Compton, California, a city located in southern Los Angeles County, offers a unique opportunity for investors to tap into the growing demand for restaurants. With a population of approximately 100,000 residents, Compton provides a diverse customer base for restaurants, from families to young professionals. Restaurants in Compton can represent a wide range of investments, from casual eateries to fine dining establishments, catering to various tastes and preferences. The city's central location, with easy access to major freeways and public transportation options, makes it an attractive spot for restaurants. Additionally, Compton is home to several educational institutions, including Compton Unified School District, Compton College, and Reed Christian College, providing a steady stream of potential customers. The city's amenities, such as the South Health Center, Compton Post Office, and Fashion Square Post Office, also contribute to its appeal.
With 3 restaurants for sale in Compton, investors have a range of options to choose from. In addition to restaurants, Compton also offers other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Compton provide a steady stream of rental income, while shopping centers offer a diverse range of retail and dining options. Specialty properties, such as office buildings and warehouses, cater to the city's growing business community. Hotels in Compton, meanwhile, provide accommodations for visitors and business travelers. Overall, Compton's diverse economy and central location make it an attractive spot for investors looking to tap into the city's growth potential.
What is the average cost per square foot for a restaurant in Compton?
For those interested in purchasing a restaurant in Compton, the average cost per square foot is $877 USD per square foot, with an average size of 3,113 square feet and a largest size available of 4,335 square feet, making it an attractive option for entrepreneurs and investors alike, with 3 available listings to choose from.
What factors determine the value of a restaurant for sale in Compton?
The value of a restaurant for sale in Compton is determined by several key factors, including:
- Location, with proximity to major roads, public transportation, and local amenities such as the Compton/Woodley Airport and the Metro A Line light rail system, impacting foot traffic and accessibility;
- The restaurant's size, with an average size of 3,113 square feet, and a maximum size of 4,335 square feet, affecting seating capacity, kitchen space, and overall operational efficiency;
- Financial performance, including the average price per square foot of $877 USD and an average cap rate of 4.67%, which influence the restaurant's profitability and return on investment.
With 3 available listings of restaurants for sale in Compton, understanding these factors is crucial for buyers and sellers to determine a fair market value.
