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    OFF-MARKET
    Investment properties

    59299 Overseas Hwy, Marathon, FL 33050

    Built 1979
    Entity Owned 4-yr Hold
    Property ID
    US18-9353370
    Property summary
    AI-generated overview

    This exceptional business opportunity presents the chance to acquire a well-established delivery service operating in Marathon, Florida, since 1985. Priced at $199,999, the sale includes all company assets, ensuring a seamless transition for the new owner. The business boasts a comprehensive infrastructure, encompassing all necessary vehicles – complete with experienced drivers who will remain with the company under new ownership – established websites, active phone numbers, and a robust client base. Existing contracts with local restaurants for food delivery and the Marathon airport provide a solid foundation for continued success. The extensive client list, including established agreements, offers immediate revenue streams and a strong platform for future expansion. Furthermore, the existing advertising on the vehicles will transfer with the sale, providing immediate brand recognition and marketing opportunities. Significant growth potential exists through expansion into untapped markets, including the Key West airport, other Florida Keys islands, and even exploring partnerships with Miami limousine services. This is a rare opportunity to acquire a profitable, turnkey business with significant upside potential in a thriving tourist destination. The sale includes all assets, allowing for immediate operational continuity and a smooth transition for the new owner. This is a truly unique opportunity for an entrepreneur seeking a well-established and profitable business in a desirable location.

    Property profile
    Verified
    Property type Investment properties
    Year built 1979
    UPID US18-9353370
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Joanne Marie G K LLC · 4 yrs held
    Joanne Marie G K LLC
    since 2021
    4 recorded transactions
    2023
    2021
    $1.5M
    2021
    2021
    $945,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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