With 2 restaurants for sale in Carrollton, Texas, investors have a wide range of opportunities to capitalize on the city's growing economy. Restaurants in Carrollton offer a unique investment opportunity, as they can cater to the diverse population of around 130,000 residents and visitors alike. Whether you're looking to invest in a family-friendly diner, a trendy cafe, or a specialty eatery, Carrollton's restaurants offer a chance to tap into the city's strong economy. The city's well-structured government, excellent schools, and convenient transportation system make it an attractive location for businesses and residents. Additionally, Carrollton's diverse community, including the largest Korean community in Texas and the southern United States, contributes to the local economy through a variety of Asian restaurants and businesses. The city's amenities, such as the Carrollton Public Library and the 13,000-capacity Tommy Standridge Stadium, also make it an attractive location for families and businesses. With its proximity to Dallas/Fort Worth International Airport and Dallas Love Field, Carrollton is a great place for business and travel.
Carrollton's restaurants are just one aspect of the city's diverse economy, which is also driven by technology, hospitality, and retail. The city is home to major corporations such as FASTSIGNS International, Inc., Halliburton's Easywell, Heelys, Inc., Motel 6 (G6 Hospitality), SECURUS Technologies, and Woot Inc. In addition to restaurants, investors can also explore opportunities in apartment buildings, shopping centers, specialty properties, and hotels. For example, Carrollton's apartment buildings offer a chance to capitalize on the city's growing population, while shopping centers provide a opportunity to tap into the local retail market. Specialty properties, such as office buildings and warehouses, can also be a lucrative investment opportunity. Meanwhile, hotels in Carrollton cater to the city's many visitors and business travelers. With its strong economy and diverse range of investment opportunities, Carrollton is an attractive location for investors looking to expand their portfolio.
What is the average cost per square foot for a restaurant in Carrollton?
As of now, there are 2 available listings of restaurants for sale in Carrollton, and the average cost per square foot for a restaurant in Carrollton is $1,375 USD per square foot, with an average size of 1,714 square feet and a largest size of 2,884 square feet.
What factors determine the value of a restaurant for sale in Carrollton?
When evaluating the value of a restaurant for sale in Carrollton, several key factors come into play, including:
- Location, with proximity to major transportation facilities such as Interstate 35E, the President George Bush Turnpike, and the Sam Rayburn Tollway, as well as access to public transportation through DART Rail, being highly desirable;
- The size and condition of the property, with average sizes ranging from 1,714 square feet to 2,884 square feet, and the overall condition impacting the value;
- Financial performance, including the average cap rate of 5.74%, and the average price per square foot of $1,375 USD, which can influence the sale price of the restaurant.
