Fresno, California, offers a unique opportunity for investors to tap into the city's diverse economy and growing population of approximately 530,000 residents. Restaurants for sale in Fresno present an attractive investment option, particularly given the city's strategic location near national parks like Yosemite, Kings Canyon, and Sequoia, making it a gateway for visitors to these natural attractions. Fresno's restaurants cater to a diverse range of customers, from locals to tourists, and offer a variety of cuisines to suit different tastes. The city's infrastructure, including Fresno Yosemite International Airport and major roads like State Route 99, State Route 168, State Route 41, and State Route 180, ensures easy accessibility for customers. Additionally, Fresno's educational institutions, such as California State University, Fresno, and private institutions like Alliant International University, contribute to a steady flow of customers. The city's amenities, including hospitals like Valley Children's Hospital and Community Regional Medical Center, parks like Woodward Park and Roeding Park, and sports facilities like Save Mart Center at Fresno State, further enhance the appeal of restaurants in Fresno.
Fresno's restaurants for sale offer a range of investment opportunities, from casual eateries to fine dining establishments. With 3 restaurants for sale in Fresno, investors can choose from a variety of options to suit their investment goals. In addition to restaurants, Fresno also offers other investment opportunities, such as Apartment Buildings, which provide a steady stream of rental income; Shopping Centers, which offer a diverse range of retail spaces; Specialty Properties, which cater to specific business needs; and Hotels, which provide accommodation options for tourists and business travelers. Fresno's diverse economy, infrastructure, and amenities make it an attractive location for investors looking to capitalize on the city's growth potential. Overall, Fresno's restaurants for sale present a compelling investment opportunity, with the city's unique blend of natural attractions, educational institutions, and amenities ensuring a steady flow of customers.
What is the average cost per square foot for a restaurant in Fresno?
The average cost per square foot for a restaurant in Fresno is {{Sale.AveragePriceForSale» per square foot, with an average size of 29,666 square feet and a largest size of 55,258 square feet among the 3 available listings.
What factors determine the value of a restaurant for sale in Fresno?
When evaluating the value of a restaurant for sale in Fresno, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Fresno Yosemite International Airport and State Route 99, as well as access to local amenities like Woodward Park and Roeding Park, being highly desirable;
- The restaurant's size, with an average size of 29,666 square feet, and a maximum size of 55,258 square feet, impacting its capacity and potential revenue;
- Financial performance, including the average price per square foot of $545 USD and an average cap rate of 6.59%, which can influence the restaurant's overall value and attractiveness to potential buyers.
