Lincoln, Nebraska, is a prime location for investing in restaurants, with its strong economy and diverse population of around 290,000 residents. Restaurants in Lincoln offer a unique opportunity for entrepreneurs to capitalize on the city's growing demand for dining options. Whether you're looking to invest in a casual eatery, fine dining establishment, or specialty restaurant, Lincoln has a wide range of options to choose from. The city's amenities, infrastructure, location, education, and geography all contribute to its appeal as a great place to invest in a restaurant. For instance, the University of Nebraska, a major employer and educational institution, attracts a large student population, creating a demand for restaurants and cafes. Additionally, Lincoln's cultural attractions, such as the Lied Center and the Lincoln Symphony Orchestra, draw visitors from across the region, providing a potential customer base for restaurants. The city's location at the intersection of Interstate 80 and Interstate 180 also makes it an ideal spot for restaurants catering to travelers.
With 2 restaurants for sale in Lincoln, there are plenty of opportunities to find the perfect investment. Lincoln's restaurants offer a range of options, from casual eateries to fine dining establishments, and everything in between. In addition to restaurants, Lincoln also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, the city's growing healthcare industry, anchored by Bryan Health and CHI Health St. Elizabeth, creates a demand for apartment buildings and shopping centers. Meanwhile, the University of Nebraska's campus and the Lincoln Airport provide opportunities for specialty properties and hotels. Overall, Lincoln's diverse economy and range of investment opportunities make it an attractive location for entrepreneurs and investors alike.
What is the average cost per square foot for a restaurant in Lincoln?
The average cost per square foot for a restaurant in Lincoln is $283 USD per square feet, with an average size of 5,300 square feet and a largest size of 6,100 square feet, providing a range of options for restaurateurs to find the perfect space to suit their business needs.
What factors determine the value of a restaurant for sale in Lincoln?
The value of a restaurant for sale in Lincoln is determined by a combination of factors, including:
- Location, with proximity to the University of Nebraska and downtown Lincoln being highly desirable, as well as accessibility to major roads and highways such as Interstate 80 and U.S. Highway 34.
- The size and condition of the property, with an average size of 5,300 square feet and an average price per square foot of $283 USD, as well as the age and quality of the building and equipment.
- Financial performance, including the restaurant's annual sales, profit margins, and cash flow, as well as the average cap rate of 5.75% for similar restaurants in the area.
