SOLD!!! FOR SALE PADI 5 Star / TecRec Dive Resort over the Caribbean Coast of Panama

  • Dive Center For Sale - SOLD!!!  FOR SALE PADI 5 Star / TecRec Dive Resort over the Caribbean Coast of Panama

Panama > Central America Caribbean

Asking Price: 135,000 USD

Cash Flow: Available on request

Sales Revenue: Available on request


LOCATION: We are oceanfront located on a Castle like facilities of a well known restaurant of town called El Castillo de Portobelo, at Panamanian Caribbean. The area is a beautiful National Park and one of the biggest biodiversities in the world with more than 53 species of corals classified. 

The ocean and fine white sand beaches that surround the area are a tourist attraction containing a variety of marine fauna that visitors enjoy with all its splendor and wonderful natural scenery for snorkel and diving, but it is not unusual to find artifacts of colonial times, such as bullets from guns or cannons, antique buttons and a number of relics left by the large number of battles among pirates, Corsairs and the Spanish armada, as it was a gold transfer port of the Spaniards in the area.

We have been in operation for more than 4 years in the area. Life in this old historical village, founded in 1597 by Spanish explorer Francisco Velarde and Mercado is quiet between the sea and rainforest, slow and casual. 

CUSTOMERS: Mainly our customer finds us through our website using Google and book online through our system. Also they are referred by partners as Scuba Diving Instructors/Schools, Hotels/Resorts and tourism operators.  Panama and Colon City have more than 10,000 hotels rooms and suites, quite close from operations so is easy for access and mainly they come for the day dive/snorkel tour, sometimes also to visit the old ruins and “Black Christ” church at Portobelo 

BOATS: One owned 26’ Dive Boat w/2 140HP Four Stroke for 10 divers and one 24’ Dive Boat w/ single 90HP Four Stroke Outboard on leasing, both in great conditions.

REAL ESTATE: The leased property at our operation has its own pier and another one share with the restaurant that runs upper floor of the Castle with a fabulous terrace over the ocean, which makes an easy deal offer to have a day package with transportation and lunch. Also, a visit to town can be included. Five minutes from the dive operation there is a white sandy beach that provides excellent training grounds for confined and open water dives.  Leasing is still running for three years with option for renewal another five years.

LEGAL STATUS: The Dive Operation is owned by a Panamanian Corporation, everything is already set up, with no liabilities and all government permits in good standing. The corporation is ready for purchase by any foreign national. We can provide our trusted English-speaking legal support team to represent our company for the transition of ownership and legal support for the immigration application service as well. Also, is included the registered brand name of the operation, website, social networks and PADI resort affiliation as 100% Aware 5* Dive Resort.

Reason for Selling:
Owners wish to pay close attention to their other business.

Expansion Opportunities:
Approved permit for expansion over the ocean.

Offered Support for the new owner:
The owners are also willing to train up the buyer and any new staff for up to 30 days after the business has been sold. If you have questions and are ready to invest in your slow and casual Caribbean lifestyle in Panama!