A Well Established Padi 5 Star Dive Center

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$2,700,000 $2,552,530

Automotive & Boats: Marine Repair, Retail, Parts & Service


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RE: A Well Established Padi 5 Star Dive Center Broker: Annis Cherkaoui

Quick Facts

Asking Price: $2,700,000
Annual Revenue: $2,552,530
Net Profit: Not Disclosed
Cash Flow: $658,113
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 8
BBN Listing #: 4798630
Broker Reference #: 0101106249

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Business Overview:

COMPANY

Selling as a going concern, this highly profitable Dive Shop is now up for sale. Established in 1999 as the iconic 'Dive Shop', this store and its offerings have a top reputation for quality dive gear products. Revenue streams come from Divers Supply, SCUBA Diving & Instruction, a worldwide mail-order/internet team (which makes up +/- 40% of the revenue), and a Service Department. The store is a SDI, TDI, ERDI and PADI facility with fully trained and certified Instructors and SCUBA divers on staff. The shop has two full-size classrooms, an onsite pool and one of the biggest dive boats in the area. All potential buyers must be approved by the seller before any information is given out.
*Seller financing available for a well-qualified buyer*
THE TRANSACTION
• Type of Transaction Asset Purchase and Sale or Stock
• Included in Sale Names, Goodwill, Contracts, All Equipment, Other Fixed Assets, Inventories (1,000,000), Boat, Transition Period, Agreement Not to Compete.
• The Company operates out of owned facilities.
Not Included in Sale Seller retains Current receivable and Pays All Current and Long-Term Liabilities. Please refer to Listing 0101106249 Business Broker Annis Cherkaoui when inquiring about this listing.

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Market Competition and Expansion:

Non Compete : Miles: 10000 Years: 5.

Reason for Selling:

Other Interest.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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