Property profile

99 Main St Gloucester, MA 01930

OFF-MARKET
Retail properties & Spaces
Property ID
US38-1133723
Built 2021
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 2021
UPID US38-1133723

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

99 Main St Gloucester, MA 01930
Gloucester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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