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    99 Main St Gloucester, MA 01930

    Sponsored
    For Sale
    $40,000

    Profitable Turnkey Bar, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This turnkey mobile bar business in Gloucester, MA, presents a unique investment opportunity. Established in 2021 and renovated in 2022, this fully equipped bar boasts a 25% capitalization rate and 100% occupancy. The sale includes six summer events already booked. The bar features a brand-new refrigerated trailer with six taps for beer and wine, an LED-lit TV, wireless speakers, a serving table, a CO2 tank, a generator, and a 10x10-foot brown tent. A cash register and transport dolly are also included. The trailer's refrigeration capacity is up to 800 gallons of beer or wine kegs. Averaging $1,500 net cash per six-hour event, this mobile bar is ideal for private events (weddings, corporate functions, etc.) without permits; public events require permits. Located at 99 Main St, Gloucester, MA 01930, this business is priced at $40,000 and offers significant potential for growth and profitability. The business is currently operating at full capacity. This is a rare opportunity to acquire a well-established and highly profitable mobile bar business with a proven track record. The sale includes all equipment and fixtures listed above. The business is ready to generate immediate income.

    Property Features for 99 Main St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built/Renovated
    2021/2022

    HighLights

    • Brand‑new, refrigerated mobile bar for beer and wine service.
    • Equipped with six taps, LED‑lit TV, wireless speakers, serving table, CO2 tank, generator, and a 10x10 ft. tent.
    • Includes a cash register and transport dolly.
    • Refrigerates up to 800 gallons of beer or wine kegs.
    • Averages $1,500 net cash per six‑hour event.
    • Suitable for permit‑free private events; public events require permits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.664224778917
    Latitude
    42.611926350013

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    FAQs

    What type of property is this?
    Restaurant - Profitable Turnkey Bar, High ROI
    Where is this restaurant located?
    The property is located at 99 Main St Gloucester, MA.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Brand-new, refrigerated mobile bar for beer and wine service.; Equipped with six taps, LED-lit TV, wireless speakers, serving table, CO2 tank, generator, and a 10x10 ft. tent.; Includes a cash register and transport dolly.
    Request Owner's contact information
    99 Main St Gloucester, MA 01930
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    99 Main St Gloucester, MA 01930
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