Miramar, Florida, is an attractive location for investors seeking to purchase a restaurant, with its diverse demographics and growing population of approximately 130,000 residents. Restaurants in Miramar offer a unique opportunity for entrepreneurs to capitalize on the city's strong economy, driven by industries such as aviation, technology, and government services. As a result, the demand for dining options is high, making restaurants a solid investment in the area. Miramar's amenities, including the Miramar Cultural Center and ArtsPark, the Miramar Branch Library Education Center, and the Miramar Regional Park Amphitheater, provide an attractive environment for businesses to thrive. The city's infrastructure, including major roads like U.S. 441, Hallandale Beach Boulevard, and Pembroke Road, ensures easy accessibility for customers. With notable companies like Spirit Airlines, JL Audio, and the FBI Miami field office based in Miramar, the city is an ideal location for restaurants catering to professionals and families alike.
With 6 restaurants for sale in Miramar, investors have a range of options to choose from. Miramar's diverse economy and demographics create a unique environment for restaurants to succeed. In addition to restaurants, Miramar also offers opportunities for investment in other property types, such as apartment buildings, which can provide a steady income stream, shopping centers, which can capitalize on the city's growing retail market, specialty properties, which can cater to the city's diverse industries, and hotels, which can serve the city's visitors and business travelers. Overall, Miramar's strong economy, diverse demographics, 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 Miramar?
For restaurants in Miramar, the average cost per square foot is $612 USD, with an average size of 10,759 square feet and a largest size of 33,463 square feet, offering a range of options for entrepreneurs and investors looking to capitalize on the city's growing food scene.
What factors determine the value of a restaurant for sale in Miramar?
When evaluating the value of a restaurant for sale in Miramar, several key factors come into play, including:
- Location, with proximity to major roads like U.S. 441, Hallandale Beach Boulevard, and Pembroke Road, as well as accessibility to local amenities like the Miramar Cultural Center and ArtsPark, influencing foot traffic and customer base;
- Size and layout, with the average restaurant for sale in Miramar spanning 10,759 square feet, and the largest available listings reaching up to 33,463 square feet;
- Financial performance, including the average price per square foot of $612 USD and an average cap rate of , which can impact the overall value of the restaurant.
