Press Release: Sale of Evaroni’s Pizza to Moore Dough, Inc.
On December 16th, 2019, Adena Business Advisors, LLC, successfully completed the sale of substantially all of the assets of Evaroni’s Pizza to Moore Dough, Inc.
Opened in 1967, Evaroni’s Pizza Restaurant has been serving pizza, pasta, salad, and beverages to the residents of Ceredo/Kenova/Huntington, West Virginia for over 5 decades. A community staple, the restaurant is located right in the heart of downtown Kenova, WV on the high-traffic Highway 60, the main road thru town, and offers both dine-in and take out options. With regular operating hours of 4:00 PM to 10:00 PM Tuesday thru Sunday, the business has been extremely profitable for years even considering its limited operating hours and single location. The founders, William and Ethel Evans, passed away in 2016 and 2018, respectively and the business was devised to their children, William Evans, Jr, of New Hampshire and Karen Collier of West Virginia.
The new ownership group consists of Larry, Bridget, and David Moore. David Moore will be working as the General Manager and head of Day to Day Operations while Bridget Moore will handle duties at the Drive Thru as Take-Out Manager. Larry Moore will act as Business Manager/Evening Host while maintaining his current daytime job outside of restaurant.
The Evans family was represented by their long-time CPA, Clifton “Skip” Looney of Charlotte, NC (formerly of Ceredo, WV) and attorney M. Edward Cunningham, II of Dinsmore & Shohl LLP, Huntington, WV.