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Established Dive Resort In North Sulawesi For Sale

Bitung, North Sulawesi, Propinsi Sulawesi Utara, Indonesia
Asking Price:
$1M - $5M (USD) Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Located in a prime position on Lembeh Strait in North Sulawesi, this 2.8 ha. property enjoys ~200 m of shoreline that includes a ~100 m private fine black sand beach. We are only 10 minutes or less by speedboat from Lembeh Strait’s best dive sites.

This is a turnkey boutique dive resort with an established following in the international dive community. The buildings and equipment have been well-maintained and new ownership can expect to successfully be able to continue operations.

The resort is comfortably reached from Manado’s Sam Ratulangi International Airport in ~1 hour, using the Manado-Bitung Toll Road and then a good asphalt road from Bitung.

Included are:
7 Bungalows (56 sq m)
Main Building (280 sq m) incl. restaurant, kitchen, entrance hall with porte cochere, 2 offices, TV room, 2 storerooms, 2 toilets
Dive Centre (242 sq m) incl. compressor room, equipment area, camera room, office, staff room, storage and 2 toilets
Freshwater pool
Owner’s House, Manager’s House, separate male and female residences, housekeeping room, generator building, water tower

Reason for selling: Retirement

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Besides the 7 guest cottages (56 sq. m. each), there is the following:
Owner house (2 bedrooms, bathroom, kitchen & storeroom)
Female staff residence (2 bedrooms & bathroom)
Male staff residence (4 bedrooms, central room & 2 bathrooms)
Manager house (bedroom & bathroom)

Location:

This resort is on prime beachfront property with road access.

Size in square feet:
301,389 sq, ft./28,000 sq. m.

Business Operation

Expansion Potential:

Having 2.8 ha., there is much potential for expansion.

Competition / Market:

In Lembeh Strait, which is 16 km long, there are ~12 other dive resorts, ranging from high-end to backpacker. There is competition, but the easy access from overseas and the fact that Lembeh is one of the most popular dive destinations in Asia means that there is strong business potential.

Reasons for selling:

Retirement

Trading hours:

24/7

Employees:
20
Years established:
15

Other Information

Support & training:

The owners would provide support to any buyer to ensure a smooth transition.

Website:
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