Huntsville, Alabama, offers a unique opportunity for investors to tap into the city's growing economy by purchasing a restaurant for sale. With a population of approximately 220,000, Huntsville is an attractive location for businesses, especially those in the aerospace and military technology sectors. Restaurants in Huntsville can cater to the diverse needs of the city's residents, employees, and visitors, making them a valuable investment opportunity. From casual eateries to fine dining establishments, restaurants in Huntsville can represent a range of investments, from small, family-owned businesses to larger, more elaborate ventures. The city's amenities, infrastructure, location, education, and geography make it an ideal place to invest in a restaurant. For instance, the presence of institutions like NASA's Marshall Space Flight Center and the University of Alabama in Huntsville ensures a steady flow of customers. Additionally, the city's scenic beauty, with attractions like Big Spring International Park and Monte Sano State Park, makes it a popular destination for tourists and locals alike. With its rich history, diverse economy, and natural charm, Huntsville is an excellent place to invest in a restaurant.
Huntsville's restaurant scene is just one aspect of the city's diverse economy. With 5 restaurants for sale, investors have a range of options to choose from. In addition to restaurants, Huntsville also offers opportunities to invest in apartment buildings, shopping centers, specialty properties, and hotels. For instance, the city's shopping centers, like Parkway Place Mall and Bridge Street Town Centre, offer a mix of local boutiques and national chain stores, catering to the diverse needs of the city's residents. Meanwhile, specialty properties, such as the historic Lowe Mill Village, provide a unique blend of art, culture, and commerce. With its diverse economy and range of investment opportunities, Huntsville is an attractive location for investors looking to expand their portfolios. Whether you're interested in restaurants, apartment buildings, shopping centers, specialty properties, or hotels, Huntsville has something to offer.
What is the average cost per square foot for a restaurant in Huntsville?
Based on current listings, the average cost per square foot for a restaurant in Huntsville is $767 USD per square foot, with an average size of 3,910 square feet and a largest size of 9,659 square feet available.
What factors determine the value of a restaurant for sale in Huntsville?
The value of a restaurant for sale in Huntsville is determined by a combination of factors, including:
- Location, with proximity to major transportation hubs like the Huntsville International Airport and Interstate I-565, as well as accessibility to local amenities like Big Spring International Park and the Huntsville Botanical Garden, playing a significant role in attracting customers;
- The restaurant's size, with an average size of 3,910 square feet, and largest size of 9,659 square feet, influencing the seating capacity, menu offerings, and overall dining experience;
- Economic indicators, such as the average cap rate of 5.39%, and the average price per square foot of $767 USD, which reflect the restaurant's potential for generating revenue and profitability.
