How much does it cost to start a scuba dive shop?
In total, business owners should expect to spend between $10,000 and $50,000 to start up a new scuba diving business. Established businesses can sell for much more. At the time of writing, the prices for successful businesses in North America ranged from $30,000 to $1.5 million.
How much do dive shop owners make?
With average revenues of about $500K annually, the local dive shop is either a small or micro business. There’s nothing wrong with that, except it can be challenging at times. With this level of annual revenues, it is unlikely you can afford a vice-president for each one of these functions.
Are scuba shops profitable?
It’s a mistake to base ANY company on only its tangible assets, scuba diving businesses especially. The size and success of a scuba business and the real profit comes in the high quality and ease of the lifestyle of its owners. That is why 99% of all scuba business owners in tropical destinations are there.
How do I open a dive shop?
How to Open a Dive Shop or Resort
- Start With a Well-Researched, Realistic Business Plan. …
- Be Prepared to Work 40-50 Hours a Week. …
- Buying a Dive Shop Vs. …
- Avoid the Most Common Mistake New Dive Shop Owners Make. …
- Choose the Right Business Partner. …
- PADI Business Academy. …
- PADI Regional Managers. …
- Other PADI Benefits.
How much is it to scuba dive?
But, as with all equipment-oriented activities, there are expenses. Yes, scuba diving is an expensive hobby. You can expect to spend roughly $300 to receive your diving certification, anywhere from $200 – $2,000 on scuba diving gear, and anywhere between $75 – $150 per dive.
How much do dive charters make?
Some Dive Instructors make as low as US$500/month while others can make US$4000-US$6000/month and others will make anything in between. A scuba diving instructor salary and how much a diving instructor can make, depends on a few important factors.
How much do freedivers make?
The highest salary for an Instructor Scuba Diving (PADI) Freediving in United States is $102,511 per year. The lowest salary for an Instructor Scuba Diving (PADI) Freediving in United States is $32,857 per year.
How do you become a dive instructor?
Be certified as a diver for at least six months. Have 60 logged dives that include experience in night, deep and navigation diving to participate in the Instructor Development Course. You’ll need 100 logged dives to take the Instructor Exams. Have proof of CPR and First Aid training within the last 24 months.