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Marine Express Retail

Featured For Sale
Okeechobee Road, Hialeah, Miami-Dade County, Florida, 33010, United States
887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL 887 E Okeechobee Rd Hialeah FL
  • Retail
  • Property Type
  • 5,675
  • ft²
  • 11,472
  • Lot ft²
Featured For Sale
Marine Express Retail
Okeechobee Road, Hialeah, Miami-Dade County, Florida, 33010, United States

Details

Updated on November 22, 2024 at 1:29 pm
  • Property ID: FC-887 E Okeechobee Rd
  • Price: $5,900,000
  • Property Size: 5,675 ft²
  • Land Area: 11,472 ft²
  • Property Type: Retail
  • Property Status: For Sale

Description

Marine Express, founded in 1998, a profitable retail business specializing in boating gear, parts, and accessories. Located in Hialeah, Florida, Marine Express is an authorized dealer for major brands such as Yamaha, Mercury, Volvo Penta, OMC Cobra, and Evinrude Johnson BRP. The business boasts a loyal customer base and consistent financial growth, with revenue climbing from $3.5 million in 2017 to $4.8 million in 2023, alongside gross profit margins consistently over 25%. EBITDA has also shown robust growth, showcasing the business’s profitability and potential.

In addition to the business, the property is for sale at $3,000,000.00. The 5,675-square-foot building sits on an 11,472-square-foot lot, strategically located in a C-2 zoning district in Hialeah, and offers a unique opportunity for investors to acquire both a successful business and a valuable real estate asset. Growth avenues include expanding the online presence, diversifying product offerings, and establishing partnerships with marinas and boat manufacturers. With its prime location, strong financial performance, and promising growth prospects, Marine Express represents a compelling investment in the marine industry.

 

  • Business and Real Estate Sale!
  • Substantial inventory of boating gear, parts, and accessories to meet customer demand.
  • Prime Real Estate Location!
  • Gross profit margins have consistently remained above 25%!
  • Experienced Management Team!
  • Marine Express has a number of compelling growth opportunities that can be leveraged to further enhance its value.

Property Documents

887 E OKEECHOBEE RD
  • Address Okeechobee Road, Hialeah, Miami-Dade County, Florida, 33010, United States
  • City Hialeah
  • State/county Miami-Dade County
  • Zip/Postal Code 33010

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