Investing in restaurants in Brockton, Massachusetts, can be a lucrative venture, especially considering the city's rich history, diverse economy, and convenient location. Restaurants in Brockton offer a unique opportunity to tap into the city's strong healthcare, education, and manufacturing sectors, as well as its growing population of around 110,000 residents. With a range of amenities, including three hospitals and various sports facilities, Brockton provides an attractive environment for businesses and residents alike. The city's infrastructure, including major highways and a commuter rail system, makes it easily accessible to surrounding areas, including Boston, which is just 20 miles north. Additionally, Brockton is home to several notable institutions, such as Massasoit Community College and Fisher College, which can provide a steady stream of customers for restaurants. With 1 restaurants for sale in Brockton, there are plenty of opportunities to find the perfect investment.
Brockton's restaurants offer a unique blend of local flavor and cultural diversity, reflecting the city's history as a stop on the Underground Railroad and its strong sports programs. The city's economy has diversified beyond its historical reliance on the shoe industry, with major employers in healthcare, education, and manufacturing. In addition to restaurants, Brockton is also home to apartment buildings, shopping centers, and specialty properties, such as the Fuller Craft Museum and the Brockton Symphony Orchestra. The city's hotels, like the Holiday Inn Express, provide accommodations for visitors and business travelers. With its rich history, diverse economy, and convenient location, Brockton is an attractive place to invest in restaurants and other property types. Overall, Brockton's unique blend of history, culture, and economic diversity makes it an attractive place to invest in restaurants and other property types.
What is the average cost per square foot for a restaurant in Brockton?
For those interested in purchasing a restaurant in Brockton, the average cost per square foot is $169 USD per square foot, with an average size of 5,290 square feet and a largest size available of 5,290 square feet, among the 1 available listings.
What factors determine the value of a restaurant for sale in Brockton?
The value of a restaurant for sale in Brockton is determined by a combination of factors, including:
- Location, with proximity to major highways like Massachusetts Route 24 and Route 28, as well as public transportation options like the Middleborough/Lakeville Line of the MBTA's commuter rail system, being highly desirable;
- The size and condition of the property, with average sizes ranging from 5,290 square feet to 5,290 square feet, and average prices per square foot of $169 USD;
- The restaurant's financial performance, including its average cap rate of , as well as its revenue and profit potential, which can be influenced by the local economy and demographics.
With 1 available listings of restaurants for sale in Brockton, understanding these factors is crucial for buyers and sellers to determine a fair market value.
