Marine Express 887 E Okeechobee Rd

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 Mercury, Volvo Penta, OMC Cobra, and Evinrude Johnson BRP along with providing components from all other major brands. The business boasts a loyal customer base and consistent financial growth, between 2017 to 2023 revenues have increased 37%, alongside gross profit margins consistently over 25%. EBITDA has also shown robust growth, showcasing the business’s profitability and potential. Offered at $3,400,000.00, Marine Express is positioned to continue dominating South Florida's market and can be leveraged to further enhance its value.
In addition to the business, the property is for sale at $2,500,000.00. 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.