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
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.
Services Provided
Business Brokerage in Wilmington, NC
Areas Served
Business For Sale Listings
Cash Flow: $90,770
Wilmington, NC
View Details Good Lie Mini Golf Bar – Prime Downtown Wilmington Opportunity
This is a rare opportunity to acquire a unique bar in the heart of one of North Carolina’s most desirable coastal markets. Good Lie Mini Golf Bar combines entertainment and upscale bar service in a highly engaging format that continues to gain traction with both locals and visitors.Located on Castle Street, one of Wilmington’s fastest-growing corridors, the business benefits from increasing foot traffic, revitalization projects, and strong neighborhood momentum. The surrounding area has quickly become a destination for dining, nightlife, and boutique retail, positioning this business at the center of a vibrant and expanding entertainment district.The business has demonstrated strong year-over-year growth from its first year of operation into its second, reflecting increasing brand awareness, repeat customer activity, and improved operational efficiencies. Revenue performance and customer demand continue to trend positively, Less
Cash Flow: $108,000
Wilmington, NC
View Details Sugar Buzzed - Wilmington's First Grown-Up Candy Store
Located in the vibrant South Front District of Wilmington, NC, Sugar Buzzed is a turnkey adult candy store concept known for its creative offerings, bold branding, and high-traffic location. Positioned in one of Wilmington’s fastest-growing and most desirable mixed-use districts, Sugar Buzzed benefits from strong year-round foot traffic, a loyal local following, and constant exposure to nearby residential communities, restaurants, breweries, and event spaces.Location Highlights:-Situated in the sought-after South Front District, one of Wilmington’s most dynamic urban neighborhoods-Surrounded by high-traffic restaurants, breweries, boutiques, and residential developments-Excellent visibility, walkability, and accessibility-Well-maintained space with modern finishes and an inviting atmosphereComprehensive financial documentation and operational details available to qualified purchasers following execution of confidentiality Less
Cash Flow: $67,900
Wilmington, NC
View Details Thriving and Beloved Downtown Wilmington Restaurant For Sale
Located in the heart of one of the Downtown Wilmington’s most vibrant historic downtown districts, this established, full-service restaurant is known for its inviting atmosphere, high-quality cuisine, and long-standing reputation within the community. A staple in the market for many years, the restaurant attracts a loyal local following as well as steady tourist traffic, creating a reliable and diverse customer base.This operation delivers consistently strong financial performance, generating approximately $1.6 million in annual revenue, with clear opportunities to further increase sales through expanded catering, private events, and extended operating hours.The restaurant offers a turn-key, fully built-out commercial kitchen, well-maintained equipment package, experienced staff, and excellent visibility in one of the area’s most desirable dining corridors. The location benefits from strong foot traffic, walkability, and Less
Southport, NC
View Details Haven of Southport-Turnkey Business with Real Estate in Southport, NC
Haven of Southport represents an exceptional acquisition opportunity featuring an established café/gelato operation combined with prime commercial real estate in Southport, North Carolina's historic waterfront district. This turnkey enterprise operates within the competitive restaurant and food service sector, serving both the local residential market and the seasonal tourism economy.The business maintains an established customer base through consistent food service operations, regular entertainment programming, and strategic positioning within Southport's high-traffic commercial corridor. The property has undergone comprehensive renovation, delivering modern operational infrastructure while preserving the character appropriate to the historic coastal setting.Operational Highlights:• Established restaurant operation with documented revenue history• Prime commercial location with high pedestrian traffic and visibility• Fully Less
Cash Flow: $50,000
Wilmington, NC
View Details Popular Dessert Franchise With Flexible Licensing Agreement
ESTABLISHED DESSERT BUSINESS - WILMINGTON HIGH-TRAFFIC LOCATIONThis profitable dessert establishment operates in Wilmington's premier commercial corridor within New Hanover County, benefiting from exceptional visibility and consistent foot traffic patterns. The business has maintained continuous operations for over one year with established revenue streams and documented financial performance.OPERATIONAL STRUCTURE:- Licensed business model with flexible operational terms- Proven systems and brand recognition framework- Established customer base spanning families, students, and tourists- Diverse menu portfolio designed for broad market appealLOCATION ADVANTAGES:- High-visibility storefront in Wilmington's busiest commercial corridor- Strategic positioning captures both local resident and tourist traffic- Prime real estate location with established foot traffic patterns- Accessible location supporting customer retention and 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.
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!
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 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.
