Santa Clara, California, is a prime location for investing in restaurants, with a diverse economy and a strong presence of technology companies like Intel, Advanced Micro Devices, and Nvidia. Restaurants in Santa Clara offer a unique opportunity for investors to tap into the city's innovative spirit and cater to the diverse needs of its residents and visitors. As a hub for education, with institutions like Santa Clara University and Mission College, restaurants can benefit from the steady flow of students and faculty. The city's infrastructure, including Silicon Valley Power and the Santa Clara City Library, ensures a reliable and efficient environment for businesses to operate. Additionally, Santa Clara's location near San Jose International Airport and its proximity to major roads like Highway 101 make it an attractive location for restaurants looking to serve a wide customer base. With its rich history, cultural attractions, and strong economy, Santa Clara is an excellent place to invest in a restaurant.
With 3 restaurants for sale in Santa Clara, investors have a range of options to choose from. Restaurants in Santa Clara are part of a larger commercial landscape that includes apartment buildings, shopping centers, specialty properties, and hotels. For instance, apartment buildings in Santa Clara offer a unique opportunity for investors to capitalize on the city's growing population of students and young professionals. Shopping centers in Santa Clara, like the Westfield Valley Fair mall, provide a hub for retail activity and foot traffic. Specialty properties, such as the Triton Museum of Art, add to the city's cultural landscape, while hotels like the Hilton Santa Clara cater to the city's business travelers and tourists. Overall, Santa Clara's diverse range of commercial properties makes it an attractive location for investors looking to diversify their portfolios.
What is the average cost per square foot for a restaurant in Santa Clara?
The average cost per square foot for a restaurant in Santa Clara is $380 USD per square foot, with an average size of 7,481 square feet and a largest size of 10,794 square feet, among the 3 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Santa Clara?
When evaluating the value of a restaurant for sale in Santa Clara, several key factors come into play, including the location's desirability, the restaurant's financial performance, and the overall condition of the property.
- The location's proximity to major attractions like Levi's Stadium, California's Great America amusement park, and the Santa Clara Convention Center can significantly impact the restaurant's foot traffic and revenue potential.
- The restaurant's financial performance, including its average annual sales, profit margins, and cash flow, provides insight into its viability and potential for growth.
- The condition of the property, including the size and layout of the dining area, kitchen, and storage facilities, as well as the age and condition of equipment and fixtures, can affect the restaurant's operational efficiency and appeal to customers.
Currently, there are 3 available listings of restaurants for sale in Santa Clara, with an average price per square foot of $380 USD and an average size of 7,481 square feet. The largest available listing is 10,794 square feet, and the average cap rate is.
