Madison, Wisconsin, is an attractive destination for investors seeking to capitalize on the city's strong economy and growing population of around 250,000 residents. Restaurants for sale in Madison offer a unique opportunity to tap into the city's thriving food scene, which is supported by the presence of the University of Wisconsin-Madison and a diverse range of cultural institutions. As a popular tourist destination, Madison attracts visitors from across the country, providing a steady stream of potential customers for restaurants. The city's infrastructure, including the Dane County Regional Airport and Metro Transit bus system, makes it easily accessible for both locals and tourists. Additionally, Madison's geography, with its five surrounding lakes, provides a unique and attractive setting for restaurants to operate.
With 4 restaurants for sale in Madison, investors have a range of options to choose from. Whether you're looking to invest in a casual eatery, a fine dining establishment, or a specialty restaurant, Madison has something to offer. The city's strong economy, driven by the tech industry and state employment, provides a stable foundation for businesses to grow. In addition to restaurants, Madison also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, investors may consider investing in apartment buildings near the University of Wisconsin-Madison, or shopping centers along State Street. Specialty properties, such as those near the Overture Center for the Arts, may also offer unique investment opportunities. Meanwhile, hotels in Madison, such as those near the Alliant Energy Center, can capitalize on the city's thriving tourism industry. Overall, Madison offers a diverse range of investment opportunities, making it an attractive destination for investors.
What is the average cost per square foot for a restaurant in Madison?
The average cost per square foot for a restaurant in Madison is $426 USD per square foot, with an average size of 11,946 square feet and a largest size of 24,500 square feet, among the 4 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Madison?
When evaluating the value of a restaurant for sale in Madison, several key factors come into play, including:
- Location, with proximity to the University of Wisconsin-Madison, the Wisconsin State Capitol, and popular neighborhoods like State Street and the Capital Square area being highly desirable;
- The restaurant's size, with an average size of 11,946 square feet, and a maximum size of 24,500 square feet, affecting its capacity and potential revenue;
- Financial performance, including the average price per square foot of $426 USD and an average cap rate of 5.25%, which can impact the restaurant's profitability and resale value.
