Merced, California, offers a unique opportunity for investors to tap into the city's growing restaurant scene. With 1 restaurants for sale, Merced presents an attractive option for those looking to invest in the food industry. Restaurants in Merced can range from casual eateries to fine dining establishments, catering to the diverse tastes of the city's residents and visitors. As the "Gateway to Yosemite," Merced attracts tourists and outdoor enthusiasts, creating a demand for restaurants that offer a range of cuisines. The city's proximity to major cities like Sacramento, San Francisco, Fresno, and Los Angeles also makes it an ideal location for restaurants that cater to commuters and travelers. Additionally, the presence of the University of California, Merced, and institutions like Mercy Medical Center Merced, contribute to the city's economic growth, making it an attractive location for restaurants.
Merced's restaurant scene is just one aspect of the city's diverse commercial landscape. The city is also home to 1 apartment buildings, 1 shopping centers, 1 specialty properties, and 1 hotels, offering investors a range of options to suit their needs. The city's infrastructure, including the Merced Regional Airport and Amtrak San Joaquins, makes it easily accessible, while its cultural attractions, such as the Castle Air Museum and Lake Yosemite, create a unique and desirable environment for businesses and residents alike. With its growing economy and diverse range of commercial properties, Merced is an attractive location for investors looking to tap into the city's potential.
What is the average cost per square foot for a restaurant in Merced?
The average cost per square foot for a restaurant in Merced is $332 USD per square feet, with an average size of 9,180 square feet and a largest size of 9,180 square feet, making it an attractive option for entrepreneurs and investors looking to establish a presence in this Central Valley city.
What factors determine the value of a restaurant for sale in Merced?
The value of a restaurant for sale in Merced is determined by several factors, including:
- Location, with proximity to popular attractions like Yosemite National Park, Lake Yosemite, and the University of California, Merced, as well as accessibility to major roads like State Route 59, State Route 99, and State Route 140, impacting foot traffic and customer base;
- Size and layout, with an average size of 9,180 square feet and a maximum size of 9,180 square feet, affecting seating capacity, kitchen space, and overall operational efficiency;
- Financial performance, including the average price per square foot of $332 USD and an average cap rate of 7%, influencing the restaurant's profitability and potential for growth.
