Recreation For Sale
Revenue £Available on Request, Net Profit £Available on Request, Established 17 years
This PADI Dive Resort is the most active dive and snorkel business in Puerto Morelos and has been located in the best beachfront location in town for 7 years. Life in this fishing village, between the mangrove and the sea is quiet, slow and casual. Our 38 diving and snorkeling sites on Earth’s second largest barrier reef inside the National Marine Park are protected and remain world-class. Our seaside town is conveniently located 25 minutes south of the airport in Cancun (CUN) and 30 minutes north of Playa del Carmen. According to government tourism data, there are over 65,000 hotel rooms and suites within 45 minutes of our business location. The Cancun and Riviera Maya hotels averaged a 79% occupancy rate in 2013.
There are around 100 “lancha” style boats that are allowed to operate commercially inside the over 30 square mile (around 80 square kilometer) Puerto Morelos Federal Marine Park. Most of those boats only have snorkeling permits, and have restrictions based on their activities at certain locations. Wet Set owns 2 fully transferrable UNRESTRICTED ORIGINAL PERMITS for snorkeling and scuba diving inside the marine park. We can go to any location we wish for snorkeling or scuba diving.
Our licensed mooring locations are two of the most ideal spots in town, at the end of a paved pedestrian-only street to the beach, and can be seen from the dive shop window and the live web cam.
The leased property at the Ojo de Agua hotel and restaurant with a swimming pool and beach club provides discounted rates for package deals.
Right off the white sandy beach is a “house reef” that provides excellent training grounds for confined and open water dives when needed.
Business is a Mexican Corporation with no liabilities and all government permits in good standing. The corporation is ready for purchase by any foreign national with fully legal support team ready for the transition of ownership. Legal immigration status, with permission to work as Dive Instructors (if you wish), is provided for the new owners.
Fully functional and regularly serviced equipment, many items are new in the past two years.
Using over 20 regulators, 30 BCDs, 60 tanks and 70 wetsuits, our team certified 279 dive students, guided 1560 tanks on the reef and entertained 1,115 snorkelers in 2013.
We currently have 8 staff members. There are 2 boat captains, 2 snorkel guides and boat mates, 1 PADI Dive Master and 1 PADI Instructor. A PADI MSDT Instructor and an IDC Staff Instructor are a Management Couple that oversee the daily schedule, equipment repairs and customer relations.
The reputation for top quality service, equipment and safety maintains our number one position on Tripadvisor for two years running and provides a major source of referral business in the Mayan Riviera.
17% of the income last year was produced by up-selling top quality tours provided by reliable subcontractors. This provides our customers with more choices while reducing our overhead and increasing profit margins.
The comprehensive Wordpress-based website with over 500 page views per day generates over 25% of sales income through the online shopping cart system. See wetset.com for more information.
Selling price of 565,000 USD will provide an immediate 15% annual ROI. Financial statements and full documentation is available by appointment only please. They are ready to sail again, so a trade for a sailing catamaran plus some cash is an option.
The managing owners will provide full transparency with detailed administrative documents for serious buyers. They are also willing to stay on after the business has been sold to train up the buyer and any new staff. They will continue to own a home just minutes away from the business location. Contact seller below if you have questions and are ready to invest in your vacation lifestyle in Mexico!