With 5 restaurants for sale in Jacksonville, this city offers a wide range of opportunities for entrepreneurs and investors looking to capitalize on the growing demand for dining options. Restaurants in Jacksonville can represent a variety of investments, from casual eateries to fine dining establishments, and can cater to a diverse range of tastes and preferences. The city's strategic location, with its proximity to the Atlantic Ocean and the St. Johns River, makes it an attractive destination for tourists and locals alike. Jacksonville's infrastructure, including JEA for water, sewer, and electric services, and People's Gas for natural gas, provides a solid foundation for businesses to operate. The city's educational institutions, such as the University of North Florida and Jacksonville University, also contribute to a skilled and educated workforce. Additionally, Jacksonville's attractions, such as the Jacksonville Zoo and Gardens and the VyStar Veterans Memorial Arena, draw visitors to the area, making it an ideal location for restaurants. Overall, Jacksonville's unique blend of amenities, infrastructure, and attractions make it an excellent place to invest in a restaurant.
Restaurants in Jacksonville are just one aspect of the city's diverse commercial landscape. The city is also home to 5 apartment buildings, shopping centers, specialty properties, and hotels, offering a range of investment opportunities. Apartment buildings in Jacksonville provide a steady stream of income, while shopping centers offer a chance to capitalize on the city's growing retail market. Specialty properties, such as office buildings and warehouses, can cater to the city's diverse range of industries, from distribution to biomedical technology. Hotels in Jacksonville, meanwhile, can take advantage of the city's thriving tourism industry, with attractions like the Jacksonville Zoo and Gardens and the VyStar Veterans Memorial Arena drawing visitors from across the region. Overall, Jacksonville's commercial landscape offers a wealth of opportunities for investors and entrepreneurs, with its unique blend of amenities, infrastructure, and attractions making it an attractive destination for businesses of all kinds.
What is the average cost per square foot for a restaurant in Jacksonville?
The average cost per square foot for a restaurant in Jacksonville is $531 USD per square foot, with an average size of 6,829 square feet and a largest size of 24,080 square feet among the 5 available listings.
What factors determine the value of a restaurant for sale in Jacksonville?
When evaluating the value of a restaurant for sale in Jacksonville, several key factors come into play, including:
- Location, with proximity to major transportation hubs, tourist attractions, and local amenities like parks and waterfront views influencing foot traffic and customer demand;
- Financial performance, including average sales per square foot, profit margins, and cash flow, which can impact the restaurant's ability to attract and retain customers;
- Physical characteristics, such as the size and condition of the property, including the 6,829 square feet average size and 24,080 square feet largest size, as well as the overall ambiance and décor.
