Roseville, California, offers a unique opportunity for investors to tap into the city's growing economy by purchasing a restaurant for sale. With a population of around 130,000, Roseville provides a sizable customer base for restaurants, and its strategic location within the Sacramento metropolitan area makes it an attractive spot for businesses. Restaurants in Roseville can represent a range of investments, from casual eateries to fine dining establishments, and can cater to the diverse tastes of the local population. The city's amenities, infrastructure, location, education, and geography make it an ideal place to invest in a restaurant. For instance, the presence of major employers like Hewlett Packard and NEC, as well as educational institutions like Brandman University and Sierra College, ensures a steady stream of customers. Additionally, the city's transportation services, including Amtrak and Roseville Transit, make it easily accessible to visitors and locals alike. Roseville's attractions, such as the Vernon Street Town Square, also contribute to its appeal as a great place for business and travel.
Roseville's restaurant scene is just one aspect of the city's diverse commercial landscape. With 5 restaurants for sale, investors have a range of options to choose from. In addition to restaurants, Roseville is also home to apartment buildings, shopping centers, specialty properties, and hotels, each offering unique investment opportunities. For example, apartment buildings in Roseville can provide a steady stream of rental income, while shopping centers can offer a diverse range of retail and dining options. Specialty properties, such as office buildings or warehouses, can cater to the city's growing technology and healthcare sectors, and hotels can capitalize on Roseville's tourist traffic. Overall, Roseville's diverse range of commercial properties makes it an attractive destination for investors looking to tap into the city's growing economy.
What is the average cost per square foot for a restaurant in Roseville?
According to current listings, the average cost per square foot for a restaurant in Roseville is $797 USD per square foot, with an average size of 8,289 square feet and a largest size available of 13,680 square feet.
What factors determine the value of a restaurant for sale in Roseville?
The value of a restaurant for sale in Roseville is determined by several factors, including:
- the average price per square foot, which is currently $797 USD per square foot, and the average size of available listings, which is 8,289 square feet;
- the average cap rate, which is 6.5%, and the largest available listing, which is 13,680 square feet;
- the local economy, including the presence of major employers, educational institutions, and healthcare providers, as well as the city's infrastructure, transportation options, and amenities, such as the Vernon Street Town Square and the Roseville Amtrak Station.
