Stamford, Connecticut, is a prime location for investing in restaurants, with its diverse economy, rich history, and cultural attractions. Restaurants in Stamford offer a unique opportunity for entrepreneurs and investors to tap into the city's strong financial sector, which is home to Fortune 500 companies like Charter Communications, Harman International, and Synchrony Financial. Additionally, the city's tourism industry, driven by its proximity to New York City and its own cultural attractions, provides a steady stream of customers for restaurants. Stamford's amenities, including its parks, sports facilities, and educational institutions, make it an attractive location for businesses and residents alike. The city's infrastructure, including its transportation hubs and major roads, provides easy access to the surrounding area, making it an ideal location for restaurants that cater to both locals and visitors.
With 2 restaurants for sale in Stamford, investors have a wide range of options to choose from. From fine dining establishments to casual eateries, there are opportunities to invest in restaurants that cater to a variety of tastes and budgets. Stamford's restaurant scene is complemented by its other commercial properties, including apartment buildings, shopping centers, specialty properties, and hotels. The city's apartment buildings offer a range of housing options for residents, while its shopping centers provide a convenient location for retail businesses. Specialty properties, such as office buildings and warehouses, offer unique opportunities for businesses that require specialized facilities. Hotels, like the Stamford Marriott Hotel & Spa, provide accommodations for visitors and support the city's tourism industry. Overall, Stamford'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 Stamford?
The average cost per square foot for a restaurant in Stamford is $790 USD per square feet, with an average size of 2,861 square feet and a largest size of 4,305 square feet, making it an attractive option for entrepreneurs and investors looking to establish a presence in this economically diverse city.
What factors determine the value of a restaurant for sale in Stamford?
When evaluating the value of a restaurant for sale in Stamford, several key factors come into play, including:
- Location, with proximity to major transportation hubs, such as the Stamford train station, and high-traffic areas like downtown Stamford and the South End, being highly desirable;
- The restaurant's size, with an average size of 2,861 square feet, and a maximum size of 4,305 square feet, impacting its capacity and revenue potential;
- The restaurant's financial performance, including its average price per square foot of $790 USD and average cap rate of , which can indicate its profitability and growth potential.
