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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Address Not Disclosed Worcester, MA 01655

4,000 SF
Property ID
Property summary
AI-generated overview

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).

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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