One of our specialties is restaurants and we are often posed many questions by our clients, potential buyers, tenants, and real estate colleagues. Some of the questions include what are typical revenues per square foot, what should rent be based on sales figures, does the business have value beyond the real estate, and what is the optimal size? The size is an interesting question because in theory, the larger the size, the more potential revenues, but that also comes with more responsibility, greater overhead, and higher risk. To further investigate, I searched the Tucson metropolitan area for the largest restaurants, as shown below and we found some common themes. Some of the common themes include family oriented restaurants, buffets, and that several of the restaurants have since been demolished or closed down. The general trend seems towards a shrinking size, but there are some new restaurants that are huge, such as Dave & Busters, The Yard, and Lin’s Buffet.

AM Valuation Services can serve your appraisal needs including:

  • Reviews
  • Vacant Land
  • Apartments
  • Mobile Home Parks
  • Shopping Centers
  • Retail Properties
  • Restaurants
  • Industrial Properties
  • Self-Storage Facilities
  • Residential Subdivisions
  • Special Use Properties
  • Office Buildings
  • Hotels
  • Service Stations
  • Indian Lands/Tribal Properties
  • Student Housing
  • Communication Tower Sites
  • Market Studies
  • Elderly Care Facilities

We utilize the following industry sources:

  • Marshall & Swift
  • CoStar
  • Multiple Listing Service
  • RealQuest Professional

2030 E. Speedway Boulevard
Suite 114
Tucson, AZ 85719

To learn more or get an estimate for services, please contact AM Valuation Services at 520-441-9030 orĀ