Hayward, California, is an attractive location for investors seeking to purchase a restaurant, with 6 listings available. Restaurants in Hayward offer a unique opportunity to tap into the city's diverse cultural scene, rich history, and strong economy. As a popular destination for foodies and families alike, restaurants in Hayward can represent a wide range of investments, from casual eateries to fine dining establishments. With its proximity to educational institutions like California State University, East Bay, and Chabot College, Hayward's restaurants can cater to a diverse clientele. The city's infrastructure, including the Hayward Fire Department, Hayward Police Department, and East Bay Municipal Utility District, ensures a safe and supportive environment for businesses to thrive. Additionally, Hayward's location near major transportation hubs, such as the Bay Area Rapid Transit (BART) stations and Interstate 880, makes it an ideal spot for restaurants to attract customers from surrounding areas. With its unique blend of history, culture, and convenience, Hayward is an excellent place to invest in a restaurant.
Hayward's restaurant scene is just one aspect of the city's diverse commercial landscape. In addition to restaurants, investors can explore opportunities in apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Hayward offer a chance to capitalize on the city's growing population and proximity to educational institutions. Shopping centers, like Southland Mall, provide a hub for retail activity, while specialty properties, such as the Hayward Executive Airport, cater to specific business needs. Hotels, like those near the Bay Area Rapid Transit (BART) stations, offer a convenient option for travelers. With its diverse range of commercial properties, Hayward presents a unique opportunity for investors to find the perfect fit for their business goals. Overall, Hayward's restaurants, along with its other commercial properties, make it an attractive location for investors seeking to tap into the city's economic potential.
What is the average cost per square foot for a restaurant in Hayward?
The average cost per square foot for a restaurant in Hayward is $826 USD per square foot, with an average size of 4,044 square feet and a largest size of 6,315 square feet, among the 6 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Hayward?
When it comes to determining the value of a restaurant for sale in Hayward, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Hayward BART station and Interstate 880, as well as foot traffic and visibility in popular areas like downtown Hayward and Southland Mall;
- The restaurant's size, with an average size of 4,044 square feet, and a maximum size of 6,315 square feet, which can impact seating capacity, kitchen space, and overall operational efficiency;
- Financial performance, including the average price per square foot of $826 USD, average cap rate of 5.43%, and overall revenue and profit margins, which can influence the restaurant's value and potential for future growth.
