With 4 restaurants for sale in Murfreesboro, Tennessee, investors have a wide range of opportunities to tap into the city's growing food scene. Restaurants in Murfreesboro offer a unique blend of Southern charm and modern amenities, making them an attractive investment option. Whether you're looking to own a family-friendly diner, a trendy cafe, or a fine dining establishment, Murfreesboro's restaurants cater to a diverse range of tastes and preferences. The city's strong economy, fueled by major employers like Middle Tennessee State University and National Healthcare Corporation (NHC), ensures a steady stream of customers. Additionally, Murfreesboro's convenient location, with easy access to Nashville International Airport and major highways, makes it an ideal spot for restaurants to thrive. The city's amenities, such as the Alvin C. York Veterans Hospital and the Murfreesboro Greenway System, also contribute to its appeal as a great place to live, work, and dine.
Murfreesboro's restaurants are an integral part of the city's fabric, offering a unique culinary experience that reflects the city's rich history and cultural heritage. With its proximity to Nashville, Murfreesboro benefits from the city's influence, while maintaining its own distinct character. In addition to restaurants, Murfreesboro also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. The city's apartment buildings, for example, offer a convenient and affordable housing option for students and professionals alike. Shopping centers, such as the Avenue Murfreesboro, provide a one-stop shopping experience for residents and visitors. Specialty properties, like the historic Cannonsburgh Village, offer a unique blend of history and entertainment. Meanwhile, hotels, such as the Embassy Suites by Hilton Murfreesboro, cater to the city's growing tourism industry. Overall, Murfreesboro's diverse range of investment opportunities makes it an attractive destination for investors looking to tap into the city's growth and potential.
What is the average cost per square foot for a restaurant in Murfreesboro?
The average cost per square foot for a restaurant in Murfreesboro is $1,530 USD per square feet, with an average size of 4,301 square feet and a largest size of 6,650 square feet among the 4 available listings.
What factors determine the value of a restaurant for sale in Murfreesboro?
The value of a restaurant for sale in Murfreesboro is determined by several factors, including:
- Location, with proximity to major transportation hubs like Nashville International Airport, Smyrna Airport, and Murfreesboro Municipal Airport, as well as easy access to highways like Interstates 24 and 840, U.S. Routes 41, 70S, and 231, and State Routes 1, 2, 10, 96, 99, and 268, being highly desirable;
- The size and condition of the property, with an average size of 4,301 square feet and an average price per square foot of $1,530 USD, as well as the overall condition and age of the building;
- The restaurant's financial performance, including its average cap rate of 5.2%, revenue, and profitability, as well as the quality of its management and staff.
