Strategic Opportunity for 5 Star Scuba Diving Liveaboard Project

Philippines >

Asking Price: Available on request

Cash Flow: Available on request

Sales Revenue: Available on request

Description:

Our focus is to acquire/charter liveaboard yachts and deploy them in different destinations world-­‐wide.

We are headed by a PADI certified Dive Master with extensive experience, having dived a large number of destinations worldwide alongwith Liveaboard experience. 

A highly specialized business which is relatively recession proof, given that it falls under the category of an ‘adventure sport’.

The aim is to offer a world class experience to global customers and to be amongst the best experience providers in the scuba diving liveaboard business, with the highest safety
standards and comforts.

Being a capital intensive business, there is need for equity capital to establish and grow the business.

Significant stake subject to negotiations.

Affirmative Rights and a comprehensive Shareholders Agreement to protect interest of
stakeholders/investors

Sale to a large domestic or international tourism company in 10-12 years.

Reason for Selling:
Not selling but require enthusiastic partners who are willing to invest along with us.

Expansion Opportunities:
First destination : Phillipines Launch a new destination every 2 years in different markets. Develop a foot print across destinations. Some target markets are Philippines, Bahamas, Galapagos, Maldives, Palau, Indonesia, Mozambique, etc. Further expansion into land based luxury dive resorts in different destinations.

Offered Support for the new owner:
The business plan encompasses launching Philippines as the first destination. For this, negotiations are currently underway with different yacht owners for outright acquisition or bareboat charter of a world-­‐class yacht costing approximately USD 1.8-­‐2.0 million with accommodation for 22-­‐24 divers plus crew. Onboard facilities include luxurious double/twin share cabins with air conditioning, ensuite bathrooms, spacious beds, writing desks, picture windows, complete set up for high class underwater photography equipment and best quality dive equipment…with safety being paramount. A highly capable team is already in place in the Philippines for the purpose. Investment will be used towards yacht acquisition/charter and working capital expenses. 7 day charters at each destination, with four dives per day and one night dive. The cost to the customer includes airport transfers, diving, 5 star accommodation, gourmet meals and beverages. 5 year tax holiday from the ‘Phillipines Board of Investments’ for foreign investors.

Contact the Seller: