Huntington Beach, California, is a prime location for investing in restaurants, with its strong tourism industry and local economy driven by manufacturing and retail. Restaurants in Huntington Beach offer a unique opportunity for investors to capitalize on the city's popularity among surfers, outdoor enthusiasts, and visitors drawn to its beautiful beaches and mild climate. As a popular destination, Huntington Beach attracts a diverse range of customers, from locals to tourists, creating a steady stream of potential patrons for restaurants. The city's amenities, including its hospitals, parks, and sports facilities, also contribute to its appeal as a great place to live, work, and invest. Additionally, the presence of major corporations like Boeing and BJ's Restaurant & Brewery further solidifies Huntington Beach as a hub of economic activity. With its ideal location, amenities, and strong economy, Huntington Beach is an attractive location for restaurant investors.
Huntington Beach is home to 6 restaurants for sale, offering a range of investment opportunities. From casual eateries to fine dining establishments, restaurants in Huntington Beach cater to a diverse range of tastes and preferences. In addition to restaurants, Huntington Beach also offers investment opportunities in apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Huntington Beach provide a steady stream of rental income, while shopping centers offer a diverse range of retail spaces. Specialty properties, such as those catering to the city's surfing culture, offer a unique investment opportunity. Hotels in Huntington Beach, with their proximity to the beach and local attractions, are also a popular investment choice. With its diverse range of investment opportunities, Huntington Beach is an attractive location for investors looking to capitalize on the city's strong economy and tourism industry.
What is the average cost per square foot for a restaurant in Huntington Beach?
The average cost per square foot for a restaurant in Huntington Beach is $1,770 USD per square foot, with an average size of 5,455 square feet and a largest size of 16,604 square feet among the 6 available listings.
What factors determine the value of a restaurant for sale in Huntington Beach?
When evaluating the value of a restaurant for sale in Huntington Beach, several key factors come into play, including:
- Location, with proximity to popular attractions like the beach, pier, and downtown area, as well as the demographics of the surrounding neighborhood, influencing foot traffic and customer base;
- The restaurant's size, with an average size of 5,455 square feet, and condition, including the age and quality of equipment, fixtures, and overall infrastructure;
- Financial performance, including the average cap rate of 6.16%, and sales data, such as revenue and profitability, which can impact the restaurant's value and desirability to potential buyers.
