With 3 restaurants for sale in Bismarck, North Dakota, investors have a wide range of opportunities to capitalize on the city's growing economy. Restaurants are a great investment in Bismarck due to the city's strong retail and healthcare sectors, which attract a diverse range of customers. From casual eateries to fine dining establishments, restaurants in Bismarck offer a unique blend of local flavors and cuisines. The city's amenities, such as the Bismarck Parks and Recreation District, Dakota Zoo, and Apple Creek Country Club, make it an attractive location for both residents and visitors. Additionally, Bismarck's location along the Missouri River provides a scenic backdrop for restaurants with outdoor seating areas. The city's education system, including the University of Mary and Bismarck State College, also contributes to a steady stream of customers. With its rich history, cultural attractions, and natural beauty, Bismarck is an excellent place to invest in a restaurant.
Restaurants in Bismarck are situated in a city with a strong sense of community, where local events and attractions draw visitors from across the region. The city's economy is driven by major employers like the state government, Sanford Health, and St. Alexius Medical Center, which provide a stable customer base for restaurants. In addition to restaurants, Bismarck also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, the city's shopping centers, such as Gateway Fashion Mall and Northbrook Mall, provide a hub for retail activity. Specialty properties, like the Bismarck Parks and Recreation District, offer unique investment opportunities. Hotels, such as those located near the Bismarck Municipal Airport, cater to the city's growing tourism industry. Apartment buildings, like those in the Cathedral District, provide a range of housing options for residents. Overall, Bismarck's diverse economy and attractions make it an attractive location for investors looking to capitalize on the city's growth.
What is the average cost per square foot for a restaurant in Bismarck?
The average cost per square foot for a restaurant in Bismarck is $287 USD per square feet, with an average size of 36,789 square feet and a largest size of 105,000 square feet, among the 3 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Bismarck?
When evaluating the value of a restaurant for sale in Bismarck, several key factors come into play, including:
- Location, with proximity to major highways, such as Interstate 94 and U.S. Route 83, and local amenities like parks, golf courses, and shopping centers, like Gateway Fashion Mall and Northbrook Mall, impacting foot traffic and accessibility.
- The restaurant's size, with an average size of 36,789 square feet, and condition, including the age and quality of equipment, fixtures, and furnishings, affecting operational efficiency and appeal to customers.
- Financial performance, including the average cap rate of 6%, and sales data, such as revenue and profit margins, influencing the restaurant's value and potential for future growth.
