Beaumont, Texas, offers a unique opportunity for investors to tap into the city's diverse economy and growing population of around 120,000 people. Restaurants for sale in Beaumont present an attractive investment option, given the city's strong presence in industries such as petrochemical refining, rice farming, and port activities. With a rich history and a resilient community, Beaumont has attracted various corporations, including ExxonMobil, Goodyear, and DuPont, making it an ideal location for businesses to thrive. The city's amenities, including the Beaumont Botanical Gardens, Tyrrell Park, and the Crockett Street Entertainment Complex, create a desirable environment for residents and visitors alike. Additionally, Lamar University and Lamar Institute of Technology provide a steady flow of students and professionals, creating a promising market for restaurants.
With 6 restaurants for sale in Beaumont, investors have a range of options to choose from. Beaumont's restaurants offer a unique blend of Southern hospitality and Texas charm, making them an attractive option for those looking to invest in the food industry. In addition to restaurants, Beaumont also offers other investment opportunities, such as apartment buildings, shopping centers, specialty properties, and hotels. For instance, apartment buildings in Beaumont provide a steady income stream, while shopping centers offer a diverse range of retail options. Specialty properties, like those near the Port of Beaumont, offer a unique opportunity to tap into the city's industrial sector. Hotels in Beaumont, such as those near Lamar University, cater to the city's growing tourism industry. Overall, Beaumont presents a diverse range of investment opportunities, making it an attractive location for investors looking to diversify their portfolios.
What is the average cost per square foot for a restaurant in Beaumont?
The average cost per square foot for a restaurant in Beaumont is $412 USD per square feet, with an average size of 4,524 square feet and a largest size of 6,308 square feet available among the 6 listings currently on the market.
What factors determine the value of a restaurant for sale in Beaumont?
The value of a restaurant for sale in Beaumont is determined by a combination of factors, including:
- Location, with proximity to major infrastructure components such as the Port of Beaumont, ExxonMobil Beaumont refinery, and Goodyear Beaumont chemical plant, as well as accessibility to major transportation facilities, influencing foot traffic and customer demographics;
- Size and layout, with the average restaurant size in Beaumont being 4,524 square feet, and larger restaurants like 6,308 square feet commanding higher prices;
- Financial performance, including the average cap rate of 7.32% and the average price per square foot of $412 USD, which can impact the overall value of the restaurant.
