Avondale, Arizona, is an attractive location for investors seeking to purchase a restaurant, with 2 available listings to choose from. Restaurants in Avondale offer a unique blend of investment opportunities, ranging from casual eateries to fine dining establishments, each with its own distinct character. As a prime location for businesses, Avondale's restaurants benefit from the city's strategic position near Phoenix, making it an ideal spot for entrepreneurs and restaurateurs. The city's infrastructure, including transportation services provided by Valley Metro Bus and the Avondale ZOOM neighborhood circulator, ensures easy access to the area. Additionally, Avondale's amenities, such as Valleywise Community Health Center, Phoenix Children's Hospital, and Estrella Mountain Community College, contribute to its appeal. The city's geography, with the Gila River running through it, also adds to its charm. Overall, Avondale is a great place for business and travel, with attractions like Phoenix Raceway and a rich arts scene.
Avondale's restaurants are situated in a city that has experienced significant growth, with a diverse range of major employers and industries. The city is home to top employers like Amazon, the City of Avondale, and the Littleton Elementary School District, reflecting the importance of education in the local economy. In addition to restaurants, Avondale also offers other investment opportunities, including Apartment Buildings, Shopping Centers, Specialty Properties, and Hotels. For instance, Apartment Buildings in Avondale provide a unique opportunity for investors to tap into the city's growing residential market. Shopping Centers in Avondale offer a chance to capitalize on the city's commercial growth, while Specialty Properties provide a unique investment opportunity. Hotels in Avondale, with their proximity to Phoenix and other attractions, are an attractive option for investors seeking to tap into the tourism industry. Overall, Avondale's diverse range of investment opportunities makes it an attractive location for entrepreneurs and investors alike.
What is the average cost per square foot for a restaurant in Avondale?
The average cost per square foot for a restaurant in Avondale is $301 USD per square feet, with an average size of 27,040 square feet and a largest size of 53,000 square feet among the 2 available listings.
What factors determine the value of a restaurant for sale in Avondale?
The value of a restaurant for sale in Avondale is determined by a combination of factors, including:
- Location, with proximity to major highways like Interstate 10, and accessibility to local amenities like Phoenix Raceway and Estrella Mountain Community College, playing a significant role in attracting customers;
- The restaurant's size, with an average size of 27,040 square feet, and a maximum size of 53,000 square feet, influencing the seating capacity, menu offerings, and overall operational efficiency;
- Financial performance, including the average price per square foot of $301 USD, and an average cap rate of , which can impact the restaurant's profitability and desirability to potential buyers.
