NY Pizza Restaurant with Real Estate on Magazine St in New Orleans

Asking PriceNot Disclosed

Cash Flow

EBITDANot Disclosed

Gross Revenue$628,052

Inventory$5,000
Included in asking price
FF&ENot Disclosed

Real Estate$1,400,000
Included in asking price
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NY Pizza Restaurant with Real Estate on Magazine St in New Orleans


Asking PriceNot Disclosed

Cash Flow

EBITDANot Disclosed

Gross Revenue$628,052

Inventory$5,000
Included in asking price
FF&ENot Disclosed

Real Estate$1,400,000
Included in asking price

Seller Financing Available
Business Description
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.
About the Business
Years in Operation
46
Employees
15 (4 Full-time, 11 Part-time)
Facilities & Assets
Turnkey two-story restaurant/bar with rear parking, commercial kitchen, and upstairs apartment.

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

Owner-occupied; upstairs apartment leased for $1,450/month. No lease on restaurant space.
Website
https://www.newyorkpizzanola.com/
Market Outlook / Competition
Located in a high-traffic Uptown New Orleans area near universities and residential neighborhoods.
Opportunities for Growth
Significant upside with full-time owner involvement, marketing, and potential for franchising.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,275
About the Sale
Seller Motivation
Retirement
Transition Support
Owner is open to providing short-term transition support post-sale.
Financing Options
Qualifies for bank financing; buyers may enter with as little as 10% down.
Listing Info
ID
2473516
Listing Views
53
Business Location

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Business Listed by: Joel Duran Duran Advisors

Listing ID: 2473516 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.