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Recreational Products Company for Sale in Thulusdhoo, Maldives

Maldives-based PADI 5-Star dive center with strong tourist demand, offered for full business sale.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 250 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 30 - 40 %
Industries Recreational Products
Locations  Thulusdhoo
Local Time 3:13 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: USD 250,000)
Reason: The owner is pursuing new business opportunities and is looking for a suitable buyer to take over an... View More
Includes physical assets worth USD 130 thousand
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Business Overview
- Operates a PADI 5-Star certified dive center in Thulusdhoo, Maldives, offering a full range of scuba diving and snorkeling experiences.
- Serves international tourists through direct bookings, online channels, and strong partnerships with over 30 local guesthouses.
- Built a database of 3,000+ customers with high repeat business driven by service quality and island reputation.
- Only PADI 5-Star dive center on the island, creating a strong competitive advantage and brand positioning.
- Operates from a prime rented facility with a long-term 15-year lease, supporting stable operations and future planning.
- Equipped with key assets including a diving Dhoni, compressor, cylinders, and complete dive gear required for daily operations.
- Managed by an experienced team of 5 staff and 2 interns handling dive operations, training, and customer experience.
- Strong digital presence with well-ranked platforms and direct booking capabilities through its website.
- Run rate sales have slightly declined due to seasonal fluctuations in tourist inflow and temporary variations in booking volumes.
- The business has a business registration certificate.
Products & Services Overview
PADI-certified scuba diving courses, fun dives, and snorkeling experiences for international tourists visiting Thulusdhoo, primarily through guesthouse partnerships and online bookings.
Assets Overview
Tangible assets include a diving Dhoni, compressor, cylinders, full dive equipment sets, and office tools, while intangible assets comprise an established brand, 3,000+ customer database, partner network, guesthouse tie-ups, and strong online booking presence.
Facilities Overview
The dive center operates from a well-located leased facility in Thulusdhoo under a secure 15-year agreement at USD 1,000 per month, featuring a fully equipped office, dedicated dive gear storage, compressor setup, and seamless access for guest operations.
Capitalization Overview
The business is privately owned and self-funded.
• No outstanding loans or debts.
• Single owner (100% ownership)
Recent Activity
  • 1 week, 4 days ago
    Founder & CEO, Mumbai, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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