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Well known, long established, turnkey Dive and Watersports Center for sale in the United Arab Emirates

Ref No-
AE01312819
Subsector
Asking Price
AED 6,000,000
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Business Synopsis
Asking Price

6,000,000 AED

Annual Turnover

Available on Request

Annual Net Profit

Available on Request

Audit Report

Available on Request

Total No. Of Staff

15

About the Business
Turnkey Dive & Watersports Business for Sale UAE with satellite center 

PADI 5 Star Dive Centers with watersports facilities for sale based in Fujairah on the UAE’s East Coast. 1.5 hours' drive from Dubai. Asking price AED 6,000,000 Sales Revenue: Available on request.

• The primary dive and watersports center was established in December 2002 at the 
opening of the Le Meridien Al Aqah Beach Resort and remains under the same 
management to the current time. The 5-Star Le Meridien Al Aqah has 218 sea facing 
rooms. 
• The dive center is the most well known in the area and the facility remains among the 
best along the Al Aqah Coastline and in the UAE. 
• The area is a popular tourist spot for residents and visitors to Dubai. The location is 
pivotal to the UAEs best, natural diving and snorkeling sites which are accessible from a 
short boat ride (10 minutes to 45 minutes by speed boat depending on site).
 • Popular dive sites nearby include Dibba Rock, Snoopy Island Sharm Rocks, Inchcape 1 and 2 wrecks, Artificial Reef, Hole in the Wall and Martini Rock. 
• Diving is suitable for beginners and advanced divers to enjoy the marine life found in 
waters of the Indian Ocean.
 • Non-motorized and motorised watersports activities including parasailing, towable rides, 
kayaking etc
 • Loading of passengers can be made from the beach in front of the Resort using a floating jetty or from the local harbour which is 10-minute drive from the hotel.
 • The center is adjacent to Le Meridien’s Gonu Restaurant and Bar where divers can enjoy discounted rates off F&B

Facilities
• The center features a reception area with large, fully stocked shop including products from Aqualung, Apeks and many other well-known brands; classroom; office; storage for retail equipment; compressor room; staffroom; pantry; men's and women's bathrooms with showers. 
• Directly outside the center is an equipment storage shed with window for issuing and receiving rental gear; two large dunk tanks with freshwater tap; equipment drying area; shaded tables; more men’s and women’s bathrooms, open space to store watersports equipment like kayaks and towable rides, direct access to the beach. 
• The beach has a dedicated area to display watersports towable rides, SUPs and kayaks, company flags. 
• The center has access to the hotels pool for training dives.


• Opened in July 2021 the resort is one of the most luxurious properties in the emirate with over 53,600 sqm, 196 rooms, 10 private villas and 170 serviced apartments. 
• Al Boom Diving manages the diving and watersports center at Address Resort operating as a satellite to its larger center at Le Meridien Al Aqah. 
• The Address Resort is a convenient 5-minute drive by road from Le Meridien Al Aqah. 
• The facilities include a dive center with shop, classroom, changing area and storage room. The center has access to the hotels pool for training dives. A dedicated space on the beach is used to display watersports equipment. 
• The popular dive and snorkeling site known as Sharm Rocks acts as house reef to the Address Dive Center and can be reached by a quick 5-minute boat ride.

Included In The Sale: 
• 14 Boats including 5 dive boats with twin outboard Suzuki Engines; 2 fishing boats with twin outboard Suzuki Engines; 1 parasail boat with twin outboard Suzuki engines; 5 watersports boats with single outboard Suzuki engine; 1 rescue boat. 
• Toyota Hi-Ace Minibus 
• Full inventory of rental gear including 43 Aqualung regulators, 85 Aqualung BCs, 234 cylinders plus wetsuits, masks, snorkels, fins etc 
• All retail equipment in the shops from brands such as Aqualung, Apeks, Innovative Scuba Concepts and more. 
• Two Bauer Air compressors with air bank. 
• Versadock floating pontoon Jetty. 
• Watersports Rental Equipment and fishing gear. 
• Two trailers for the dive boats, two trailers for watersports boats, one trailer for the parasail boat. 
• Office and shop fittings and fixtures

What else to know? 
• Currently the centers operate with one receptionist; four diving instructors; eight boat drivers; one equipment handler; one salesperson at Le Meridien and a second salesperson/receptionist covering Address. 
• Al Boom Diving will supply rental and retail equipment at preferential, wholesale rates. 
• The prospective buyer should maintain the centers to the high quality, safety and insurance standards set forth under Al Boom Diving’s long management term. 
• For a serious buyer looking for an amazing opportunity to operate one of the premier diving and Watersport scenters in the region please enquire directly for sales numbers, dive center rents and running costs. We are open to serious offers.

Expansion Opportunities:
The right buyer can leverage the booming Dubai economy, tourist and staycation trade to attract divers and watersports enthusiasts to the UAE's best dive sites and popular beach at one of the most well known centers in the Emirates.

 




 
Amenities / Key Features
  • Premium Location
  • Outside Seating Available
  • High Quality Equipments
  • Loyal Customer Base
  • Established Business
  • Prime Location
  • Attractive Business
  • Fully Fitted
Location

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