Kent, Washington, a city in King County, offers a unique opportunity for investors to tap into the local restaurant scene. With 1 restaurants for sale, Kent presents a diverse range of investment options, from casual eateries to fine dining establishments. Restaurants in Kent can represent a variety of investments, including family-owned businesses, franchises, and entrepreneurial ventures. The city's strong economy, fueled by major corporations like Oberto Sausage Company, Seattle Bicycle Supply, and Blue Origin, creates a demand for quality dining options. Kent's amenities, infrastructure, and location make it an attractive place to invest in a restaurant, with easy access to Seattle and Bellevue via State Route 167 and Interstate 5. The city's educational institutions, such as Green River Community College, and attractions like the ShoWare Center and Riverbend Golf Complex, also contribute to its appeal. As a hub for entertainment and sports, Kent is a great place for business and travel, with its own unique character and charm.
Kent's restaurant scene is just one aspect of the city's diverse economy, which also includes manufacturing, warehousing, and retail. In addition to restaurants, investors can explore opportunities in apartment buildings, shopping centers, and specialty properties, such as the city's growing warehouse district. The city's location, with its proximity to Seattle and Bellevue, makes it an attractive option for hotels, which can cater to business travelers and tourists alike. With its strong economy, rich history, and diverse range of investment opportunities, Kent is an excellent choice for those looking to invest in the Pacific Northwest.
What is the average cost per square foot for a restaurant in Kent?
The average cost per square foot for a restaurant in Kent is $188 USD per square foot, with an average size of 6,900 square feet and a largest size of 6,900 square feet, making it an attractive option for restaurateurs looking to establish a presence in this city of around 120,000 people.
What factors determine the value of a restaurant for sale in Kent?
When evaluating the value of a restaurant for sale in Kent, several key factors come into play, including:
- Location, with proximity to major roads like Interstate 5 and State Route 167, as well as accessibility to public transportation, being highly desirable;
- The restaurant's size, with an average size of 6,900 square feet, and a maximum size of 6,900 square feet, impacting its capacity and potential revenue;
- The restaurant's financial performance, including its average price per square foot of $188 USD and average cap rate of , which can indicate its profitability and potential for growth.
