Chino, California, offers a unique opportunity for investors to tap into the city's growing economy with its diverse range of restaurants for sale. With a population of around 90,000, Chino provides an ideal setting for restaurants to thrive, thanks to its strategic location near Los Angeles County to the west and Orange County to the south. Restaurants in Chino can cater to a diverse customer base, including students from the Chino Valley Unified School District, employees from the California Institution for Men and California Institution for Women, and visitors to the Chino Hills State Park. The city's infrastructure, including the Chino Valley and Pomona freeways, ensures easy accessibility for customers. Additionally, Chino's hot-summer Mediterranean climate makes it an attractive destination for outdoor dining and entertainment. With 9 restaurants for sale, investors can find the perfect opportunity to establish a successful business in this growing city.
Chino's restaurants offer a unique blend of culinary experiences, from casual eateries to fine dining establishments. The city's economy is diversified, with major employers including the California Institution for Men and California Institution for Women, as well as the Heman G. Stark Youth Correctional Facility. In addition to restaurants, Chino also offers a range of other investment opportunities, including apartment buildings, shopping centers, and specialty properties. The city's hotels, such as the Chino Hills Hotel, also provide a convenient option for visitors. With its growing arts scene and annual events, Chino is an attractive destination for tourists and locals alike. Overall, Chino's restaurants for sale offer a unique opportunity for investors to tap into the city's growing economy and diverse customer base.
What is the average cost per square foot for a restaurant in Chino?
As of now, there are 9 available listings of restaurants for sale in Chino, and the average cost per square foot for a restaurant in Chino is $675 USD, with an average size of 130,950 square feet and a largest size of 380,495 square feet, making it an attractive option for entrepreneurs looking to invest in the city's growing food scene.
What factors determine the value of a restaurant for sale in Chino?
When evaluating the value of a restaurant for sale in Chino, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Chino Valley and Pomona freeways, as well as accessibility to local amenities and attractions, impacting foot traffic and customer draw;
- Size and layout, with an average size of 130,950 square feet and a largest size of 380,495 square feet, influencing seating capacity, kitchen efficiency, and overall operational costs;
- Financial performance, including the average price per square foot of $675 USD and an average cap rate of 10.05%, which can indicate a restaurant's profitability and potential for growth.
With 9 available listings of restaurants for sale in Chino, understanding these factors is crucial for buyers and sellers alike to determine a fair market value.
