Profitable and Established Dive Shop in Edmonton, Alberta, Canada
Canada > Alberta > Edmonton
Asking Price: Available on request
Cash Flow: Available on request
Sales Revenue: Available on request
Description:
The Dive Outfitters Ltd includes a brick-and-mortar store located in Edmonton (thediveoutfitters.ca) along with a successful online store that sells across Canada (scubagearcanada.ca) This is a unique opportunity to acquire a successful, well-established scuba diving business located in Edmonton, Alberta. With a thriving retail presence, an extensive online reach across Canada, and a loyal customer base, this business is poised for continued growth and profitability under new ownership. Business Highlights: Prime Retail Location: Spacious store located on a busy street featuring a large retail showroom, classroom, rental gear room, maintenance area, and ample storage space. Successful Online Store: ScubaGearCanada.ca serves customers across Canada, offering top-tier scuba equipment and accessories, and it is one of the top online sellers in Canada. Local Courses and Training: In addition to retail sales, the business provides a full range of scuba diving courses and training locally, offering personalized instruction for divers at all levels. Expansive Customer Database: Over 17,000 loyal customers and a strong, growing email list. Experienced Staff: Access to a skilled pool of part-time and contract instructors, divemasters, and dive professionals who are active divers both locally and internationally. Extensive Inventory: Featuring leading industry brands such as Scubapro, Cressi, Sherwood, Tusa, DUI, Sealife, Shearwater, and many more, with a wide selection of gear for both recreational and professional divers. Lucrative Sales: Consistently high sales volume with strong gross and net margins, providing the owner(s) with excellent compensation and benefits, while leaving room for further growth. Turnkey Operation: This business is extremely well-organized with clear processes and procedures in place, making it easy for a new owner to step in and continue operations smoothly. Intellectual Property & Branding: Well-established brand with excellent reputation, two professionally designed websites, multiple domain names, logos, and a strong social media presence. Included Equipment & Assets: -Retail fixtures, storage cabinets, and classroom furniture -Compressor and cascade system -Full array of scuba rental gear, including tanks -Pickup truck for business-related operations -Tools and repair equipment Lease Details: Current retail lease runs for 5 years with negotiable terms. Growth Potential: -Expansion of Services: Increase offerings with more technical diving training, leadership-level courses, and specialized workshops. -Partnerships: Form partnerships with local charters and instructors in Vancouver and Vancouver Island, offering referral training to students. -Market Expansion: Further expand into other watersports gear and courses, growing the customer base even further. -Enhanced Online Presence: Capitalize on social media growth and online advertising to increase sales and brand awareness. -Integration Opportunity: This business is also an excellent fit for an existing scuba diving business looking to expand into the Alberta market and its online retail presence. With an established customer base, successful online store, and trusted brand, this business could seamlessly be integrated into a larger operation, driving growth through an expanded product offering and online reach. Why Edmonton? Edmonton is an ideal location for this business. Albertans have a strong interest in travel and outdoor activities, providing a steady market for scuba and snorkeling gear. The city’s proximity to the West Coast makes it an excellent launching point for dive trips, while the reasonable cost of living ensures a profitable environment for business growth. Reason for Sale: The current owners are looking to retire but are committed to providing a smooth transition. They are happy to mentor and train the new owner during the handover process. Please note that partnerships are not being considered. Interested buyers will be required to sign an NDA for further information. This is a rare opportunity to take ownership of a profitable and well-run scuba diving business in a thriving market. Don’t miss your chance to dive into this exciting industry! For more details or to inquire, please contact us today.
Reason for Selling:
Owner retirement
Expansion Opportunities:
Other watersports, more advanced/technical training, more trips/travel within Canada and internationally.
Offered Support for the new owner:
Training on gear maintenance, general management of the business.