Marathon, FL 33050
1 beds | 2 baths | 5150 sqft
Extremely rare opportunity to purchase a Turn-Key Highly Established Florida Keys Boat Rental Business and Marina located in the heart of Marathon Florida in Coco Plum. Opportunity includes a Deep Waterfront Lot that has quick unobstructed access to the Atlantic Ocean & Gulf of Mexico with Boat Dockage including 8 Slips, a well-maintained 5150 sqft Elevated Metal Building, which has 6 roll up doors including multiple that are 14 Ft High, a Fully Built Out Office Space with 1st Floor Bathroom & Laundry, a Paint Booth, Plenty of interior Storage for Boats, an Upstairs 1400 sqft Legal Dwelling, which has been Renovated and includes 1 Bed, 1 Full Bath, a Living Room & Kitchen & Impact Resistant Windows. Business is known for having one of most impressive Pristine Fleet of Rental Boats in the entire Keys including 19 Twin Engine Boats ranging in size from 25ft to 34FT in length including 2 Brand New Boats . The maintenance schedule of the boats are impeccable with each Boat receiving Brand New Paint & New Upholstered Interiors with New Canvas on the T-Tops every 1 to 2 years, updated Electronics & they all received upgraded Twin Yamaha Motors over the last few years. There are 17 custom painted Aluminum Trailers for the Fleet, which are fully registered and road worthy. Also included in the sale is a 2017 Ford F 250 4x4 Work Truck. You will not find any other comparable opportunity available in all of the Keys as this business has been successfully operated since 2007, has an estimated 80% of its business from repeat customers, and at the current list price offers over an estimated 12% Annual CAP Rate with opportunities to easily expand the business & boost annual revenues. So, if you have been dreaming about moving to the Florida Keys and owning your business, you may have just found the perfect opportunity as day 1 of ownership you are cashflowing!!! Financials to be provided once NDA are fully executed.
Listing Office: No Nonsense Real Estate Branch Office
Last Updated: July - 07 - 2022
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