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Chris Thorpe

Midtown Mergers & Acquisitions

License Number: 310600

Phone: Show Phone Number

midtownmergers.com


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Raleigh, North Carolina

About the Company

SELLING, BUYING, OR GROWING A BUSINESS?
Turn What-Ifs Into Confident Business Decisions
TAKE THE NEXT STEP IN YOUR BUSINESS JOURNEY WITH CLARITY, CONFIDENCE, AND CONTROL.

Big Decisions Start With Clear Answers
Whether you’re selling your business, buying one, or looking to grow, the process can feel overwhelming. You know where you want to go, but figuring out the right steps isn’t always easy.

It’s normal to have questions like:

Is selling really the right move?
Am I focusing on the right priorities to grow?
What if I wait too long and miss my best opportunity?
The truth is, you don’t need every answer upfront—you just need clarity on where you stand, what’s possible, and the next steps that will get you there.

Whether you’re transitioning out, taking on a new opportunity, or setting up for long-term success, our business brokers make sure you have the guidance, market insights, and step-by-step plan you need to move forward confidently—minimizing risk and uncertainty.

Broker Biography

Introduction

With over two decades of experience in business management, I've transitioned my expertise to found Midtown Mergers & Acquisitions, a boutique M&A advisory firm dedicated to empowering entrepreneurs across North Carolina.

At Midtown, we specialize in:
-Strategic business sales and acquisitions
-Growth consulting and exit planning
-Transition support for seamless ownership changes

My background in commercial real estate and business ownership has uniquely positioned me to understand the complexities of the local business landscape. This experience allows me to offer invaluable insights into property valuation, market trends, and negotiation strategies, which are crucial in M&A transactions.

Key strengths:
-Deep understanding of North Carolina's entrepreneurial ecosystem
-Extensive network of industry connections
-Proven track record in commercial transactions and business operations

Whether you're a business owner looking to sell, an entrepreneur seeking acquisition opportunities, or a company planning for future transitions, I'm committed to guiding you through the process with integrity, transparency, and personalized service.

Let's connect to discuss how Midtown Mergers & Acquisitions can help you maximize your business potential and secure successful outcomes in the dynamic Raleigh-Durham market and beyond.

Services Provided

We Help Busy People Find Success That Frees Them
As business brokers, we support business owners and aspiring entrepreneurs by focusing on the full picture, helping you explore options without pushing you in one direction, and cutting down the time it takes to achieve your goals.

BUSINESS VALUATIONS AND IMPROVEMENTS
Understand what your business is worth today and how to increase its value with strategic improvements.

SUCCESSION AND EXIT PLANNING
Plan smooth leadership or ownership transitions, ensuring your business continues to grow with the right people in place.

BUSINESS SALES
When you're ready to sell your business, we handle everything from identifying qualified buyers to negotiating deals, simplifying the sales process and helping to minimize stress along the way.

BUSINESS GROWTH
We help you strengthen your operations, improve profitability, and create long-term growth plans to sustain growth and improve value.

BUY A BUSINESS
We help you in finding, evaluating, and buy a business that align with your goals and expertise, while also reducing undesired risks.

SOLVE SPECIFIC BUSINESS CHALLENGES
We help you address inefficiencies, financial roadblocks, operational hurdles, and broken systems holding your business back.

Areas Served

  • Durham County, NC
  • Franklin County, NC
  • Harnett County, NC
  • Johnston County, NC
  • Wake County, NC
  • Licensed In

    • North Carolina — License number 310600

    Professional Affiliations

    IBBA
    CVBBA

    Business For Sale Listings

    $1,995,000
    Cash Flow: $554,025 
    North Carolina 
    NC Fire Protection Acquisition Opportunity | $2M+ Revenue 1,000+ Recurring Customer Locations with Growth Potential

    Acquire a highly established, North Carolina-based commercial fire protection and life safety services company serving businesses throughout North Carolina, South Carolina, and Virginia. Built over nearly a decade, the company has developed a diversified portfolio of more than 1,000 active customer locations and has become a trusted compliance partner for restaurants, healthcare facilities, schools, hotels, property management groups, manufacturing facilities, retail centers, and other commercial businesses. The business generates more than 90% of its revenue from recurring, code-required inspection, testing, maintenance, and compliance services, creating highly predictable cash flow that is largely insulated from economic cycles.The company provides a comprehensive suite of commercial fire protection and life safety services, including fire extinguisher inspections and maintenance, commercial kitchen fire suppression systems, 

    $495,000
    Cash Flow: $280,000 
    Durham Co., NC 
    Established Fast-Casual Burger Franchise in High-Growth Triangle Area High Traffic Area with Growth Potential!

    Take advantage of the opportunity to acquire a well-known national fast-casual burger franchise located in one of the Triangle's most rapidly growing commercial corridors. This turnkey operation benefits from strong brand recognition, an established customer base, proven operating systems, and a menu centered around made-to-order burgers, sandwiches, fries, and hand-dipped milkshakes. The location has been serving the local market since 2014 and is positioned within a high-traffic retail corridor surrounded by residential growth, office developments, hotels, and major transportation routes.The business offers a streamlined operating model with franchise support, established vendor 

    $295,000
    Cash Flow: $70,000 
    Wake Co., NC 
    View Details 
    MMA00352 - Award-Winning Craft Beer & Wine Bar

    This is a rare opportunity to acquire a highly regarded craft beer, wine, and specialty beverage establishment located in a thriving and affluent Wake County, NC market. Since opening, the business has built a loyal customer following by combining a curated beverage selection with a welcoming neighborhood atmosphere that encourages repeat visitation and strong community engagement. The business has earned local recognition for its beer and wine offerings while establishing itself as a destination for social gatherings, tastings, live events, and community activities. The operation generates revenue through multiple channels, including on-premise beverage sales, retail beer and wine purchases, tastings, special events, wine club memberships, and private gatherings. The business benefits from a strong local reputation, repeat clientele, established vendor relationships, and a strategic location within a growing residential trade 

    $245,000
    Durham Co., NC 
    View Details 
    Established Durham Mexican Restaurant | Strong Sales & Turnkey

    An exceptional opportunity to acquire a well-established fixture in the Durham County dining scene. With more than three decades of successful operation, this authentic Mexican restaurant has built a strong reputation for quality cuisine, outstanding customer service, and a loyal customer base that continues to support the business year after year.The restaurant operates from a beautifully maintained and recently updated facility that blends authentic character with modern functionality. Guests enjoy a warm, inviting atmosphere highlighted by multiple uniquely themed dining rooms, thoughtfully designed to provide an immersive cultural dining experience. A spacious outdoor patio further enhances the guest experience, providing an inviting space for casual dining, gatherings, and outdoor seating.The business benefits from experienced staff, established operating procedures, and a loyal mix of repeat customers and new patrons. 

    $350,000
    Wake Co., NC  Agent: Mike DePersia
    View Details 
    Indian Grocery Store

    Fully stocked Indian grocer is for sale in a great Cary location with parking. The store has a full inventory (which can be purchased separately) and has tons of cold storage along with massive freezer capacity. Over 8 aisles of fresh produce coupled with your favorite staples often found in an Indian grocery store. This opportunity is all about LOCATION, you couldn't ask to be in a better spot than right here. Call today to make this the new home for your entrepreneurial spirit. 

    $200,000
    Wake Co., NC  Agent: Mike DePersia
    View Details 
    Indian Restaurant in West Cary

    Fully equipped Indian Cafe is for sale in West Cary. Annual sales are north of $500K and there is so much untapped potential with take out and catering virtually untouched. This spot is in need of an owner operator who can take it to the next level. NDA will be required before any information is given. 

    $350,000
    North Carolina  Agent: Jon Tennant
    View Details 
    Established Greensboro Pizzeria & Italian Restaurant | Turnkey

    An outstanding opportunity to acquire a well-established pizzeria and Italian restaurant located in one of Greensboro's high-traffic commercial and residential corridors. With a strong reputation for quality food, exceptional customer service, and a loyal customer following, this business has become a favorite destination for both dine-in and takeout customers throughout the community.The approximately 1,300-square-foot restaurant offers comfortable seating for approximately 35 guests and operates from an efficient, well-maintained facility designed to maximize productivity. The business benefits from favorable long-term lease terms, providing stability and an attractive occupancy cost for a new owner.This true turnkey opportunity includes all furniture, fixtures, equipment, proprietary recipes, established operating procedures, and a trained staff already in place. The restaurant also features a well-developed online ordering 

    $595,000
    Cash Flow: $190,000 
    North Carolina 
    View Details 
    Coastal Property Management Company

    This is a rare opportunity to acquire a highly respected boutique vacation rental management company operating in one of the most unique and sought-after coastal destinations on the East Coast. Serving a niche market with limited competition and high barriers to entry, the company has built a strong reputation for personalized service, local expertise, and exceptional owner and guest relationships. Unlike many large corporate vacation rental operators, this business has intentionally maintained a boutique, service-focused approach, creating strong owner retention, repeat guest bookings, and a highly recognizable brand within its market. The company manages a curated portfolio of vacation homes located in a destination known for its natural beauty, secluded beaches, and unique tourism appeal. The business benefits from multiple recurring revenue streams through vacation rental management services, reservation commissions, guest 

    $185,000
    Cash Flow: $90,000 
    Durham, NC  Agent: Matt Morris
    View Details 
    Established Boutique Salon | Absentee Owned

    This is a unique opportunity to acquire a well-established, semi-absentee owned salon and beauty business located in a high-growth and highly desirable market in Durham NC. The business has developed a strong reputation for delivering premium beauty and self-care services while operating with an experienced team and established management already in place handling the day-to-day operations. The salon offers a diverse mix of high-margin services including precision haircuts, advanced color treatments, balayage, smoothing services, hair extensions, specialty beauty services, and customized hair replacement solutions. The business benefits from a loyal and recurring client base, strong online presence, and consistent referral-driven growth. The current ownership is absentee and does not actively work within the business or participate in daily operations, making this an attractive opportunity for both passive investors and 

    $395,000
    Durham, NC  Agent: Mike DePersia
    View Details 
    Stunning Restaurant & Bar Downtown Durham

    Midtown M&A has a fully built out restaurant & bar for sale in the heart of downtown Durham, close to Duke University. Upon arrival you are welcomed by a lively, full service bar with an exciting drink menu. As you transition into the well appointed dining room you will find cozy booth seating for 75 people - But don't stop there, keep going to the outdoor patio to dine al fresco or enjoy lawn games. There is a private room (seats 50+) waiting to host your next meeting or party. The kitchen is a chef's dream, it comes fully equipped and ready to go for any concept - capable of handling multi million $ volume! Call today for confidential details. 

    $145,000
    Apex, NC  Agent: Mike DePersia
    View Details 
    Apex Bar - The Peak of Good Living

    This bar is in one of the most sought after locations in all of Wake County. The business comes fully equipped and has multiple options to renew the lease. There is seating for 65 inside and room for 30 more customers outside on the patio. Exciting construction projects are happening all around this business, positioning it for long term success. Although there is already a solid customer base, the sky is the limit when it comes to future growth. Call now for confidential details. 

    $445,000
    Charlotte, NC  Agent: Mike DePersia
    View Details 
    Top F&B Location in NC

    Recently remodeled, this is one of the most beautiful restaurants we have ever had for sale - and in one of the best locations in the state of NC. The kitchen is a chefs dream and equipped to handle any concept (clearly capable of handling high volume as well). The dining room and full bar are both first class, the outdoor patio and ample parking are added bonuses. Come join some of the highest grossing restaurants in the state! Call today for more confidential details. 

    $850,000
    Cash Flow: $315,890 
    Wilmington, NC 
    View Details 
    Tarantelli’s Italian Rest. – $2.9M Revenue Downtown Icon

    Transform your entrepreneurial vision into reality with Tarantelli’s Ristorante Italiano, an award-winning Italian restaurant that delivers immediate profitability and exceptional growth potential in Wilmington's thriving historic downtown district. Established in 2016 and consistently voted “Best Italian Restaurant in Wilmington,” this Southern Living–featured dining destination has become one of the city’s most recognized restaurants, attracting both loyal local patrons and the steady flow of visitors exploring Wilmington’s vibrant Riverwalk and historic downtown.You'll acquire a turnkey operation generating approximately $2.9M in annual revenue with proven SDE of $315,891, eliminating startup risks while providing immediate cash flow from day one. This well-established brand has built exceptional customer loyalty over nearly a decade, ensuring your 

    $195,000
    Raleigh, NC  Agent: Mike DePersia
    View Details 
    Newly Remodeled 5 Points Restaurant/Bar

    One of the most beautiful restaurant build outs we have seen in a long time, no expose was spared. Well over $1Mil in uplift expense and FF&E can be yours for a fraction of the cost, all less than 2 years old. Keep the concept the same or make it your own. Professional kitchen, full bar, stage for live music, huge outdoor patio/beer garden with its own bar, what else could you ask for? Parking? You got it! 

    $215,000
    Cary, NC  Agent: Camryn Foster
    View Details 
    Cary Fit Project – Gym in Prime Cary Location

    Overview:Opportunity to acquire an established boutique fitness and wellness studio located in a strong, growing suburban market. The business delivers a customized, results-driven fitness experience through a mix of personal training, small-group instruction, wellness programming, and virtual offerings. A loyal and diverse client base has been built through consistent service quality, professional coaching, and a welcoming, community-oriented environment.The studio is well positioned within its local market and benefits from repeat clientele, referral-driven growth, and a reputation for individualized attention and accountability.Business Highlights:-Turnkey Operations:Well-organized fitness operation with defined systems, processes, and recurring revenue from memberships and training packages.-Comprehensive Service Mix:Revenue is generated through one-on-one personal training, group and small-group classes, wellness and 

    $159,000
    Morrisville, NC  Agent: Matt Morris
    View Details 
    Morrisville Bubble Tea & Açaí Café

    This specialty beverage café offers a simple, welcoming, and highly manageable operation that is perfectly suited for an owner-operator. The business focuses on handcrafted teas, smoothies, and healthy refreshment options, all made with straightforward recipes that are easy to train and easy to maintain. Customers appreciate the quality, the customization, and the consistent experience, which has allowed the shop to develop a loyal and steady following.The café operates without the complexities of a traditional restaurant—no heavy cooking, no specialized kitchen staff, and minimal equipment—making day-to-day management smooth and predictable. An engaged owner can comfortably run the business with limited part-time help, keeping payroll low while maintaining full control over quality and service. The environment is clean, modern, and inviting, and much of the operational system is already in place, including online ordering and 

    $295,000
    Cash Flow: $100,000 
    Greensboro, NC 
    View Details 
    A Rare Opportunity to Acquire a 45-Year BMW Restoration & Performance

    Rare Opportunity to Own a 45-Year Automotive Restoration & Performance Business — Korman AutoworksKorman Autoworks is a highly respected and long-established BMW specialty shop located in Greensboro, North Carolina. For over 45 years, the company has earned an international reputation for excellence in BMW repair, restoration, and performance tuning.The business operates from a well-equipped facility offering full-service maintenance, mechanical restoration, and high-performance upgrades for both classic and modern BMWs. Korman is known worldwide for its precision-built engines, expert craftsmanship, and deep technical knowledge across the entire BMW model range—from vintage classics to modern M-series performance cars.In addition to its repair and restoration services, Korman Autoworks also operates a mail-order parts division serving customers across the 

    $199,999
    Oxford, NC  Agent: Mike DePersia
    View Details 
    Little Caesars Pizza Franchise

    One of the most popular pizza franchises in the world has a profitable location for sale in North Carolina. The store is fully equipped and currently operating. It is located on an endcap with great visibility from the road, a drive thru window and plenty of parking. Please call today for confidential detail 

    $195,000
    Durham, NC 
    View Details 
    One Bourbon, One Scotch, One Beer

    Always wanted to own a bar? Now is your chance to be your own boss and answer to NO ONE! Upscale cocktail bar in a vibrant Triangle location. Fully equipped and furnished, owners spared no expense when building out - this is a first class establishment. Great opportunity for an owner operator to cash in on the craft cocktail boom. Call today and request an NDA, listing is confidential! 

    $195,000
    Wilmington, NC 
    View Details 
    Cocktails on the Coast

    Beautifully built bar with no kitchen is for sale in a high traffic location at the coast. The craft cocktail scene has exploded in NC, now is your chance to own a slice of the pie in Wilmington. The bar is fully staffed and equipped with plenty of refrigeration and a walk in cooler, set up for high volume alcohol sales. Bring your own concept, current absentee ownership is simply too far away to maximize efficiency here. Inquire about buying the Real Estate as well, all info is confidential and requires a signed NDA. 

    $420,000
    Raleigh, NC 
    View Details 
    High Volume Mexican Restaurant

    Freestanding Mexican restaurant for sale in a very busy area of Raleigh. Close to hotels, shopping centers, office parks and schools, this restaurant is situated in a perfect location and has tons of parking. Rent is $23psf and it comes with a fully equipped kitchen and huge bar, the dining room can seat over 150. Set up to handle any concept, there is a long history of strong annual sales of $2Mil+. Call today for confidential details. 

    $245,000
    Elon, NC 
    View Details 
    Profitable Bar & Grill by Elon University

    Amazing, full service restaurant & bar for sale just off the campus of Elon University. The kitchen is fully equipped and capable of handling any concept, while the front of the house can accommodate up to 250+ customers. The bar is stocked and ready to host large groups for popular events such as karaoke, live music and trivia. Or perhaps you and the gang just want to come out and watch the big game - they have you covered there too. There is a long history of steady income for an owner operator and the business has loyal staff in place. As if that's not enough, how about an outdoor patio and plenty of parking with great visibility to boot. OK, one more - rent is $16.48psf. Call today to sign an NDA, this listing is confidential and will not last. 

    $225,000
    New Bern, NC 
    View Details 
    Beautiful Cafe in New Bern

    We have a fully equipped, health conscious cafe for sale in a busy area of New Bern. One of the cleanest restaurants in town, this one will not disappoint. There is a full kitchen with a walk in cooler, hood system and grease trap along with enough cooking equipment to handle any concept or volume. Sales are strong and rent is cheap, owner/operator would like to step away to spend more time with family. Call today for confidential details. 

    $195,000
    Raleigh, NC 
    View Details 
    Raleigh Food and Drink w/ Entertainment

    Beautiful full service restaurant and bar for sale located in one of the strongest demographics of Raleigh. The kitchen is fully equipped and can handle any concept while the well appointed bar has over 30 beers on tap and a full liquor selection. This is a very unique concept with almost no competition in the Raleigh area. There is an entertainment piece to the business that will draw in customers from all over the triangle (if the covered outdoor patio doesn't get your attention first). Surrounded by Class A office space and tons of residential, great walkability or park in the huge deck. Either way, come hungry and thirsty! This listing is HIGHLY confidential, all interested parties must sign an NDA. 

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