Menorca, PADI 5-Star Dive Resort For Sale

Description:
Fantastic opportunity to acquire a well-established, fully operational 5-Star Dive Resort on the beautiful Spanish Island of Menorca in the Balearic Islands. Established in 2004, the original owners have built a comprehensive base of repetitive clients and a solid reputation amongst peers. Son Bou is optimally located in the centre of Menorca's south coast with excellent access to all dive sites and centrally situated in Son Bou, San Jaime and the relatively new resort of Tore Soli Nou. We hold a permit to dive in the local Marine Reserve and as such have our dive boat with mooring right next to it. We operate from a commercial centre, ideally for attracting new customers and the premises are rented on a 10-year renewable contract. Our catchment area covers 5 main resorts which comprise private villas and apartments, multiple 3, 4 and 5* hotels and aparthotels totaling more than 15,000 beds.The dive centre offers a large retail area, an office for registering divers and admin work, kit storage, an indoor classroom facility, a workshop, a shower and a large outside terrace for customers to relax and socialise. Behind the centre we have a large dunk basin and next to it a large private parking area for loading and unloading the vans. Our compressor room was constructed to exceed the requirements of safety legislation covering high pressure environments. We are, amongst others, dealers for all A-rated brands. The diving equipment, including 45 cylinders, is as good as new. Included in the sale are a 5-metre brand-new dive boat (8 - 10 spaces) and two vans (2013 & 2017), with a total of 14 spaces.This is a genuine turnkey opportunity and a great chance for the right people to take this business onwards into the future.
Reason for Selling:
The primary reason for the sale of this business is that the two partners are within a decennium of their retirement. It is for this reason that they start to look early for a sale and new owners, who are committed to further the growth of this business.
Asking Price:
225,000 US$