Opportunity: Own a Highly Reputed Dive Center with Whale Watching License on the Natural Terceira Island, Azores.
The Azores Islands - Portugal > Terceira > Praia da Vitória
Asking Price: 165,000 USD
Cash Flow: Available on request
Sales Revenue: Available on request
Description:
OVERVIEW: Located in the scenic Praia da Vitória on Terceira Island, Azores, our established SSI Dive Center is now available for sale. This turnkey operation includes everything needed to continue running a successful dive business, with substantial growth potential for year-round profitability. KEY FEATURES: Strategic Location: Next to the marina, within walking distance of hotels, restaurants, and the island's largest sandy beach. Complete Licensing: Includes the rare Whale Watching license—a significant market advantage with limited availability. YEAR-ROUND REVENUE POTENTIAL: - Whale Watching (March/April to November): Capitalize on peak whale migration with this popular, high-profit activity. - Swim with Dolphins (May to October): Attract global visitors with this unique, in-demand experience. - Diving Season (June to October): Explore a variety of dive sites catering to both beginners and advanced divers. While the business currently operates seasonally due to part-time management, there is significant potential to extend these offerings year-round. By fully developing whale and dolphin watching tours, alongside swim with dolphins experiences, new owners can unlock additional revenue streams and broaden the customer base. DIVERSE CLIENTELE: Attracts tourists from Europe, the USA, and Canada, including certified divers, and non - certified divers, beginners and experienced divers, families, couples and groups of friends. STRONG ONLINE PRESENCE: High customer satisfaction is reflected in excellent reviews across Google, Facebook, and TripAdvisor. An integrated online booking platform streamlines reservations, especially during peak season. ESTABLISHED REPUTATION: Since 2008, renowned for safety, professionalism, and personalized service. Income is diversified through partnerships with travel agencies, local businesses, and word-of-mouth. GROWING MARKET: Terceira Island's tourism is on the rise, with increasing accommodation capacity and new flight connections set to further boost business. INCLUDED ASSETS: BOATS & VEHICLES: - 7.5m Diving Boat: Equipped with a ladder, 12 pax capacity (10 clients + 2 skippers), 175HP engine (2024), and 9.9HP backup engine (2021). Includes EPIRB, GPS & Sonar, VHF, life jackets, very light, flares, and a life raft (2023). - Van DACIA 2020: Essential for gear and staff transport. DIVE EQUIPMENT: - 65 suits, 28 BCDs, 18 regulators, 35 tanks, 10 computers, and more. - Compressor: COLTRI MCH16. - TDS Nitrox Panel & O2 Analyzer. - 2 O2 Emergency Kits. - 6 Stand-Up Paddle Packs FACILITIES: Rented shop with custom design, storage, and private mooring just 50 meters away for easy access to the boat. FINANCIAL PERFORMANCE: While currently slightly profit-positive due to ongoing investments and part-time management, full-time involvement and the development of year-round activities present significant growth opportunities. ASKING PRICE: €150000– Includes all assets, licenses, and goodwill necessary for continued operation.
Reason for Selling:
After years of building this business with love and dedication, we’ve decided to focus on our growing family and increasingly demanding professional careers. With a young son and our family based on the mainland of Portugal, we feel the need to prioritize being closer to them. This decision it reflects our personal circumstances and not the business's performance, which remains strong and growing.
Expansion Opportunities:
1 - Year-Round Operation: Offer whale and dolphin watching tours and "Swim with Dolphins" experiences to attract customers throughout the year and boost revenue.
2 - Growing Tourism Market: Take advantage of Terceira Island’s expanding tourism, driven by new flights and more accommodations, to capture a larger market share.
3 - Diverse Clientele: Broaden service options with combined diving and marine activity packages to appeal to various customers and increase loyalty.
4 - Enhanced Marketing: Use a strong online presence and booking platform to boost visibility through targeted digital marketing and social media.
5 - Local Partnerships: Collaborate with local businesses and travel agencies for joint promotions, and engage with the community to draw in more clients.
6 - Facility Utilization: Optimize equipment and facilities by increasing tour frequency and offering advanced diving courses or specialized experiences.
Offered Support for the new owner:
We will ensure a smooth transition by sharing extensive local knowledge, dive sites, logistics, and trusted local contacts. We’re also available to support new owners during the initial handover period.
Websites:
www.octopusportugal.com
