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Sports Facility for Sale in Fujairah, UAE

Acquire a reputable, long-established turnkey dive and watersports centre based in the UAE.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.08 million
Run Rate Sales USD 1.08 million
EBITDA Margin 28 %
Industries Sports Facilities
Locations  Fujairah
Local Time 5:45 AM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 540 thousand (Native Currency: AED 2,000,000)
Reason: • After successful operations for over twenty-two years the owners have decided to offer this facili... View More
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Documents
Business Overview
- Acquire an established and reputable UAE-based turnkey dive and watersports centre that has a strong brand presence in Fujairah.
- Located at a premier beach resort, just 1.5 hours from Dubai, with direct access to some of the UAE's most sought-after diving sites in the Indian Ocean.
- The primary centre boasts a 5-star rating, established 22 years ago, consistently maintaining high management standards and quality services.
- Offers a range of products and services, with top-selling scuba diving courses attracting both beginners and seasoned divers, alongside non-motorized and motorized watersports activities.
- Proximity to renowned dive sites such as Dibba Rock, Snoopy Island, and two shipwrecks, ensuring diverse underwater experiences within a short boat ride.
- The company operates a satellite centre at another luxurious resort, a 5-minute drive from the main facility, expanding its market reach and customer base.
- Comprehensive facilities include a fully equipped dive shop, classroom, changing area, and direct beach access for seamless guest experiences, enhancing operational efficiency.
- Currently, the main centre operates with one receptionist; four diving instructors; eight boat drivers; one equipment handler; one salesperson and a second salesperson/receptionist covering the other location.
- The company is registered with a trade license and a commercial license.
Products & Services Overview
The business's top-selling services include its scuba diving courses.
• Popular dive sites nearby include Dibba Rock, Snoopy Island Sharm Rocks, and Inchcape 1.
Also 2 wrecks, an 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 and so on.
Assets Overview
Tangible assets:
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 a 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, wetsuits, masks, snorkels, fins and other equipment.
• All retail equipment in the shops from brands such as Aqualung, and Apeks.
• 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 the watersports boats, and one trailer for the parasail boat.
• Office and shop fittings and fixtures.
The boats are worth AED 780k, the engines are worth AED 190k, and stock and equipment are worth AED 60k.
Intangible assets: contracts with the 2 resorts.
Facilities Overview
The primary centre features a reception area with a 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 centre is an equipment storage shed with a window for issuing and receiving rental gear; two large dunk tanks with a 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, and company flags.
The centre has access to the hotel's pool for training dives.
Capitalization Overview
The business is self-funded with no outstanding loans.
The business has three shareholders of which one is the managing partner.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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