FOR SALE
633549
A fully equipped dive center geared towards training, sales, and servicing is now available for acquisition. This thriving business features a spacious main shop floor accessible from both the main road and a large parking area. The center includes a well-equipped service room for suit and regulator services, a generous stock room with packing and shipping facilities, and a large classroom for training sessions. Additional storage consists of two smaller stock rooms, a compressor/plant room, and a medium-sized storage area.
Included in the sale are all assets, such as inventory valued at £83,000, as well as equipment for blending, gas filling, servicing, and training, estimated at around £25,000. Fixtures and fittings are also part of the deal. Renting the space provides convenience as it covers electricity and water costs. Additionally, the business benefits from a small business rate exception.
Post-COVID, the dive center has scaled down operations, currently open three days a week. This setup allows for easy expansion if desired. The business is ideally suited for shared ownership among a group of passionate divers or for acquisition by a larger company that can manage it as an investment and devote the necessary attention for future growth. The owner is selling to focus more on international diver training and the production of online learning materials.
The dive center has an established reputation within the scuba diving community, boasting a dedicated customer base. It offers a fully stocked retail store with a wide range of diving equipment and accessories, and is staffed by experienced, certified professionals who provide expert training and guidance. The center features various scuba diving trips and courses tailored to all skill levels and maintains a strong online presence and marketing initiatives to attract new customers.
This scuba diving business has been in operation for 12 years, with the current owner having acquired it in 2018. The location benefits from proximity to the motorway and various shops and restaurants, and the area is earmarked for council redevelopment, which is expected to drive future customer growth. Competition is limited, with only one smaller local shop in the vicinity.
The sale includes all necessary fixtures, fittings, and equipment, all of which contribute to a tidy and clean setup—essentially a turn-key operation. Although recent years have seen a decrease in turnover due to reduced opening days, profitability has improved as the business transitioned to a more owner-operated model. There is potential for a new owner to scale operations back to full capacity.
Currently, there is one employee, and the business operates an informative online store. The owner is willing to provide a one-month training and handover period for the new owners. The established scuba diving company is located in the town center of Bury, Manchester, and is offered at a leasehold price of £90,000, with the current turnover reported at £275,000. The annual rent is £12,600, and the profit margin stands at £15,000. All stock is included in the sale, and accounts are available for review. Offers are invited for this attractive small business with a car park, positioned close to local amenities.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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