PADI 5 star IDC center for sale in busy Lagos, Portugal

  • Dive Center For Sale - PADI 5 star IDC center for sale in busy Lagos, Portugal

Portugal > algarve > lagos

Asking Price: 105,000 USD

Cash Flow: 95,000 USD

Sales Revenue: Available on request

Description:

Our PADI 5 star IDC center called Lagos Divers is located in a great location in the busy and upcoming city of Lagos in the beautiful Algarve, Portugal. 

Tourism knows a steady growth in this area and so is the dive center, the dive center is operating for 2 years and in 2022 we got a fiber boat with a brand new 300hp Suzuki engine, meaning you won’t have any engine problems for the coming years! Also acquired this year is a brand-new Coltri silent compressor, we have made a big investment in new equipment of Seac and working with them to become a seac dive center as they offer us very competitive rates in equipment. This means that all the big investments have been done and the dive center is ready to turn a great profit without any headaches!

Our dive dive center can be found on multitude of websites, brochures and social media! We are proud to say that we have a large returning customer base. 

Our operations:
In the morning we take certified divers and do confined lessons, in the afternoons our boat goes out for DSD´s, reviews and training dives. We are well located to visit the ocean revival park, which is a top visit for any diver coming to the Algarve and those trips sell out weeks in advanced. 

For the rest we have beautiful reef dives around the cliffs of ponta da Piedade, a highlight above and under water for anyone visiting the Algarve.

Main assets:
all papers in order and fully legal. 
Brand new coltri silent compressor 2023.
Fiber Boat with 12 capacity with a new Suzuki outboard engine 300hp from 2022.
central shop location with low rent. 
recently invested in new equipment. 
Agreement of using a private pool only 5 minutes drive away. 
Brand new multi lingual website and easily manageable.
Strong online booking system which has helped driving up sales.
strong local connections.
For a full list of assets please get in contact.

Only investment that would need to be made is buying a van, at the moment we are using a renault kangoo which works perfectly as the boat is only 5 minutes walk away, but an investment in a van would help increase capacity to go to the pool. The car that we currently use is also privately owned, there is the option of buying it on top for 10k, but then we rather advise to invest a bit more and buy a multi seater van. 

The dive center during the high season is ideally operated with a total of 5 staff, shoulder season 3 staff. 

The dive center is ideal for a couple to run, unfortunately me and my partner have decided to go our own ways and as we build up the dive center together it does not feel right for one of us to continue alone. We are not in a hurry to sell, we want to sell to the right people who we know will keep building the dive center, we will be offering direct help for the first month and still be around for the seconth month after the purchase has been done.

Reason for Selling:
end of relationship

Expansion Opportunities:
advertise more strongly on Instructor development courses during the winter season. Get into a partnership with a local hotel to offer packages to groups in the shoulder season.

Offered Support for the new owner:
2 months of help.

Contact the Seller:

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