a well-established, highly regarded Italian restaurant and pizzeria in one of Wilmington’s fastest-growing areas—right in the heart of southern New Hanover County. Strategically located in a high-traffic shopping center with excellent visibility and steady foot traffic, this business is positioned for immediate success and long-term growth.Step into a fully equipped, nearly new commercial kitchen with top-of-the-line FF&E—ready for you to take over without missing a beat. The restaurant is known for its loyal customer base, strong online reviews, and outstanding food and service.This is more than just a dine-in experience—multiple revenue streams are already in place, including an established delivery operation and a booming catering business.Wilmington is booming, and this restaurant is perfectly poised to ride that wave of growth. Whether you're an experienced restaurateur or an ambitious Less
Cash Flow: $192,371
Wilmington, NC
View Details Established Italian Restaurant & Pizzeria in Prime Wilmington Location
This successful Italian restaurant with a full chef’s kitchen and pizza ovens is located in the heart of Wilmington’s busy Market Street/College Road corridor. Recently reduced the owner is motivated and ready to sell to a qualified buyer.A local favorite known for its quality food and service, the restaurant enjoys a loyal following, strong reviews, and consistent foot traffic. Growth potential includes expanding outdoor seating, bar service, and full-week operations.Thriving full chef's kitchen Italian restaurant with pizza ovens, centrally located in the bustling Market Street/College Road corridor in Wilmington, NC, is a gem with tremendous growth potential. The restaurant boasts a loyal following thanks to its exceptional food, welcoming atmosphere, and excellent service. Its prime location in a busy shopping area ensures consistent foot traffic and offers exciting opportunities for expansion, particularly in outdoor Less
Monica has over 20 years of experience in commercial real estate and capital markets within Latin America and the U.S. She has expertise in investment sourcing & property disposition, capital raising & marketing, as well as real estate advisory for individual and institutional investors. Monica has a Master’s degree in Finance, holds NC Real Estate license and FINRA Series 7 & 63 licenses.
Kirk grew up in Emerald Isle, North Carolina, and moved to Wilmington in 2010 to attend the University of North Carolina Wilmington, where he developed a strong foundation in business and entrepreneurship. After successfully selling his own business through Momentum Companies, he was so impressed with the process that he decided to join Terry, Kennan, and the team. His firsthand experience as both a business owner and a client gives him a unique and empathetic perspective when assisting other entrepreneurs through the buying and selling process. In his free time, Kirk enjoys playing golf and spending quality time with his wife, Emma, and their three dogs. He is passionate about helping clients navigate the often complex business sale process with integrity, professionalism, and dedication.
I've been in the business world in marketing/sales/real estate for 30 years+. I started my career in New York in advertising with A&E Networks and CBS Radio. I've been in the Wilmington area for 22 years working in real estate for 11 years. Integrity and honesty are my highest values, I have many long time clients because I educate and advise people about the market. I'm not trying to "sell" I want to see the best results for my clients. I am enjoying working with MoMentum because Terry Espy has similar values and is the best in the area for Business Brokerage!
I look forward to working with you, MoMentum Companies via the contact information listed. Andy Scheid: andrewtscheid@gmail.com - Always, I am available to be your liaison with the Seller and an on-site visit can be scheduled. Our MoMentum process is designed to minimize wasted time for all parties involved.
