MergerPlace

A Well Established Padi 5 Star Dive Cent

Broward, Florida


  • Asking Price: $2,700,000
  • Gross Income: $2,552,530
  • Cash Flow: $658,113
  • Real Estate: Not Disclosed
  • Inventory: $1,000,000
  • FF&E: $600,000
  • Listing ID: #213655
  • Established: 1997
  • Employees: 8

Business Description

Selling as a going concern, this highly profitable Dive Shop is now up for sale. Established in 1999 as the iconic 'Dive Shop', this store and its offerings have a top reputation for quality dive gear products. Revenue streams come from Divers Supply, SCUBA Diving & Instruction, a worldwide mail-order/internet team (which makes up +/- 40% of the revenue), and a Service Department. The store is a SDI, TDI, ERDI and PADI facility with fully trained and certified Instructors and SCUBA divers on staff. The shop has two full-size classrooms, an onsite pool and one of the biggest dive boats in the area. All potential buyers must be approved by the seller before any information is given out.
*Seller financing available for a well-qualified buyer*
THE TRANSACTION
• Type of Transaction Asset Purchase and Sale or Stock
• Included in Sale Names, Goodwill, Contracts, All Equipment, Other Fixed Assets, Inventories (1,000,000), Boat, Transition Period, Agreement Not to Compete.
• The Company operates out of owned facilities.
Not Included in Sale Seller retains Current receivable and Pays All Current and Long-Term Liabilities. Please refer to Listing 0101106249 Business Broker Annis Cherkaoui when inquiring about this listing.


Business Details

Primary Business Category: Fishing, Hunting & Trapping
Location: Florida
Metropolitan Area: Broward

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $2,700,000
Gross Revenue: $2,552,530
Cash Flow: $658,113
FF&E: $600,000
Inventory: $1,000,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 12000 Square Footage: 7600 Building Type: free standing Terms & Options: Open Expiration Date: 4/23/2020

Competition:

Non Compete : Miles: 10000 Years: 5

Reason for selling:

Other Interest

Support & Training:

Seller willing to train fro 4 weeks at no cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Annis Cherkaoui

Transworld Business Brokers