Bridgeport, Connecticut, the most populous city in the state, offers a unique opportunity for investors to capitalize on the growing demand for restaurants. With a rich industrial history and a population of around 150,000, Bridgeport presents a diverse customer base for restaurants. The city's cultural diversity, educational institutions, and numerous public parks make it an attractive location for restaurants that cater to various tastes and preferences. Additionally, the city's infrastructure, including Sikorsky Memorial Airport and the public transportation system, provides easy access to the city, making it an ideal location for restaurants. The average price per square foot for restaurants in Bridgeport is $748 USD, with an average size of 2,771 square feet and a largest size of 4,102 square feet. The average cap rate for restaurants in Bridgeport is 6.25%. With 2 restaurants for sale in Bridgeport, investors have a wide range of options to choose from.
Bridgeport'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 options for residents, from luxury apartments to affordable housing. Shopping centers in Bridgeport provide a convenient location for residents to shop and dine. Specialty properties, such as office buildings and warehouses, cater to the city's growing business community. Hotels in Bridgeport offer comfortable accommodations for visitors and business travelers. With its diverse range of commercial properties, Bridgeport presents a unique opportunity for investors to diversify their portfolio. The city's cultural attractions, educational institutions, and public parks make it an attractive location for businesses and residents alike. Overall, Bridgeport's restaurant scene is a key component of the city's commercial landscape, offering a unique opportunity for investors to capitalize on the growing demand for restaurants.
What is the average cost per square foot for a restaurant in Bridgeport?
For those interested in purchasing a restaurant in Bridgeport, the average cost per square foot is $748 USD per square foot, with an average size of 2,771 square feet and a largest size of 4,102 square feet, among the 2 available listings.
What factors determine the value of a restaurant for sale in Bridgeport?
When evaluating the value of a restaurant for sale in Bridgeport, several key factors come into play, including:
- Location, with proximity to major transportation hubs like Interstate 95, Route 8, and the Bridgeport & Port Jefferson Ferry service, as well as accessibility to the city's diverse neighborhoods, such as Downtown, the East Side, and the West Side, impacting foot traffic and customer demographics;
- Size and layout, with the average restaurant size in Bridgeport being 2,771 square feet, and the largest available space being 4,102 square feet, affecting seating capacity, kitchen efficiency, and overall operational costs;
- Financial performance, including the average cap rate of 6.25%, and the average price per square foot of $748 USD, influencing the restaurant's profitability, cash flow, and overall value.
