Printer



New

NY Pizza Restaurant with Real Estate For Sale on Magazine Street in New Orleans


Duran Advisors presents this iconic pizzeria and bar for sale with real estate in Uptown New Orleans, Louisiana. This business operates from a high-visibility corner on Magazine Street and Napoleon Avenue and includes both a full-service restaurant and bar under the same ownership.

This family-owned institution has been in continuous operation for over 45 years and is the oldest pizza parlor in Orleans Parish. Known for its authentic New York–style pizza and Italian fare, the business has earned a loyal customer base spanning generations. It benefits from an established reputation, strong repeat clientele, and consistent revenue performance. With no freezers or fryers on-site, all products are fresh, and the restaurant is uniquely positioned on the Uptown Mardi Gras parade route—generating additional seasonal revenue that typically offsets insurance and property tax costs.

This is an ideal acquisition for an experienced operator or restaurant group seeking a well-established brand in a premier New Orleans location. The space is also well-suited for a buyer looking to expand with a multi-unit concept, develop a franchise, or increase revenue through greater owner involvement, marketing, or delivery platforms. The location’s scale and configuration support future expansion and strategic growth initiatives.

The current owners, a father and his twin sons, operate the business but are not present during all hours. The primary owner is retiring and exploring new opportunities, creating an opening for a new buyer to step in and take full advantage of the location’s visibility and reputation. The business is fully staffed, with one employee having over 20 years of tenure who is willing to stay on post-sale.

Real estate is for sale for $1.4 million and has been captured with a Matterport Virtual Reality 3-D scan. The VR scan is available to fully disclosed buyers for review. The building consists of approximately 4,275 square feet of mixed-use space, including approximately 3,533 square feet of restaurant space and a 742-square-foot upstairs apartment. The business, including all FF&E and inventory, is for sale for a reasonable offer.

This opportunity qualifies for bank financing, and the right buyer could enter with as little as 10% down, potentially recouping their investment quickly. 26-page CIM available for fully disclosed buyers. 3-D scan available.

Sellers Discretionary Earnings 2025: $147,847

This is a structured sale with the following schedule:
2/20 Question Submission Deadline
2/27 IOI Submission Deadline

Come explore this rare opportunity to own a piece of New Orleans history and operate a thriving restaurant in one of the city’s most desirable commercial corridors. Agent Joel Duran, CM&AA, CM&AP, CEPA, CAIM, CMSBB, is licensed through Duran Advisors, sponsoring broker is John Sanderford. Please contact Joel directly for more information at (504) 321-0196.



Listed By: Joel Duran, CM&AA, M&AMI, CM&AP, CEPA, CAIM, CMSBB

Background information

Reference:

NOLA-0116

Year established:

1980

Reason selling:

Retirement

Finance

Sales:

$628,052

Profits:

$147,847

Profit type:

Discretionary Earnings

Operations

Employees:

4 full-time and 11 part-time

FF&E:

All equipment, POS, and payroll software included and in good condition.

Inventory:

~$5,000

Furniture fixtures and equipment:

Includes walk-in coolers, ovens, bar/kitchen equipment, 6 HVACs, tables, and more.

Premises

Facility:

Turnkey two-story restaurant/bar with rear parking, commercial kitchen, and upstairs apartment.

Square footage:

4,275 SF total — 3,533 SF restaurant downstairs and 742 SF apartment upstairs.

Rent and lease terms:

Owner-occupied; upstairs apartment leased for $1,450/month. No lease on restaurant space.

Location:

Corner of Magazine St. and Napoleon Ave. in Uptown New Orleans, high-traffic area.

Opportunities

Growth:

Significant upside with full-time owner involvement, marketing, and potential for franchising.

Market:

Located in a high-traffic Uptown New Orleans area near universities and residential neighborhoods.

Price and terms

Financing:

Qualifies for bank financing; buyers may enter with as little as 10% down. Owner will finance the entire amount with 30% down.

Training:

Owner is open to providing short-term transition support post-sale.