Print
Restaurants

MoJo’s On The Harbor Under New Ownership

By Jessica Maurer, posted Oct 9, 2019
MoJo's on the Harbor, a waterfront restaurant on Bald Head Island, is under new ownership. (Photo courtesy of MoJo's on the Harbor)

DePersia & Associates of Durham has announced the sale of Bald Head Island’s waterfront dining mecca, MoJo’s on the Harbor.

Neal DePersia, broker with DePersia & Associates, represented both the sellers, John and Andrea Pitera, and the buyers, David and Julie Showalter, in the transaction, which was finalized Tuesday.

DePersia, whose real estate company specializes in brokering sales for restaurants, bars and food service-related businesses, said the sale included both the business and its physical contents, as well as the property at 10 Marina Wynd.

“MoJo’s is really a diamond in the rough,” DePersia said. “The Piteras have done a great job in building it up over the years and are handing it off in very good shape.”

DePersia, in conjunction with Cape Fear Commercial Realty, also helped to broker another high-profile sale in the Wilmington area earlier this year, the sale of three of Ash Aziz’s restaurants, Boca Bay, Brasserie du Soleil and Osteria Cicchetti, to Urban Food Group of Raleigh. 

DePersia said the Piteras have decided to retire and hand over their successful restaurant so they can travel the world and spend quality time with their family on the East Coast.

As anyone who has visited MoJo’s knows, it’s home to Brooke’s Wall, a collection of decorated dollar bills that cover the walls of the bar and restaurant. The collection began with the donation of a dollar from Brooke Williams, a man who would become a patron and friend of the Piteras.

Over time, the collection of bills has come to honor celebrations and milestones, as well as the memory of lost loved ones, including Brooke himself. 

On Monday evening, the Piteras took down all the bills, which they often referred to as works of art. 

The Piteras announced via Facebook on Tuesday that the bills in the collection equaled $19,461, all of which will be donated to Duke University’s pancreatic cancer research program.

According to DePersia, the Showalters plan to take the next several months to further analyze the business before rebranding the restaurant prior to the kickoff of the spring 2020 season. 

For now, the restaurant will remain open under its current name and with current staff and management.

Have a tip for Restaurant Roundup? Email [email protected].

Ico insights

INSIGHTS

SPONSORS' CONTENT
Chris coudriet

A Public Service Profile on Community Connections

Chris Coudriet - New Hanover County Government
Billcoleman lopw headshot

Reaping The Benefits Of Patience

Bill Coleman - Live Oak Private Wealth
Dane

A Simple Approach To Difficult Conversations

Dane Scalise - GriffinEstep Benefit Group

Trending News

Untappd Taps Out Of Downtown Wilmington Office Building

Cece Nunn - Jan 30, 2023

ILM To Chart Future Path In Forthcoming Report

Miriah Hamrick - Jan 30, 2023

In The Current Issue

Chill Couple Grows Ice Cream Stores

Boombalatti’s Homemade Ice Cream became a local favorite when it first opened in The Forum on Military Cutoff Road in 1999. When Wes and Kri...


New App Hooks Seafood Connections

Landon Hill is the founder and owner of the mobile app that seeks to promote local fishers and make it easier for buyers to find fresh seafo...


Facility Owner Puts His Chips On The Table

With more than 15 years of experience in the wood chip industry, Taner Basaga has maintained key relationships with loggers in the region. “...

Book On Business

The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2022 Power Breakfast: Wilmington's Most Intriguing People - Spence Broadhurst & Hannah Gage
2022 Power Breakfast: Wilmington's Most Intriguing People - George Taylor
2022 Power Breakfast: Wilmington's Most Intriguing People - Mike Ford
2022 Power Breakfast: Wilmington's Most Intriguing People - Meaghan Dennison
2022 Power Breakfast: Wilmington's Most Intriguing People - Rhonda Bellamy