Dayton, Ohio, is a city that offers a unique blend of innovation, healthcare, arts, and culture, making it an attractive location for investors looking to capitalize on the growing demand for restaurants. With a rich history of entrepreneurship and invention, Dayton provides a fertile ground for businesses to flourish. The city's strong legacy in aviation and aerospace technology, coupled with its prominent healthcare sector, creates a diverse economy that supports a wide range of industries. This diversity is reflected in the many characteristics of Dayton's restaurants, which cater to a broad range of tastes and preferences. From casual eateries to fine dining establishments, Dayton's restaurants benefit from the city's excellent infrastructure, including major highways, inter-modal freight railroad terminals, and a regional airport. The city's educational institutions, such as the University of Dayton and Wright State University, also contribute to the local economy, attracting students and professionals who appreciate the city's amenities, including the Five Rivers MetroPark and the National Museum of the United States Air Force. Overall, Dayton is a great place to invest in a restaurant, with its unique blend of history, innovation, and culture making it an attractive destination for both locals and tourists.
With 15 restaurants for sale in Dayton, investors have a wide range of options to choose from. From family-friendly diners to trendy bars and restaurants, Dayton's culinary scene has something for everyone. The city's strong economy, supported by major employers like the Kettering Health Network and Premier Health Partners, ensures a steady stream of customers for restaurants. Additionally, Dayton's arts and culture scene, which includes the Dayton Art Institute and the Benjamin and Marian Schuster Performing Arts Center, attracts visitors from across the region. Apartment Buildings, Shopping Centers, and Specialty Properties are also available in Dayton, offering investors a range of opportunities to diversify their portfolios. Hotels, such as those near the Dayton International Airport, cater to the city's many visitors, including business travelers and tourists. Overall, Dayton's unique blend of history, innovation, and culture makes it an attractive location for investors looking to capitalize on the growing demand for restaurants and other commercial properties.
What is the average cost per square foot for a restaurant in Dayton?
The average cost per square foot for a restaurant in Dayton is $350 USD per square feet, with an average size of 6,421 square feet and a largest size of 27,135 square feet, providing a range of options for restaurateurs to find the perfect fit for their business.
What factors determine the value of a restaurant for sale in Dayton?
The value of a restaurant for sale in Dayton is determined by a combination of factors, including:
- Location, with proximity to major highways like Interstate 75, Interstate 70, and Interstate 675, as well as access to amenities like the Five Rivers MetroPark, being highly desirable;
- Size and layout, with an average size of 6,421 square feet and a maximum size of 27,135 square feet, affecting the restaurant's capacity and functionality;
- Financial performance, including the average price per square foot of $350 USD and an average cap rate of 6.05%, which impact the restaurant's profitability and return on investment.
