Print
Entrepreneurs

Restaurant Owners Cook Up Big Plans

By Jessica Maurer, posted May 7, 2021
MEMA’S CHICK’N’ & RIBS | MINORITY-OWNED BUSINESS MYRA MCDUFFIE, CO-OWNER| YEAR FOUNDED: 2017 | EMPLOYEES: 5. (Photo by Erin Costa)
It’s been said that the road to success is always under construction, and the saying rings true for the McDuffie family.
 
James and Myra McDuffie opened MeMa’s Chick’n’ & Ribs in Burgaw in 2017, serving up classic Southern cuisine and smoked meats prepared from family recipes passed down from James’ mother, Mary, also known as MeMa.
 
The restaurant and catering service quickly gained a loyal following locally, and thanks to billboards on Interstate-40, has become a stopping point for many travelers from out of town. There is a world map on the wall at MeMa’s where people from every state and continent have pinned where they are from.
 
Myra and James often share with visitors historic maps of Burgaw and Moores Creek National Battlefield to encourage them to stay a while.
 
Just two years after opening, the McDuffies purchased land along N.C. 53 in Pender County, with the intent of creating a multi-million-dollar shopping center that would house MeMa’s new location as well as additional retail outlets. Plans for the new location include three event spaces, an outdoor dining area, a commissary kitchen and manufacturing facility for the company’s signature barbecue sauce and a retail store featuring MeMa’s and other locally made products.
 
But following the onset of the COVID-19 pandemic, the bank that had approved the McDuffies’ loan withdrew $800,000 in funding, dealing a devastating blow to the couple on top of the revenue losses they had already experienced as a result of the pandemic.
 
The McDuffies launched a Go- FundMe campaign last summer to raise money for their efforts, and despite bringing in nearly $200,000 by November, they were still far short of where they needed to be to move forward.
 
Thanks to a referral from the Small Business and Technology Development Center at UNCW, the McDuffies reached out to Genesis Block, a Wilmington-based nonprofit that provides business development services for minority-owned businesses (see page 11). Now through a partnership with Genesis Block, Folla Capital and Hipp Architecture & Development, they are back on track to meet their goals through a new crowdfunding campaign.
 
While the details of the investment plan are still being finalized, Myra McDuffie said she expects those details to be released to the public within the next 30 days. Anyone interested in supporting the project will be able to contribute with a set return on their investment.
 
“Essentially the community will be buying shares of the business,” Myra McDuffie said. “We want the community to help us build this for the community so that we can all stand back and see what we’ve brought to Burgaw.”
 
Once the funding campaign goes live, there will be a 45-day window for investments.
 
“Our current lease has been extended through May 2022, so we need to be in our new building by then,” Myra McDuffie said. “The new building is going to take nine months to build so time really is of the essence.”

Click here to meet all of this year's winners

Ico insights

INSIGHTS

SPONSORS' CONTENT
Chris 16239425

‘Creative,’ An Adjective To Describe Your Accountant?!

Chris Capone - Capone & Associates
Dave sweyer 300 x 300

Insights into the 2023 Leasing Market in Wilmington, NC: What You Need to Know

Dave Sweyer - Sweyer Property Management
Jasonpathfinder3

What You Need to Know About SECURE 2.0 and Its Effect on Retirement Plans

Jason Wheeler - Pathfinder Wealth Consulting

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season