Visalia, California, is an attractive location for investors seeking to purchase a restaurant, with its rich history, semi-arid climate, and strong economy. Restaurants in Visalia for sale offer a unique opportunity to tap into the city's growing demand for dining options, driven by its diverse population of around 130,000 residents. As a hub for agriculture, healthcare, education, and retail, Visalia provides a solid foundation for restaurants to thrive. The city's amenities, including the Visalia Municipal Airport, Visalia Transit, and California State Route 99, make it an ideal location for businesses to operate. Additionally, the presence of institutions like the College of the Sequoias, Fresno State, and Chapman University ensures a steady flow of customers. The city's efforts to preserve its urban forest and historic significance, such as being a stop on the Overland Stage route, also contribute to its appeal.
With 2 restaurants for sale in Visalia, investors have a range of options to choose from. In addition to restaurants, Visalia also offers opportunities to invest in apartment buildings, shopping centers, specialty properties, and hotels. For instance, apartment buildings in Visalia provide a chance to capitalize on the city's growing population and demand for housing. Shopping centers, such as the Visalia Mall, offer a platform for retailers to reach a broad customer base. Specialty properties, like the Fox Theatre, provide a unique opportunity to invest in the city's arts and culture scene. Meanwhile, hotels in Visalia, such as the Visalia Marriott, cater to the city's visitors and business travelers. Overall, Visalia presents a compelling case for investors seeking to diversify their portfolios with a range of commercial properties.
What is the average cost per square foot for a restaurant in Visalia?
Currently, there are 2 available listings of restaurants for sale in Visalia, and the average cost per square foot for a restaurant in Visalia is $308 USD per square foot, with an average size of 14,710 square feet and a largest size of 20,192 square feet.
What factors determine the value of a restaurant for sale in Visalia?
When evaluating the value of a restaurant for sale in Visalia, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Visalia Municipal Airport and California State Route 99, as well as foot traffic in popular areas like Downtown Visalia, influencing the restaurant's visibility and accessibility;
- The size and condition of the property, with average sizes ranging from 14,710 square feet to 20,192 square feet, and the overall condition of the building and equipment affecting the restaurant's functionality and appeal;
- Financial performance, including the average cap rate of , as well as the restaurant's revenue, expenses, and profitability, which can impact the business's value and potential for growth.
