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 Lanta Scuba Diving Center

                            

FOR SALE !!

 

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1.   Asking price 100.000 euro. Based on assets, location, and of course              revenue

2.   Revenue 3 - 4 million yearly, profit appr 20 % based on 5 month season          (nov-march)

3.   Season 2009-2010   400 customers   average 2.5 day diving

4.   Repeat customers from last season:  5%  (increasing last 2 seasons)               due to better customer relations/communication (website)

5.   Last 2 seasons customer base :  25% german (website/repeat                          cust./walkins), 30% dutch (website/repeat cust/walkins), rest                             miscellaneous

6.   TAT license PADI dive centre (TAT renamed OTD)

7.   Accountant certified accounts. Accountant also does our taxes etc.

8.   Thai Company Limited.  6 million baht company including 3 foreign                 working permits. several Thai partners on paper. no active Thai partners

9.   14 sets of gear 2 year old, serviced. (regs + bcd's)

10.  25 wetsuits, 25 pair of fins, 45 mask/snorkel

11.  weights/belts/training materials, etc etc etc

12.  28 12 ltr tanks (din/int) aluminium,  tank fills done by 3th party (90                      baht/tank, incl pick up and delivery)

 

       3 year lease  prime location on main street Saladan

 

Local staff (shop girls, captain, boat boy) are hired on the spot, however we are working with same boat boy and captain last 2 seasons, very good with customers and trustworthy. Normally we also hired a European shop girl in order to communicate better with our customers.

Last seasons we employed a couple of freelance instructors, we try to work with same ones if possible. Some of the teaching we tried to do ourselves, but especially in busy season this is not possible.

Pool: we have a deal with Garden Home resort, beautiful infity pool, and excellent service. Also great (20 mtr from sea) to let your students after confined sessions get a taste of the real thing. This pool was sought after by the other dive centres, but the hotel only wanted to work with us. Especially in Thailand it is important to have good relations with the resorts, hotels, all local people actually.

 

The shop is closed in low season, this is for us between April and October. That means we close everything down, the boat goes in dry-dock and all gear is washed, serviced and stored away. Every October we come back to the island and start everything up again. Minor costs to start up, such as paint job inside shop, repair of small stuff (pier) etc, and back in business.

 

This dive centre is at the moment typically ' in between '  small and big. Due to our location, boat and state of equipment ready to grow bigger (revenue, nr. of customers) . In order to achieve this, the new owner has only to put effort in marketing and customer relations, all other investments are done last season (new boat, new engines, tuk-tuk, equipment etc etc.)

This brings us immediately to the reason to sell.

 

The dive centre is operationally run by 2 partners (Mark and Matt) and there is 1 silent partner with minor stock. Both Mark and Matt are also busy in other areas of business (consultancy & engineering) and this is quite difficult to manage both together with operational running the dive center. e see it grow, we see that our ideas are successful, and now we had to choose between the dive center and our other businesses. Very hard choice indeed, and we hope to find somebody who can actually make this dive center the success it deserves (and which is very much possible).

 

Including in the deal is that we will help the new owner(s) if required the first period, especially when the owner is not yet familiar with Thai rules and way of working ;-))

 

If you are looking to expand an existing dive business, this might be a perfect opportunity to get a hold on Koh Lanta, very much upcoming tourist destination, which you probably already know.

The last 2 years a lot of new resorts have been set up, and the 'bigger'  resort companies are looking at Lanta.  .

 

www.lantascuba.com

 

 

 

 

 

 

 

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Design By M. Broek