An Amazing Dive Resort Which Can Grow Your Income!

  • Dive Center For Sale - An Amazing Dive Resort Which Can Grow Your Income!

Indonesia > North Sulawesi > Lembeh Island

Asking Price: 890,000 USD

Cash Flow: Available on request

Sales Revenue: Available on request

Description:

 INTRODUCTION

Lembeh island is one of the top macro dive sites in the world owed to the rich volcanic soil which is home to an array of some of the most spectacular marine creatures imaginable. Year after year, Lembeh is voted as the 10 top dive destinations for macro photography. To many, it is the Mecca for Underwater Photography.

The closest international airport is at Manado, the capital of North Sulawesi. Manado is
accessible via major cities in Indonesia such as Jakarta and Bali (Denpasar), with direct flights from Singapore and some parts of China and greater Asia.

About the DIVE RESORT

This Dive Resort is nestled in a small village of Kelapa Dua (meaning Two Coconuts) on the South West of Lembeh Island. Located in a private yet easily accessible part of the island, the resort is but a 10 minute boat ride away from the port of Bitung.

Building of this resort commenced in 2016 and operations started in the middle of 2017.

The Dive Resort comprises six individual, air-conditioned, en suite villas (each with a
commanding view of the ocean), a dive centre, an open concept kitchen in the restaurant, two bar areas, a double storey staff house and a reception area. Our carefully tendered gardens also include local fruit and vegetables to be harvested for the Resort’s exclusive use.

Fresh spring water is extracted from our land. As for electricity, the resort is equipped with power cables connected to the national grid, which is still at its infancy at the moment. It is worth noting that most areas of Lembeh Island have yet to receive adequate supply of electricity. However, our power supply is more than sufficient as we are additionally powered by gensets. 

All necessary operating licenses are in place - liquor sales, rubbish collection,
peaceful permit, fire extinguishes etc. which is vital to operations.

The resort has been carefully nurtured and is a comfortable place from where to live or to work besides being a viable business to run in the right hands.

Sales price is negotiable and includes the land, buildings and fixtures LSB.
We are open to offer support to the new owner during the transition.

FINANCIAL REPORTING

As operations commenced in the 2nd quarter of 2017, financial reports / information are limited.

EXPANSION / INVESTMENT OPPORTUNITIES

The approximate 6,000 sq meters of land affords space for accommodating at least 4 more Villas. Significant land appreciation opportunities expected in view of highway from Manado to Bitung completion expected in mid 2019, together with an increased in electricity supply (3 phase) by April 2019. There is also a proposed railroad from the South of Sulawesi with its tracks ending in Bitung (no timeline given at present).

SUMMARY:

For Sale:
* Land (title in process);
* Ready Business to run which includes:
** 6 Villas (furnished, air-cond en-suite with hot water);
** 1 double storey Staff House;
** 1 Open Concept Restaurant & Bar;
** Reception & Bar Area;
** Fully equipped Dive Centre with compressor, tanks, weights and rental gears;
** Gen-sets;
** 2 Boats; and
* Investment Opportunities from capital appreciation

Reason for Selling:
Health and Family circumstances

Expansion Opportunities:
Only half of the approximate 6000 sq meters of land is utilized. Thus possible to expand with another 4 Villas (or more depending on business model). Also opportunity for significant land appreciation on completion of the highway from Manado to Bitung mid 2019, together with the increased in supply of electricity (3 phase) within by 1st quarter 2019. There is also a proposed rail-road from the South of Sulawesi with its track ending in Bitung.

Offered Support for the new owner:
Will offer support during transition and am open to discussion. No obligation in asking.

Contact the Seller: