Apple Valley, California, offers a unique opportunity for investors to purchase restaurants for sale in a town with a rich history and diverse economy. With a population of approximately 75,000 residents, Apple Valley provides a stable customer base for restaurants. Restaurants in Apple Valley can represent a variety of investments, from casual eateries to fine dining establishments, catering to the town's growing population and visitors. The town's amenities, including the Apple Valley Christian Academy, St. Mary's Hospital, and the Sunset Hills Memorial Park and Mortuary, contribute to its appeal. Additionally, Apple Valley's location near the Mojave River and the San Bernardino Mountains provides a scenic backdrop for restaurants. The town's economy, driven by industries such as agriculture, transportation, and mining, also supports the growth of the restaurant industry. Notable companies, like the Apple Valley Inn and the Los Angeles Examiner newspaper, have established a presence in the area, further solidifying Apple Valley as a great place to invest in a restaurant.
Apple Valley's restaurants for sale offer a range of options, from small, family-owned establishments to larger, more formal restaurants. With 2 restaurants currently available for sale, investors can find the perfect opportunity to suit their needs. The average price per square foot for restaurants in Apple Valley is $1,622 USD, with an average size of 3,783 square feet. The largest restaurant available for sale is 4,020 square feet. In addition to restaurants, Apple Valley also offers other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Apple Valley offer a stable source of income, while shopping centers provide a hub for retail activity. Specialty properties, such as the Apple Valley Fire Protection District, offer unique investment opportunities. Hotels, like the Apple Valley Inn, cater to the town's growing tourism industry. Overall, Apple Valley presents a diverse range of investment opportunities, making it an attractive location for investors.
What is the average cost per square foot for a restaurant in Apple Valley?
The average cost per square foot for a restaurant in Apple Valley is $1,622 USD per square foot, with an average size of 3,783 square feet and a largest size of 4,020 square feet among the 2 available listings.
What factors determine the value of a restaurant for sale in Apple Valley?
The value of a restaurant for sale in Apple Valley is determined by a combination of factors, including:
- Location, with proximity to major transportation facilities like State Route 18 and Bear Valley Road, as well as the town's commercial district, being highly desirable;
- The size and condition of the property, with an average size of 3,783 square feet and an average price per square foot of $1,622 USD, as well as the overall condition and age of the building;
- Financial performance, including the restaurant's average cap rate of 4.87% and its potential for generating revenue, which can be influenced by the local economy, competition, and demographics.
