Address Not Disclosed Worcester, MA 01655
- Retail properties
- 4,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Address Not Disclosed
- Property size
- 4,000 SF
- Property type
- Retail properties
Description
This thriving party and event rental business in Worcester, Massachusetts is offered for sale at $249,000. The business boasts a strong reputation and provides a comprehensive inventory of party supplies, including tents, tables, chairs, dishware, and linens, offering one-stop shopping for clients. All equipment and fixtures are in excellent condition, with several new tents on order. The business operates from a leased 4,000 square foot space, with a newly renovated 3,000 square foot warehouse featuring a drive-in door, and an additional 1,000 square feet dedicated to showroom and office space. The lease expires December 31, 2024. The business enjoys a limited competitive landscape and benefits from its convenient location with excellent access to major highways. Included in the asking price are all inventory, furniture, fixtures, and equipment (FF&E). The current owner employs five people and will provide two weeks of support and training to ensure a smooth transition. The reason for sale is the owner's retirement. This presents a unique opportunity to acquire a well-established, profitable business with significant growth potential. The business is located in Worcester, MA, zip code 01655 (exact address undisclosed).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7588
- Latitude
- 42.2717
