Dive Into This Lifestyle

Eastern Caribbean, Caribbean Islands

Seller Financing Available
Dive Into This Lifestyle
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Asking Price: Get Financing: $895,000

Cash Flow: $261,174

Gross Revenue: $1,019,181

EBITDA: N/A

FF&E: $229,384

Inventory: $140,000

Lease Rate: $3,100 /Month

Established: 1983

Dive Into This Lifestyle

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Business Description

Fantasy Island SCUBA Center in Eastern Caribbean

World renowned recreational 5-Star PADI Resort & SCUBA diving center in the Eastern Caribbean. Complementary revenue streams and additional strategic representation benefits: SCUBA Diving & Instruction, Retail Sales of Clothing, Equip. & Accessories and Eco- Tourism & Travel Concierge Services 2-Fully equip. 38-ft custom dive boats. Consistent repeat & loyal customer base for over 30-years. Stable economy/govt (USA friendly). Well-trained staff of professionals in place, long-term leases. *2-homes avail. *Seller financing with seller approval. Please refer to listing number 0101-78088 and advisor Thomas Milana when inquiring.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
6/30/2035
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 3100 Square Footage: 4200 Building Type: retail,marina,wk Terms & Options: TBD Expiration Date: 6/30/2035
Competition:
With 80% of the local market share and only 3 SCUBA licenses issued by the government, this company has no local competition to speak of.
Growth & Expansion:
Although the current owners have grown the business into a very successful enterprise, there remains growth and expansion potential. See confidential memorandum.
Financing:
Seller will finance $295,000 at 6% for 36months equaling $4,940 per month **at sell
Support & Training:
Seller will train for three weeks at no additional cost
Reason for Selling:
Retirement
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Contact the Seller

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Tom Milana

Business Listed By:
Thomas Milana

Transworld Business Brokers, LLC.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Sponsoring Broker:
Andrew Cagnetta

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