Fort Myers, Florida, is an attractive destination for investors seeking to purchase a restaurant for sale. With its rich history, cultural attractions, and strong tourism industry, Fort Myers offers a unique opportunity for restaurateurs to establish a successful business. Restaurants in Fort Myers can cater to a diverse range of customers, from locals to tourists, and offer a variety of cuisines to suit different tastes and preferences. The city's infrastructure, including Southwest Florida International Airport and Page Field, makes it easily accessible to visitors from across the country. Additionally, Fort Myers is home to several educational institutions, such as Hodges University and Keiser University, which provide a steady stream of potential customers. The city's amenities, including the Calusa Nature Center and Planetarium, City of Palms Park, and Edison and Ford Winter Estates, also make it an attractive location for restaurants.
With 10 restaurants for sale in Fort Myers, investors have a range of options to choose from. In addition to restaurants, Fort Myers also offers opportunities to invest in other commercial properties, such as apartment buildings, shopping centers, and specialty properties. The city's hotels, like the Historic Downtown waterfront entertainment district, also provide a unique opportunity for investors. Each of these property types offers a distinct investment opportunity, and Fort Myers' strong economy and tourism industry make it an attractive location for businesses. Overall, Fort Myers is a great place to invest in a restaurant, with its unique blend of history, culture, and entertainment options making it an attractive destination for visitors and locals alike.
What is the average cost per square foot for a restaurant in Fort Myers?
The average cost per square foot for a restaurant in Fort Myers is $612 USD per square foot, with available listings totaling 10 and average restaurant sizes ranging from 7,044 square feet to 14,584 square feet.
What factors determine the value of a restaurant for sale in Fort Myers?
When evaluating the value of a restaurant for sale in Fort Myers, several key factors come into play, including:
- Location, with proximity to popular tourist attractions like the Edison and Ford Winter Estates, and high-traffic areas like the Historic Downtown waterfront entertainment district, contributing to a restaurant's potential revenue;
- The restaurant's physical characteristics, such as its average size of 7,044 square feet, and largest size of 14,584 square feet, which can impact seating capacity, kitchen efficiency, and overall operational costs;
- Financial performance indicators, including the average cap rate of 6.19%, and average price per square foot of $612 USD, which can influence a buyer's perception of the restaurant's value and potential for return on investment.
