Restaurants for sale in Pomona, California, offer a unique investment opportunity in a city with a rich history and diverse demographics. With a population of around 150,000, Pomona is an attractive location for businesses, including restaurants, due to its proximity to Los Angeles and its strong educational institutions, such as California State Polytechnic University, Pomona. Restaurants in Pomona can represent a variety of investments, from casual eateries to fine dining establishments, catering to the city's diverse population and visitors. Pomona's amenities, including the Pomona Health Center, Fairplex, and Cal Poly Pomona, make it an attractive location for businesses, and its infrastructure, including the 57 Freeway and Harbor Boulevard, provide easy access to the city. Additionally, Pomona's location near Los Angeles International Airport and other regional airports makes it an ideal spot for restaurants that cater to travelers and locals alike. The city's many attractions, such as the American Museum of Ceramic Art and the Pomona Fox Theater, also make it a great place for business and travel.
With 8 restaurants for sale in Pomona, investors have a range of options to choose from. Pomona's restaurants are part of a larger commercial landscape that includes apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Pomona offer a unique opportunity to invest in residential properties, while shopping centers provide a chance to invest in retail spaces. Specialty properties, such as those near Cal Poly Pomona, offer a unique opportunity to cater to the university's students and faculty. Hotels in Pomona, such as those near the Fairplex, provide a chance to invest in the city's hospitality industry. Overall, Pomona's diverse range of properties and amenities make it an attractive location for investors looking to tap into the city's growing economy.
What is the average cost per square foot for a restaurant in Pomona?
Based on current listings, the average cost per square foot for a restaurant in Pomona is $587 USD per square foot, with an average size of 7,876 square feet and a largest size available of 17,500 square feet, making it an attractive option for entrepreneurs and investors looking to capitalize on the city's diverse demographic makeup and strong economic sectors, including healthcare, education, and government services.
What factors determine the value of a restaurant for sale in Pomona?
The value of a restaurant for sale in Pomona is determined by a combination of factors, including:
- Location, with proximity to major transportation facilities such as the 57 (Orange) Freeway and Harbor Boulevard, as well as access to downtown Los Angeles and Riverside via Metrolink and Amtrak, being highly desirable;
- The size and layout of the restaurant, with an average size of 7,876 square feet and a largest size of 17,500 square feet, affecting the seating capacity, kitchen efficiency, and overall operational costs;
- The financial performance of the restaurant, including the average price per square foot of $587 USD and an average cap rate of 5.84%, which can impact the profitability and return on investment for potential buyers.
With 8 available listings of restaurants for sale in Pomona, understanding these factors is crucial for buyers and sellers to navigate the market effectively.
