Back to businesses for sale
Accommodation & Food Services

NY Pizza Restaurant W/real Estate In New Orleans

New Orleans, LA, USA
Listed 228 days ago

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.

Location

New Orleans, LA (Orleans County)

Employees

15 (4 Full-time, 11 Part-time)

Real Estate

Real Property Included

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

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.

Years Established

46 Years

Support & Training

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

Expansion Potential

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

Size In Square Feet

4,275

Competition / Market

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

Inventory / Stock Value

$5,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
Undisclosed
RevenueMost Recent Year
$628K
Earnings (SDE)Last Reported
$148K
Assets Value
Undisclosed
Seller Financing
Yes

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Profitable Franchise Juice & Coffee Café with Expansion Rights

Profitable Franchise Juice & Coffee Café with Expansion Rights

Broward County, FL, USA
Updated 6 hours ago
Verified about 7 hours ago
Asking Price
$375K
Earnings
$139K SDE
Fully Remodeled Fast Casual Restaurant Q1 2025

Fully Remodeled Fast Casual Restaurant Q1 2025

Palm Beach County, FL, USA
Updated 6 hours ago
Verified about 7 hours ago
Asking Price
$199K
Earnings
Undisclosed
Profitable Custom Cake & Dessert Business with Catering

Profitable Custom Cake & Dessert Business with Catering

Broward County, FL, USA
Updated 6 hours ago
Verified about 7 hours ago
Asking Price
$200K
Earnings
$50K SDE