Little Rock, Arkansas, is an attractive destination for investors seeking to purchase a restaurant, with 4 available listings. Restaurants in Little Rock offer a unique investment opportunity, as they can cater to the city's diverse population of around 200,000 people. As a hub for government, education, and healthcare, Little Rock's restaurants can serve a wide range of customers, from students and professionals to families and tourists. The city's amenities, such as Pinnacle Mountain State Park and the Arkansas River Trail, make it an attractive place to live and visit, which can drive business to local restaurants. Additionally, Little Rock's infrastructure, including Clinton National Airport and Amtrak services, provides easy access to the city, making it an ideal location for restaurants that cater to travelers and locals alike.
Restaurants in Little Rock are just one of the many investment opportunities available in the city. In addition to restaurants, investors can also consider purchasing apartment buildings, shopping centers, specialty properties, or hotels. Apartment buildings in Little Rock offer a stable source of income, with many units located near the University of Arkansas at Little Rock and other educational institutions. Shopping centers in the city provide a convenient location for retailers, with many centers situated along major roads like Interstate 40 and Interstate 30. Specialty properties, such as office buildings and warehouses, can be found throughout the city, offering a range of options for investors. Hotels in Little Rock are also a popular investment choice, with many properties located near the city's major attractions, such as the William J. Clinton Presidential Center and the Arkansas Museum of Fine Arts. Overall, Little Rock offers a diverse range of investment opportunities, making it an attractive destination for investors seeking to purchase a restaurant or other type of property.
What is the average cost per square foot for a restaurant in Little Rock?
In Little Rock, the average cost per square foot for a restaurant is $627 USD per square feet, with an average size of 3,950 square feet and a largest size of 7,300 square feet, making it an attractive option for entrepreneurs and investors looking to tap into the city's diverse culinary scene.
What factors determine the value of a restaurant for sale in Little Rock?
The value of a restaurant for sale in Little Rock is determined by a combination of factors, including:
- Location, with proximity to major highways, tourist attractions, and densely populated areas like downtown Little Rock and the River Market District being highly desirable;
- The restaurant's size, with an average size of 3,950 square feet, and a maximum size of 7,300 square feet, as well as its layout and condition;
- Financial performance, including the restaurant's average annual sales, profit margins, and cash flow, as well as its cap rate, with an average cap rate of 6.83%.
