El Cajon, California, is an attractive location for investors seeking to purchase a restaurant for sale, with its diverse population and strong economy. Restaurants in El Cajon can represent a range of investments, from casual eateries to fine dining establishments, and can cater to the city's diverse demographics. El Cajon's amenities, such as the Parkway Plaza shopping mall, Gillespie Field airport, and the Water Conservation Garden and Butterfly Garden at Cuyamaca College, make it an attractive location for businesses. The city's infrastructure, including its transportation facilities and educational institutions, such as Grossmont College and Cuyamaca College, also support the success of restaurants in the area. Additionally, El Cajon's location, 17 miles east of downtown San Diego, makes it a great place for business and travel, with attractions like Sycuan Casino and Summers Past Farms drawing visitors from surrounding areas.
With 2 restaurants for sale in El Cajon, investors have a range of options to choose from. The city's diverse neighborhoods, such as Fletcher Hills, Bostonia, and Rancho San Diego, offer unique opportunities for restaurants to cater to local tastes. In addition to restaurants, El Cajon also offers other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, investors may consider purchasing an apartment building in a desirable neighborhood like Fletcher Hills, or a shopping center near the Parkway Plaza mall. Specialty properties, such as those near Gillespie Field airport, may also be attractive to investors. Hotels, like those near Sycuan Casino, can benefit from the city's tourist attractions. Overall, El Cajon offers a range of investment opportunities for those looking to purchase a restaurant or other property type.
What is the average cost per square foot for a restaurant in El Cajon?
For those interested in purchasing a restaurant in El Cajon, the average cost per square foot is $386 USD per square foot, with an average size of 29,447 square feet and a largest size available of 53,233 square feet, among the 2 available listings.
What factors determine the value of a restaurant for sale in El Cajon?
When evaluating the value of a restaurant for sale in El Cajon, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Gillespie Field airport, shopping centers like Parkway Plaza, and densely populated neighborhoods like Fletcher Hills and Bostonia, influencing foot traffic and accessibility;
- Size and layout, with average restaurant sizes in El Cajon ranging from 29,447 square feet to 53,233 square feet, and a layout that accommodates efficient workflow and customer seating;
- Financial performance, including the average price per square foot of $386 USD and an average cap rate of 6.93%, which can impact the restaurant's profitability and desirability to potential buyers.
With 2 available listings of restaurants for sale in El Cajon, understanding these factors is crucial for buyers and sellers alike to determine a fair market value.
