Scubataboga: small diving center with many opportunities for expansion
Panama > > Isla Taboga
Asking Price: 45,000 USD
Cash Flow: Available on request
Sales Revenue: Available on request
Description:
History and Current Situation: The center was founded after an exhaustive search for diving locations in Panama, both on the Pacific and Atlantic coasts. After two years of exploration and considering the tourism potential of Panama, I decided to establish the diving center on Taboga Island, located just 30 minutes from Panama City. The island is known for its proximity to the city, making it an ideal destination for tourists wanting a quick getaway. Since the pandemic, the center has been operating only with scheduled diving excursions due to other personal commitments and more profitable projects in Panama City. Despite this, Scubataboga remains a popular choice for divers. The center is prepared to offer PADI diving courses, diving excursions, discovery scuba diving experiences and kayak, paddle and snorkeling excursions. Strengths: Professionalism in the service with an instructor with 25 years of experience. Excellent geographical location without regional competitors. Good reputation and local recognition. Possibility of expansion of related services. Opportunities: Proximity to the new cruise terminal on the Amador causeway, which will bring more tourists. Implementation of a sales program with hotels and tour operators. Growing interest from interns and workers through web platforms. Weaknesses: Investment need for equipment repair and improvements in the center. Currently without staff in charge. Sale price: The sale price of the diving center is estimated at 45000, considering the assets and income potential. We are open to reaching a sale agreement while maintaining some connection with the future business to facilitate the transition and ensure recognition in the locality. We have updated the information about the center and you can see more information here: https://bioforma.org/scubataboga/ If you are interested, we can coordinate an interview via meet together with a friend who can help me with the translation into English/Spanish.
Reason for Selling:
Due to other projects and frequent travel, I am unable to dedicate 100% of my time to the dive center. I am seeking a buyer or investor who can realize Scubataboga's full potential.
Expansion Opportunities:
The center has great expansion potential due to its excellent location, proximity to the new cruise terminal and the demand for diving services in the region. There is the possibility of adding new services, such as advanced diving courses, personalized excursions and collaboration programs with hotels and tour operators.
Offered Support for the new owner:
I offer full support during the transition, including training in operations, introduction to the local community, and business contacts. Additionally, I am willing to maintain a connection with the business for a period to ensure the new owner integrates successfully and gains local recognition.
Websites:
www.scubataboga.com
