Restaurants for sale in Palm Coast offer a unique investment opportunity for entrepreneurs and business owners. With a growing population of around 80,000 residents, Palm Coast provides an ideal setting for restaurants to flourish. As a popular tourist destination, Palm Coast attracts visitors from nearby cities like St. Augustine and Daytona Beach, creating a steady stream of potential customers. The city's infrastructure, including paved streets, central water, and sewer systems, makes it an attractive location for businesses. Additionally, the presence of institutions like Daytona State College and Flagler Technical Institute ensures a steady supply of skilled workers. With its proximity to major transportation facilities like Interstate 95 and U.S. Route 1, Palm Coast offers easy access to other major areas, making it an ideal location for restaurants.
Palm Coast is home to a diverse range of businesses, including healthcare, retail, construction, and tourism industries. With 4 restaurants for sale, investors have a wide range of options to choose from. In addition to restaurants, Palm Coast also offers opportunities for investment in apartment buildings, shopping centers, specialty properties, and hotels. For instance, the city's growing arts scene, with events like the Palm Coast Arts Foundation's Picnic and Pops concert, creates a demand for unique shopping centers and specialty properties. Meanwhile, the presence of institutions like AdventHealth Palm Coast hospital and James F. Holland Memorial Park makes apartment buildings an attractive investment option. With its growing population and diverse economy, Palm Coast presents a promising opportunity for investors to diversify their portfolio.
What is the average cost per square foot for a restaurant in Palm Coast?
The average cost per square foot for a restaurant in Palm Coast is $270 USD per square foot, with an average size of 11,015 square feet and a largest size of 24,700 square feet, among the 4 available listings.
What factors determine the value of a restaurant for sale in Palm Coast?
When evaluating the value of a restaurant for sale in Palm Coast, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Interstate 95 and U.S. Route 1, as well as local amenities like James F. Holland Memorial Park and the Palm Coast Tennis Center, impacting foot traffic and accessibility;
- Size and layout, with the average restaurant size in Palm Coast being 11,015 square feet, and the largest available space being 24,700 square feet, influencing seating capacity, kitchen efficiency, and overall operational flow;
- Financial performance, including the average price per square foot of $270 USD, average cap rate of 9.26%, and overall profitability, which are critical in determining the restaurant's value and potential for future success.
