Rancho Cucamonga, California, offers a unique opportunity for investors to capitalize on the city's growing demand for restaurants. With a population of 170,000, Rancho Cucamonga is an attractive location for restaurateurs looking to establish a presence in a thriving community. Restaurants in Rancho Cucamonga can represent a diverse range of investments, from casual eateries to fine dining establishments, and from family-owned businesses to large chain restaurants. The city's amenities, infrastructure, location, education, and geography make it an ideal place to invest in a restaurant. For instance, the city is home to several major transportation hubs, including Metrolink's Rancho Cucamonga station and nearby Ontario International Airport, making it easily accessible to customers from surrounding areas. Additionally, Rancho Cucamonga is situated near several institutions, such as Chaffey College and the University of La Verne, providing a steady stream of potential customers. The city's warm Mediterranean climate, with an average of 287 sunny days per year, also makes it an attractive location for outdoor dining and entertainment. Overall, Rancho Cucamonga is a great place for business and travel, with attractions like the Victoria Gardens Cultural Center and the Paul A. Biane Library.
Rancho Cucamonga's restaurant scene is just one aspect of the city's diverse commercial landscape. With 4 restaurants for sale, investors have a wide range of options to choose from. In addition to restaurants, Rancho Cucamonga is also home to a variety of other commercial properties, including apartment buildings, shopping centers, specialty properties, and hotels. For example, the city's apartment buildings offer investors a chance to capitalize on the growing demand for housing in the area. Shopping centers, such as Victoria Gardens, provide a hub for retail activity, while specialty properties, like the historic Chinatown House, offer a unique opportunity for investors to own a piece of the city's cultural heritage. Hotels, like the Four Points by Sheraton, cater to the city's growing tourism industry. Overall, Rancho Cucamonga's commercial landscape offers investors a diverse range of opportunities to invest in a thriving community.
What is the average cost per square foot for a restaurant in Rancho Cucamonga?
The average cost per square foot for a restaurant in Rancho Cucamonga is $708 USD per square feet, with 4 available listings ranging in size from 5,615 square feet to 7,221 square feet, offering a diverse range of options for restaurateurs looking to establish a presence in this city.
What factors determine the value of a restaurant for sale in Rancho Cucamonga?
When evaluating the value of a restaurant for sale in Rancho Cucamonga, several key factors come into play, including:
- Location, with proximity to major transportation hubs, highways, and local attractions influencing foot traffic and accessibility;
- Size and layout, with an average size of 5,615 square feet and a maximum size of 7,221 square feet, affecting seating capacity, kitchen efficiency, and overall operational flow;
- Financial performance, including the average cap rate of 4.8% and the average price per square foot of $708 USD, which impact the restaurant's profitability and return on investment.
