Restaurants for sale in Green Bay, Wisconsin, offer a unique investment opportunity in a city with a strong economy and a diverse population of around 100,000 people. As a hub for the paper and meatpacking industries, Green Bay attracts a steady stream of visitors and locals alike, making it an ideal location for restaurants. With its rich history, cultural attractions, and outdoor activities, Green Bay provides a unique blend of small-town charm and big-city amenities, making it an attractive destination for foodies and entrepreneurs. The city's infrastructure, including the Green Bay Austin Straubel International Airport and the Port of Green Bay, ensures easy access to supplies and customers. Additionally, the presence of institutions like Northeast Wisconsin Technical College and major employers like Georgia-Pacific and Procter & Gamble contribute to a stable and growing economy. With its scenic location on Lake Michigan and a variety of amenities like Lambeau Field, Bay Beach Amusement Park, and the Green Bay Botanical Garden, Green Bay is an excellent place to invest in a restaurant.
With 15 restaurants for sale in Green Bay, there are plenty of opportunities to find the perfect fit for your investment goals. Whether you're looking for a casual eatery, a fine dining establishment, or a quick-service restaurant, Green Bay has a diverse range of options to choose from. In addition to restaurants, Green Bay also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Green Bay offer a steady stream of income, while shopping centers provide a diverse range of retail opportunities. Specialty properties, such as office buildings and warehouses, can be customized to meet the needs of specific businesses, and hotels cater to the city's growing tourism industry. With its strong economy, diverse population, and range of investment opportunities, Green Bay is an attractive destination for entrepreneurs and investors alike.
What is the average cost per square foot for a restaurant in Green Bay?
The average cost per square foot for a restaurant in Green Bay is $371 USD per square foot, with an average size of 4,715 square feet and a largest size of 11,088 square feet among the 15 available listings.
What factors determine the value of a restaurant for sale in Green Bay?
The value of a restaurant for sale in Green Bay is determined by a combination of factors, including:
- Location, with proximity to major attractions like Lambeau Field, Bay Beach Amusement Park, and the National Railroad Museum, as well as accessibility to main roads like I-43 and US 41, impacting foot traffic and customer base;
- Size and layout, with the average restaurant size in Green Bay being 4,715 square feet, and larger spaces like 11,088 square feet commanding higher prices;
- Financial performance, including the average cap rate of 5.47% and the overall profitability of the business, which can be influenced by factors like competition, menu offerings, and management efficiency.
