Dive Resort in Palawan Philippines - Assets Rich and Profitable
Listing: Dive Resort
Location: El Nido, Palawan, Philippines
Features: Established in 2023 and located on the beachfront of Bacuit Bay, El Nido, on the Island of Palawan. This dive resort has four income streams – a dive centre, a bar and restaurant, tourist accommodation and a café. It operates from a four-level building (3 floors and a rooftop) of about 650 m². The building takes up all of the 184 m² land plot.
The dive centre comes with 3 fully equipped banker dive boats, 1 fully equipped speedboat, 3 Bauer dive compressors and dive gear and tanks for up to 40 divers. Services offered include PADI dive courses, refresher courses, scuba and snorkelling, overnight dives and fun dives.
The café is on the ground level along with a bar and the reception.
The 2nd and 3rd levels are guest accommodation consisting of 6 private rooms and 5 dormitory rooms. All rooms are furnished to a high quality.
The rooftop (4th level) is a bar and has beautiful bay views.
The building was built in 2023 by the current business owners and cost PHP 40 million. The business is fully staffed, including qualified divers and instructors, with 52 full-time staff and around 10 casual staff. Fully operational and set up, the business has 2 websites, 4 Facebookprofiles and an Instagram account. Total revenue is currently around PHP 6,800,000 a month. The owners are offering the business for sale due to relocation and to pursue other business ventures.
The rental tenure is until 2048, with an option to renew. A Philippine-registered company is included with this offer if required. The asking price includes stock on hand at the time of transfer, and the owner or representative will assist with transitioning. Financial records are available and may be viewed upon inspection and after completing a Non-Disclosure Agreement (NDA).
Tenure: for Sale and Rent
Asking Price: USD 1,465,000
More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist
