MALTA - Unique opportunity, Centre with 55 years goodwill

  • Dive Center For Sale - MALTA - Unique opportunity, Centre with 55 years goodwill

Malta > St Paul's Bay

Asking Price: 410,000 USD

Cash Flow: Available on request

Sales Revenue: Available on request

Description:

A unique opportunity to purchase one of Europe’s very first dive centers.
Established in 1969 with an impeccable reputation built over 55 years in business

It is time for us to retire and we are looking for someone to take over the running of our center.
Happy to stay on for an agreed period to ensure smooth transition.

You will be acquiring a very successful diving business with a huge loyal client list, built over 55 years in business.
Easy hand over with healthy booking calendar.

What we are offering:
Outright sale of our business, which is registered as a limited liability company, with Maltese bank accounts.
PADI 5 star IDC Center
BSAC Centre of Excellence
BSAC Technical Center
UK Military of Defence approved training Center (ComMAC)

Working stock: 
150 cylinders : majority of which are less than 3 years old
45plus regulators serviced yearly with full service history
45plus BCD’s : most of which less than 3 years old
Large selection of Aqualung/ Fourth Element Wetsuits for Summer and Winter use
All basic equipment ( fins, masks, boots)
20 Suunto Rental Dive Computers
Bauer Verticus Pure Air Compressor
Bauer Poseidon Compressor
Large air bank  system
Blending panel for O2 and Helium
O2Drager booster pump
5 Dive trucks 
Retail stock (Last audited value €80,000)
Work shop for repair of equipment ( wetsuits/drysuits/BCD's/ dive bags, with sewing machines and materials. This generates extra revenue in the low season.
55 years Goodwill
Company registered trademark, 
Modern Web site with ecommerce/payment gateway, 
Social Media Accounts

Center is located on a busy main road, and arterial bus route with great passing trade.
Premises are spread over 2 floors as well as a 4 bedroom staff apartment on the 3rd floor.

Property is owned by us and we are happy to arrange a lease agreement for the premises for a set number of years.

All accounts, Taxes and Vat up to date.
Maltese government license to operate a dive center up to date
License to run a compressor on site (rare to have)

Offers starting at €380,000. 
This is based on how much stock you wish to acquire with the purchase.
Serious enquiries only 

Reason for Selling:
Retirement

Expansion Opportunities:

Offered Support for the new owner:

Contact the Seller:

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