Property profile

59299 Overseas Hwy Marathon, FL 33050

OFF-MARKET
Investment properties
Property ID
US18-9353370
Built 1979
Entity Owned 4-yr Hold
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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

Location

59299 Overseas Hwy Marathon, FL 33050
Marathon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
4 recorded transactions
2023
Price N/A
2021
$1.5M
2021
Price N/A
2021
$945,000

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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