Restaurants for sale in Pembroke Pines offer a unique investment opportunity in a city with a rich history and diverse demographics. As a suburb of Miami, Pembroke Pines has experienced significant population growth, making it an attractive location for businesses that cater to the local community. Restaurants, in particular, can represent a range of investments, from casual eateries to fine dining establishments, and can appeal to a broad customer base. Pembroke Pines' amenities, infrastructure, location, education, and geography make it an ideal place to invest in a restaurant. The city is home to institutions like Broward College and Florida International University, which attract students and faculty who frequent local eateries. Additionally, the city's proximity to major transportation hubs like Interstate 75 and Florida's Turnpike (SR 91) makes it easily accessible to customers from surrounding areas. With attractions like C.B. Smith Park and the Miami-Hollywood Motorsports Park, Pembroke Pines is a great place for business and travel.
With 7 restaurants for sale in Pembroke Pines, investors have a range of options to choose from. The city's diverse economy, which includes healthcare, retail, education, and professional services, supports a variety of businesses, including restaurants. In addition to restaurants, Pembroke Pines also offers opportunities to invest in apartment buildings, shopping centers, specialty properties, and hotels. For example, the city's shopping centers, like Pembroke Lakes Mall, attract customers from surrounding areas, making them a great investment opportunity. Similarly, hotels in Pembroke Pines, like those near Interstate 75, cater to travelers and business professionals. With its diverse economy and range of investment opportunities, Pembroke Pines is an attractive location for businesses of all types.
What is the average cost per square foot for a restaurant in Pembroke Pines?
For those interested in purchasing a restaurant in Pembroke Pines, it's essential to know that the average cost per square foot is $671 USD per square foot, with an average size of 5,337 square feet and a largest size of 17,550 square feet, among the 7 available listings.
What factors determine the value of a restaurant for sale in Pembroke Pines?
When evaluating the value of a restaurant for sale in Pembroke Pines, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Interstate 75 and Florida's Turnpike (SR 91) and high-traffic areas like Pembroke Lakes Mall, significantly impacting the restaurant's visibility and accessibility;
- The restaurant's size, with an average size of 5,337 square feet, and condition, including the quality of its equipment, fixtures, and overall infrastructure;
- Financial performance, including the restaurant's average cap rate of 5.25% and sales data, which can influence its value and appeal to potential buyers.
