Restaurants for sale in Coral Springs offer a unique investment opportunity in a city that boasts a strong economy, excellent infrastructure, and a high quality of life. Coral Springs is an attractive location for restaurants, with its diverse population of around 130,000 residents and a growing number of visitors drawn to its recreational attractions and cultural events. Restaurants in Coral Springs can cater to a range of tastes and cuisines, from casual eateries to fine dining establishments, and can benefit from the city's strong healthcare, education, and retail sectors. With amenities like the Coral Springs Medical Center, the Sportsplex, and the Saveology Iceplex, the city offers a desirable environment for businesses and residents alike. Additionally, Coral Springs is home to several major corporations, including Broward Health, Florida Power & Light, and Waste Pro, which contribute to the local economy.
Coral Springs is a great place to invest in a restaurant, with its diverse population and strong economy. The city offers a range of opportunities for restaurants, from casual eateries to fine dining establishments, and its amenities and attractions make it an attractive location for visitors and residents. In addition to restaurants, Coral Springs also offers opportunities for investment in Apartment Buildings, with its growing population and high demand for housing. The city's Shopping Centers, such as the Coral Square Mall, offer a range of retail spaces for businesses. Specialty Properties, like the Coral Springs Museum of Art, provide unique opportunities for investment in the city's cultural scene. Hotels, like the Marriott at Heron Bay, offer opportunities for investment in the hospitality industry. With its strong economy and high quality of life, Coral Springs is an attractive location for businesses and investors alike.
What is the average cost per square foot for a restaurant in Coral Springs?
The average cost per square foot for a restaurant in Coral Springs is $371 USD per square foot, with an average size of 8,915 square feet and a largest size available of 11,364 square feet, among the 2 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Coral Springs?
When evaluating the value of a restaurant for sale in Coral Springs, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Sawgrass Expressway and Atlantic Boulevard, as well as accessibility to local amenities like the Sportsplex and Coral Springs Medical Center, playing a significant role in determining value.
- The size and layout of the restaurant, with average sizes ranging from 8,915 square feet to 11,364 square feet, and the ability to accommodate a large number of customers influencing value.
- The financial performance of the restaurant, including the average cap rate of , which can impact the overall value of the business and the price per square foot, currently averaging $371 USD.
