Successor wanted for profitable diving company with 16m vessel in Phuket, Thailand!
Thailand > Phuket
Asking Price: 300,000 USD
Cash Flow: 120,000 USD
Sales Revenue: Available on request
Description:
The diving company based in Rawai, Phuket was founded in 2014. Steady growth and a targeted, strategic realignment prompted the two owners to expand in 2019 and purchase vessel for diving. This enabled the company to reposition itself in a new and extremely successful niche. The business model includes individual diving in small groups and private settings, away from the mass diving industry that is common in Phuket. The dive boat is approved for 20 people plus 3 crew but is geared to a maximum of 12 divers in order to maintain its exclusivity. Financial assets Established PADI 5-Star dive center, which was previously operated by 2 people Operational diving ship with a well-rehearsed and reliable crew Excellent reputation (with over 300 5-star Google ratings) Bilingual website ENG / DE with extensive content and top ranking in German Social media channels such as Facebook, Instagram and YouTube Large, long-standing and returning customer base Contracts with renowned tour operators 20 “shipping container, converted into a swimming pool with a viewing window Various furniture for the office and shop Car (Honda CR-V) and scooter 4 million Baht Thai Company with 2 work permits, TAT license, Phi Phi Islands National Park license, renewed ship license, insurance, etc. Contracts with European travel agencies And much more… The heart and the key to success is the charming diving vessel, which was refitted by the owner in 2019. In the past two years, all necessary maintenance work has been carried out on a regular basis and various adjustments and improvements have been made. The reliable and safe vessel is operating every day and is in pristine condition. Expect no costly repairs. On board there is an air compressor, 15 diving cylinders, 10 BCD’s in different sizes, 8 regulators, various diving suits, masks and fins. In addition to the usual boat equipment, the inventory also includes a new dinghy with an outboard engine a kayak and a SUP.
Reason for Selling:
Reasons for selling - you should go when it's most beautiful! A lifelong dream has already come true for the owners. The time is now ripe to tackle a new, adventurous project.
Expansion Opportunities:
3 main reasons for choosing Phuket
Excellent diving with an enormous amount of fish and an impressive biodiversity. Diving takes place all year round, with the main season running between October and April. The tropical climate ensures pleasant air and water temperatures all year round.
Phuket Island blends western convenience with Thai serenity. Visitors can move freely and safely to explore the country and its people up close. In addition to diving and relaxing on dream beaches, there are countless other leisure activities that guarantee an eventful and unforgettable vacation.
A popular holiday destination with easy arrival thanks to direct flights from many countries around the world. Phuket has the second busiest international airport in Thailand with excellent flight connections.
Recipe for success
The diving company is run by the two owners with great personal commitment and tireless efforts. This reflects the philosophy where the focus is on the experience and not on profit. Diving enthusiasts and ocean lovers, or those who want to become one, will appreciate this.
During the pandemic, the owners managed to maintain operations with new, creative fields of activity, among other things. This can also be attributed to an independent and cost-lean entrepreneurial structure.
Current potential for expansion
Since the entry requirements and Covid restrictions for Phuket were relaxed, the demand for diving activities and diving courses has increased sharply from the start. The offer, in turn, is no longer available indefinitely and a redistribution is currently taking place in Phuket. This opens unique opportunities to increase the volume, including sales and profit, with appropriate resources (personnel, financial resources, shop location, etc.). Another line of business that can be expanded is the yacht service that has already started (ship hull cleaning and inspections, etc.).
Selling price
The sales price is 10 million Baht (approx USD 300’000) and consists of the assets as well as the sales and profit to be achieved in the next 5 years.
Further insights into the business books are gladly granted in a personal meeting on site or via video telephony.
Turnkey and secure source of income, tried and tested for many years and found to be excellent!
Are you interested? The timing is good to write your own story in the land of smiles.
Offered Support for the new owner:
Websites:
alohadiving.com
