Yuma, Arizona, is an attractive destination for investors seeking to purchase a restaurant, with 2 listings available for sale. Restaurants in Yuma offer a unique opportunity to capitalize on the city's strong agricultural industry, which drives a significant portion of the local economy. As the "Winter Lettuce Capital of the World," Yuma's restaurants can tap into the demand for fresh produce and cater to the seasonal workforce employed in the agricultural sector. The city's strategic location near the borders of California and Mexico, as well as its proximity to the Gulf of California, makes it an ideal spot for restaurants to serve a diverse customer base. Additionally, Yuma's hot desert climate and abundant sunshine create a pleasant atmosphere for outdoor dining and entertainment, making it an attractive location for restaurants with patio seating or outdoor event spaces.
Restaurants in Yuma are just one of the many investment opportunities available in the city. Apartment Buildings, for instance, can benefit from the city's growing population and demand for housing, particularly among students attending Arizona Western College. Shopping Centers can thrive in Yuma's retail corridors, such as the historic downtown district, which features a mix of shops, restaurants, and cultural attractions. Specialty Properties, like those catering to the agricultural industry, can find success in Yuma's business-friendly environment. Hotels, meanwhile, can capitalize on the city's tourist attractions, including the Yuma Territorial Prison and the Yuma Quartermaster Depot State Historic Park. With its unique blend of agricultural, cultural, and recreational attractions, Yuma offers a diverse range of investment opportunities for entrepreneurs and investors alike.
What is the average cost per square foot for a restaurant in Yuma?
According to current market data, the average cost per square foot for a restaurant in Yuma is $531 USD per square foot, with an average size of 4,437 square feet and a largest size of 7,274 square feet among the 2 available listings.
What factors determine the value of a restaurant for sale in Yuma?
When evaluating the value of a restaurant for sale in Yuma, several key factors come into play, including:
- Average price per square foot, which currently stands at $531 USD per square foot, and average restaurant size, which is approximately 4,437 square feet;
- Location, with proximity to major transportation hubs like Yuma International Airport, Interstate 8, and U.S. Route 95, as well as foot traffic in areas like the historic downtown district, influencing property value;
- Financial performance, including average cap rate, which is currently , and the restaurant's overall profitability, which can be impacted by Yuma's strong agricultural industry and tourist attractions like the Yuma Territorial Prison and the Yuma Quartermaster Depot State Historic Park.
