Menorca, PADI 5 star Dive Resort for sale. Cala Galdana, Balearic Islands, Spain

  • Dive Center For Sale - Menorca, PADI 5 star Dive Resort for sale. Cala Galdana,  Balearic Islands, Spain

Spain > Islas Baleares, Menorca > Cala Galdana, Ciutadella

Asking Price: 266,400 USD

Cash Flow: 199,800 USD

Sales Revenue: Available on request

Description:

Fantastic opportunity to acquire a fully operational PADI 5 star Dive Resort on the beautiful Spanish Island of Menorca in the Balearic Islands
This is a genuine turnkey opportunity and a great chance for the right person to take this business onward into the future. 

Reason for Selling:
The primary reason for the reluctant sale of this business is the three partners now have other interests they would like to pursue. It is for this reason we can no longer dedicate the time and commitment required to further the growth of this business into the areas that we have not already established

Expansion Opportunities:
The Centre has all the authorizations and permissions required to operate and the premises are rented on a 5 year renewable contract, we presently choose to pay the entire rent during the 6 months of summer, May-October which is when we are open, but the dive centre could open all year round for the same costs. This is one of the areas we believe could be developed. With some airlines now flying into Menorca throughout the winter, we believe this could open up more winter opportunities.

Offered Support for the new owner:
Present manager could advise during any transitional period. We have two full time members of staff: 1 Dive Instructor (owner is also an Instructor) and one boat captain, during the summer months we also employ 1 more boat captain and, 2 Dive Masters. All the staff are very professional and know how the centre operates and some of them would be happy to stay on at the centre if required, this would help any transition period go smoothly, or alternatively it could easily be run as a family concern.

Contact the Seller: